2 bed Flat For Sale £120,000
Very spacious two bedroom top floor flat located within a historic building, just a short walk from Launceston Town Centre. Often referred to by locals as the “Old Library”, the building was built in 1899 by John Passmore Edwards. The property has rendered solid walls beneath slated roofs. The flat is an ideal investment with a tenant in situ and rental of £525.00 pcm with possibility to increase given the strength of the current rental market. The flat will have a 1/5 share in the freehold as well as a 999 year lease.
Situation
Located on the Cornwall / Devon border Launceston sits astride the A30 dual carriageway spine road providing excellent links to all parts of the two counties and is halfway between the North and South coasts.
Launceston provides a good range of social, commercial and shopping facilities including supermarket, primary and secondary schools, leisure centre, doctor surgery, minor injury hospital and veterinary surgeries. To the East, the city of Exeter some 44 miles, provides Intercity Rail Link, International Airport and M5 motorway link. To the South, the city of Plymouth, 28 miles, provides Continental Ferry Port and Intercity Rail Link.
Description
This is one of five flats in this period building. The flat has fire detectors connected to the alarm system for the main building. THe flat has fine joinery inward opening secondary glazing.
Accommodation
Access via imposing shared entrance lobby, following the stairs to the top.
Entrance Hall
Light and airy hallway with night storage heating, doors to:
Kitchen
Modern kitchen with a good range of cream base and wall mounted units, and black roll top work surface. Built-in eye level electric cooker and separate hob. Built-in microwave, fridge and dishwasher. Shelving and space for kitchen table.
Living Room
Light and airy room, three triple aspect windows with great views over Launceston. Night storage heating, TV aerial.
Bathroom
Large modern bathroom with walk in shower cubicle, W.C and sink. Partly tiled, built-in drawers and cupboard unit under sink, large wall mirror, airing cupboard with shelving and storage space.
Bedroom
Two windows and lovely views, night storage heaters, built in wardrobes.
Bedroom
Two windows and lovely views, night storage heaters, built-in wardrobes.
Outside
The property is entered via a communal hallway. There is one designated courtyard parking space which can be accessed to the side of the property.
Tenure
Leasehold flat on a 999 year lease. There is a management Company. Currently the annual management charge is £900. In addition each flat contributes towards the annual insurance premium.
The purchaser of the property will have a 1/5 share of the Management Company which will own the Freehold of Tamar Flats.
Services
Mains electricity, water and drainage.
Council Tax Band
A
EE Rating
D
Agents Note
This property is currently owned by a member of Kivells staff.
The property is offered for sale with the tenant in situ.
Possible Garage
There is an option to purchase a garage via separate negotiation for a sum £7,500.00. Please note the access egress to / from the garage has poor visibility.
Situation
Located on the Cornwall / Devon border Launceston sits astride the A30 dual carriageway spine road providing excellent links to all parts of the two counties and is halfway between the North and South coasts.
Launceston provides a good range of social, commercial and shopping facilities including supermarket, primary and secondary schools, leisure centre, doctor surgery, minor injury hospital and veterinary surgeries. To the East, the city of Exeter some 44 miles, provides Intercity Rail Link, International Airport and M5 motorway link. To the South, the city of Plymouth, 28 miles, provides Continental Ferry Port and Intercity Rail Link.
Description
This is one of five flats in this period building. The flat has fire detectors connected to the alarm system for the main building. THe flat has fine joinery inward opening secondary glazing.
Accommodation
Access via imposing shared entrance lobby, following the stairs to the top.
Entrance Hall
Light and airy hallway with night storage heating, doors to:
Kitchen
Modern kitchen with a good range of cream base and wall mounted units, and black roll top work surface. Built-in eye level electric cooker and separate hob. Built-in microwave, fridge and dishwasher. Shelving and space for kitchen table.
Living Room
Light and airy room, three triple aspect windows with great views over Launceston. Night storage heating, TV aerial.
Bathroom
Large modern bathroom with walk in shower cubicle, W.C and sink. Partly tiled, built-in drawers and cupboard unit under sink, large wall mirror, airing cupboard with shelving and storage space.
Bedroom
Two windows and lovely views, night storage heaters, built in wardrobes.
Bedroom
Two windows and lovely views, night storage heaters, built-in wardrobes.
Outside
The property is entered via a communal hallway. There is one designated courtyard parking space which can be accessed to the side of the property.
Tenure
Leasehold flat on a 999 year lease. There is a management Company. Currently the annual management charge is £900. In addition each flat contributes towards the annual insurance premium.
The purchaser of the property will have a 1/5 share of the Management Company which will own the Freehold of Tamar Flats.
Services
Mains electricity, water and drainage.
Council Tax Band
A
EE Rating
D
Agents Note
This property is currently owned by a member of Kivells staff.
The property is offered for sale with the tenant in situ.
Possible Garage
There is an option to purchase a garage via separate negotiation for a sum £7,500.00. Please note the access egress to / from the garage has poor visibility.
