1 bed Flat For Sale £97,500
Ideal investment opportunity - spacious one bedroomed apartment with parking space
The property is pleasantly situated on the third floor of this development of purpose built apartments, quietly tucked away from passing traffic on the eastern outskirts of the town. The property is within a short walk of the town and also offers a bus stop providing a regular daily service into the town centre (about one mile distant) with its wide range of shopping and recreational facilities, etc. The apartment itself offers spacious accommodation with an entrance hall with security entry phone system, recently installed double glazing throughout, lounge/diner that is open plan through to the kitchen area, a double bedroom and convenient parking space to the rear. The building is accessed via a large communal hall with secure entry phone access and stairs leading to all floors and outside there are communal grounds and parking.
A potential rental income of approximately £625 per calendar month which offers good return yield of 6.5%.
Communal Entrance Hall
Well presented communal entrance hall with entry phone and stairs rising to all floors.
Personal Entrance Hall
The welcoming hallway comprises of doors to all major rooms, shelved cupboard, loft hatch with generous attic space housing the hot water tank.
Bathroom
Comprising of a panelled bath with electric Mira shower over, pedestal wash hand basin, low level WC, tiled splashbacks, extractor fan, wall mounted downflow heater and tiled effect vinyl flooring.
Living Room
This sociable room benefits from a window to the rear elevation with partial countryside views, television and telephone points and archway through to
Kitchen
The kitchen area comprises of a range of base cupboards and drawers with worktop over, inset single drainer sink, space for washing machine, spaces for fridge and freezer and space for a freestanding cooker. There is a convenient breakfast bar area as well as a range of matching wall mounted cupboards, extractor fan, tiled splashbacks, tile effect vinyl flooring and door into a useful pantry cupboard.
Bedroom
A good sized double bedroom with window to the rear elevation and television point
Outside
There are communal gardens and communal parking area and this property benefits from one allocated space to the rear.
Leasehold Information
We understand from the seller the property was built in 1992 with a 99 year lease meaning there is now 69 years now remaining. The service charge is calculated at £515.01 half yearly, with £76.96 per annum ground rent approx.
The property is pleasantly situated on the third floor of this development of purpose built apartments, quietly tucked away from passing traffic on the eastern outskirts of the town. The property is within a short walk of the town and also offers a bus stop providing a regular daily service into the town centre (about one mile distant) with its wide range of shopping and recreational facilities, etc. The apartment itself offers spacious accommodation with an entrance hall with security entry phone system, recently installed double glazing throughout, lounge/diner that is open plan through to the kitchen area, a double bedroom and convenient parking space to the rear. The building is accessed via a large communal hall with secure entry phone access and stairs leading to all floors and outside there are communal grounds and parking.
A potential rental income of approximately £625 per calendar month which offers good return yield of 6.5%.
Communal Entrance Hall
Well presented communal entrance hall with entry phone and stairs rising to all floors.
Personal Entrance Hall
The welcoming hallway comprises of doors to all major rooms, shelved cupboard, loft hatch with generous attic space housing the hot water tank.
Bathroom
Comprising of a panelled bath with electric Mira shower over, pedestal wash hand basin, low level WC, tiled splashbacks, extractor fan, wall mounted downflow heater and tiled effect vinyl flooring.
Living Room
This sociable room benefits from a window to the rear elevation with partial countryside views, television and telephone points and archway through to
Kitchen
The kitchen area comprises of a range of base cupboards and drawers with worktop over, inset single drainer sink, space for washing machine, spaces for fridge and freezer and space for a freestanding cooker. There is a convenient breakfast bar area as well as a range of matching wall mounted cupboards, extractor fan, tiled splashbacks, tile effect vinyl flooring and door into a useful pantry cupboard.
Bedroom
A good sized double bedroom with window to the rear elevation and television point
Outside
There are communal gardens and communal parking area and this property benefits from one allocated space to the rear.
Leasehold Information
We understand from the seller the property was built in 1992 with a 99 year lease meaning there is now 69 years now remaining. The service charge is calculated at £515.01 half yearly, with £76.96 per annum ground rent approx.
1 bed Flats For Sale Lime Kiln Road
1 bed Flats For Sale Rena Hobson Court
1 bed Flats For Sale Canal Hill
1 bed Flats For Sale Bampfylde Close
1 bed Flats For Sale Spencer Drive
1 bed Flats For Sale Peterclose Road
1 bed Flats For Sale Devonshire Rise
1 bed Flats For Sale Lazenby Road
1 bed Flats For Sale Spurway Road
1 bed Flats For Sale Withy Close
1 bed Flats For Sale Rena Hobson Court
1 bed Flats For Sale Canal Hill
1 bed Flats For Sale Bampfylde Close
1 bed Flats For Sale Spencer Drive
1 bed Flats For Sale Peterclose Road
1 bed Flats For Sale Devonshire Rise
1 bed Flats For Sale Lazenby Road
1 bed Flats For Sale Spurway Road
1 bed Flats For Sale Withy Close
