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1 bed Flat For Sale £120,000
The Cedars, Portland Avenue, Sittingbourne ME10


Description
Share of freehold | Get on the property ladder or add to your investment portfolio this ground floor maisonette in a purpose-built block with allocated parking, a communal garden, a long lease with in excess of 960 years remaining, and no management fees.

The internal accommodation needs some minor modernisation and comprises an entrance porch, an open plan living area with kitchen, an inner hall with two storage cupboards, bedroom with fitted wardrobes, and a shower room.

Further features include UPVC double glazing and has fired central heating.

The Cedars is located within a residential area to the East of Sittingbourne and is approximately 1.5 miles from the mainline railway station and town centre.

Sittingbourne is approximately 17 miles from Canterbury and within 45 miles of London. Railway links to London Victoria and HS1 to St. Pancras International made the town a popular choice for commuters.

The town offers a variety of leisure facilities including Swallows Leisure Centre, the New Century Cinema, the Avenue Theatre, the light railway, a heritage railway that operates from Sittingbourne to the banks of the Swale, and a new cinema complex.

Lease Term

999 Years from 3rd April 1985 (approximately 961 years remaining.)

Share Of Freehold

This property is to be sold with a third share of the freehold.

Service Charge

N/A

Ground Rent

N/A

Agents Note

In accordance with Section 21 of the Estate Agents Act 1979, the vendor of this property is a member of staff.

Rental Yield

With minor modernisation, we would expect this property to realise a rental return of £9,000 per annum (£750 pcm)

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