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1 bed Flat For Sale £99,000
Smithfield Road, Market Drayton TF9


Description
Property Being offered with no upward chain, this modern first floor, one bedroom open plan property is conveniently located for Market Drayton town centre. The living accommodation provides an open plan lounge and kitchen, a double bedroom and a bathroom. The property is being sold with a tenant in situ with a current rental income of £460pcm which is a gross current Yield of 5.57% based on the current asking price.

Location Market Drayton is a popular North Shropshire market town on the Staffordshire/Cheshire borders. It is on the River Tern, between Shrewsbury and Stoke on Trent and was formerly known as Drayton in Hales and is listed in the Domesday Book. In 1245 King Henry III granted a charter for the weekly Wednesday market, giving the town its current title. The market is still held every Wednesday. The Shropshire Union Canal runs through the town and Market Drayton offers a wide variety of amenities such as schools, specialist and high street shops, supermarkets and health and leisure facilities. The larger centres of Newcastle under Lyme, The Potteries, Crewe, Stafford, Telford and Shrewsbury are all within commutable distance.

Accommodation

entrance hall

stairs to first floor

landing area

lounge 12' 0" x 11' 10" (3.66m x 3.61m)

bedroom 11' 8" x 10' 0" (3.56m x 3.05m)

bathroom 11' 8" x 10' 0" (3.56m x 3.05m)

externally The property has the benefit of an attractive shared communal garden at the rear and one allocated car parking space to front

energy performance certificate The full energy performance certificate (EPC) is available for this property upon request.

Services We are advised that mains electric, water and drainage are available with electric storage heating. Barbers have not tested any apparatus, equipment, fittings etc or services to this property, so cannot confirm that they are in working order or fit for purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor.

How to find the property Turn right from our office onto Maer Lane and then take the next right onto Smithfield Road. Continue a short distance until taking the next turning on the left into a private entrance leading to the property which can be identified by our for sale board.

Tenure We are advised that the property is Leasehold and this will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries. Vacant possession upon completion

method of sale For Sale by Private Treaty.

Lease information length of lease remaining - 982 years
Lease commenced October 2004 for 999 years

service charge & ground rent The current maintenance charge is £400 per year and the ground rent is £500 per year - totalling £900 per Anum.

Local authority Council tax enquiries, Revenues & Benefit, Shropshire Council, Shirehall, Shrewsbury, SY2 6nd. Tel: Viewing arrangements By arrangement with the Agents Office at Tower House, Maer Lane, Market Drayton, TF9 3SH
Tel: Or email:

Property information We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract.

Aml regulations To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable id documents is available upon request.

MD

note details not yet approved by the vendor.

Follow the link for more information:
        
zoopla.co.uk

  
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