**** Investors Only ****
This first floor two bedroom duplex apartment is available with a sitting tenant. The property consists of breakfast kitchen, lounge with fireplace and Juliette balcony. To the first floor is two good sized double bedroom and a family bathroom with shower. Communal gardens to the rear with allocated outbuilding. Property benefits from gfch and double glazing, close to local amenities. On a local bus route, with easy access to the A1(M) and local commuter routes.
Tenant currently pays £450 pcm providing a yield of 5.4% and the tenancy started in Aug 2020.
Entrance Hall
Enter the property via the composite exterior front door into the entrance hall, Stairs to the first floor and storage under the stairs, Heating thermostat
Breakfast Kitchen
Good size room with double glazed front aspect window, a range of wall and base units in light wood and cream mottle effect worktop, stainless steel sink and drainer, Built in oven and gas hob, with built in cooker hood, space and plumbing for a washing machine, part tiles cream walls and stone tiled flooring. Wall mounted combi boiler and ceiling light fitting.
Lounge
Rear aspect room with double glazed door with Juliette balcony and window, wood effect laminate flooring and fireplace with electric flame effect fire. Ceiling light fitting and radiator, TV and BT open reach point.
Stairs And Landing
Take the stairs to the first floor, with doors leading to the two bedroom and family bathroom. Loft access. Ceiling light fitting
Main Bedroom
Rear aspect double room with wood effect flooring and double glazed window, ceiling light fitting, radiator, Has built in storage.
Bedroom 2
Double bedroom with front aspect double glazed window, wood effect laminate flooring, radiator and ceiling light fitting.
Family Bathroom
White three piece bathroom suite with low cistern WC, white hand basin and white acrylic bath, with electric shower and glass shower screen. Part tiled walls and black and white tiles flooring, bathroom cabinet and double glazed obscure front aspect window, ceiling light fitting and radiator.
Leasehold Information
This property formerly belonged to Newark and Sherwood District Council.
The Lease is approximately 130 years Ground rent is £40 pa and the Service Charge is approximately £350 pa but can vary from year to year.