2 bed Flat For Sale £225,000
** buy to let investment ** A two bedroom first floor flat situated in both a sought after road and catchment area. The accommodation consists of a communal porch and entrance hall, reception hall, lounge, kitchen, two bedrooms, bathroom/w.c and garage.
Property Features
This two bedroom first floor flat forms part of the sought after Broadwater catchment area, close to local shops, schools and amenities. The property benefits from having a fitted kitchen and bathroom, security entryphone system, West facing communal garden, double glazed windows throughout, gas central heating to every room and with the home being sold with no onward chain
Communal Hallway
Communal front door with security entryphone system leading to the communal porch. Internal doors to the communal hallway with staircase to the first floor landing. Private door to flat three.
Reception Hall
Coved and textured ceiling. Built in storage cupboard. Doors to all rooms.
Lounge (13'2 x 10'4)
Dual aspect via a South facing and two East facing double glazed windows. Radiator. Feature wall. Coved and textured ceiling.
Kitchen (9'11 x 5'11)
Fitted suite comprising of a single drainer sink unit having storage cupboard and space for washing machine below. Areas of roll top work surfaces offering additional cupboards and drawers under. Matching shelved wall units. Four ring hob with extractor hood over and fitted oven and grill below. Space for further appliances. Part tiled walls. Tile effect flooring. Wall mounted central heating boiler. Radiator. Coved and textured ceiling. South aspect double glazed window.
Bedroom One (11'9 x 9'3)
South aspect double glazed window. Radiator. Coved and textured ceiling.
Bedroom Two (9'9 x 6'5)
South aspect double glazed windows. Radiator. Coved and textured ceiling.
Bathroom/W.C (5'10 x 5'8)
Fitted suite comprising of a panelled bath having shower unit over. Pedestal wash hand basin. Push button w.c. Radiator. Part tiled walls. Extractor fan. Coved and textured ceiling.
Garage
Lease & Maintenance
Lease: 99 Years from 1990 - (67 Years unexpired as of 2022)
The current owner has agreed that they are willing to set up a section 42, so that a new purchaser can renew the lease without the need for a two year wait.
Ground Rent: £100 per annum. Rising to £200 per annum in 2040, and £400 per annum in 2065.
This will most likely be reset to £0 after a lease extension.
Maintenance: The maintenance charge varies according to costs that year, but is typically around the £500 mark
Tenant: The current tenants have been in residence since 2008. They are very keen to stay in residence with the new landlord and currently pay £750 per calendar month. They are aware this is below market value and expect an increase with any new landlord.
Council Tax
Council Tax Band A
Property Features
This two bedroom first floor flat forms part of the sought after Broadwater catchment area, close to local shops, schools and amenities. The property benefits from having a fitted kitchen and bathroom, security entryphone system, West facing communal garden, double glazed windows throughout, gas central heating to every room and with the home being sold with no onward chain
Communal Hallway
Communal front door with security entryphone system leading to the communal porch. Internal doors to the communal hallway with staircase to the first floor landing. Private door to flat three.
Reception Hall
Coved and textured ceiling. Built in storage cupboard. Doors to all rooms.
Lounge (13'2 x 10'4)
Dual aspect via a South facing and two East facing double glazed windows. Radiator. Feature wall. Coved and textured ceiling.
Kitchen (9'11 x 5'11)
Fitted suite comprising of a single drainer sink unit having storage cupboard and space for washing machine below. Areas of roll top work surfaces offering additional cupboards and drawers under. Matching shelved wall units. Four ring hob with extractor hood over and fitted oven and grill below. Space for further appliances. Part tiled walls. Tile effect flooring. Wall mounted central heating boiler. Radiator. Coved and textured ceiling. South aspect double glazed window.
Bedroom One (11'9 x 9'3)
South aspect double glazed window. Radiator. Coved and textured ceiling.
Bedroom Two (9'9 x 6'5)
South aspect double glazed windows. Radiator. Coved and textured ceiling.
Bathroom/W.C (5'10 x 5'8)
Fitted suite comprising of a panelled bath having shower unit over. Pedestal wash hand basin. Push button w.c. Radiator. Part tiled walls. Extractor fan. Coved and textured ceiling.
Garage
Lease & Maintenance
Lease: 99 Years from 1990 - (67 Years unexpired as of 2022)
The current owner has agreed that they are willing to set up a section 42, so that a new purchaser can renew the lease without the need for a two year wait.
Ground Rent: £100 per annum. Rising to £200 per annum in 2040, and £400 per annum in 2065.
This will most likely be reset to £0 after a lease extension.
Maintenance: The maintenance charge varies according to costs that year, but is typically around the £500 mark
Tenant: The current tenants have been in residence since 2008. They are very keen to stay in residence with the new landlord and currently pay £750 per calendar month. They are aware this is below market value and expect an increase with any new landlord.
Council Tax
Council Tax Band A
