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2 bed Flat For Sale £125,000
Timken House, Timken, Daventry NN11


Description
Investors only with a yield of 6.3% - Tenant in situ. A two bedroom ground floor flat situated on the Timken Estate. The accommodation comprises two double bedrooms, lounge, kitchen and bathroom. The property benefits from its own parking space. Please call to arrange an internal inspection. EPC Rating: C. Council Tax Band: B

We have been advised of the following: Ground rent £150.00 pa payable annually in January (review date 24/06/2027 where it will double to £300.00 and then double every 25 years thereafter). Service Charge £1057.08 pa payable quarterly on 01 January, 01 April, 01 July, 01 October. (review date tbc). 125 year lease from 14/06/2002. This information would need to be verified by your chosen legal representative.
Local area information

Timken is a small modern estate within Daventry offering a variety of properties from first time buyer flats to three storey townhouses. Positioned just north of the town itself, the old centre of Daventry retains many of its historic features including the ironstone built 18th Century church and Moot Hall and continues to hold markets on the High Street every Tuesday and Friday. Of course, modern retailers and facilities now sit alongside such. Daventry offers schooling at both primary and secondary levels as well as a leisure centre, library, dentist, gp surgeries, optician and hospital facilities. Transport links are excellent due to its close proximity with two M1 junctions (16 and 18), the A45 Northampton to Coventry ring road, A5 Watling Street and A361 Banbury road as well as mainline rail access from Rugby (10 miles) and Long Buckby (5 miles).
The accommodation comprises

entrance hall

Wooden entrance door. Radiator. Telecom entry. Cupboard housing boiler.

Lounge 5.41m (17'9) x 2.67m (8'9)
Double glazed window to rear elevation. Radiator. Television point. Doors to:

Kitchen 1.91m (6'3) x 2.36m (7'9)
Double glazed window to rear elevation. Fitted with a range of wall mounted and base level cupboards and drawers with work surfaces over. Sink and drainer. Gas hob and electric oven. Built in fridge/freezer. Tiling to all areas. Tiled floor.

Bedroom one 4.47m (14'8) x 2.62m (8'7)
Double glazed window to rear elevation. Radiator. Built in wardrobe.

Bedroom two 3.56m (11'8) x 2.26m (7'5)
Double glazed window to rear elevation. Radiator.

Bathroom 1.93m (6'4) x 1.85m (6'1)
Suite comprising sink with chrome hot and cold taps, WC and bath with chrome hot and cold taps and shower over. Tiling to splash back areas. Extractor fan.
Outside

agents notes

We have been advised of the following: Ground rent £150.00 pa payable annually in January (review date 24/06/2027 where it will double to £300.00 and then double every 25 years thereafter). Service Charge £1057.08 pa payable quarterly on 01 January, 01 April, 01 July, 01 October. (review date tbc). 125 year lease from 14/06/2002. This information would need to be verified by your chosen legal representative.
Draft details

At the time of print, these particulars are awaiting approval from the Vendor(s).

Agent's note(S)

The heating and electrical systems have not been tested by the selling agent Jackson Grundy.
Viewings


By appointment only through the agents Jackson Grundy – open seven days a week.
Financial advice


We offer free independent advice on arranging your mortgage. Please call our Consultant on . Written quotations available on request. “your home may be repossessed if you do not keep up repayments on A mortgage or any other debt secured on it”.

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