2 bed Flat For Sale £79,950
Portland Court, Newark

A ground floor two bedroom apartment conveniently situated in the town centre area and available with immediate vacant possession. Whilst the flat requires basic redecoration and floor coverings, this is an ideal investment or first time buyer opportunity. The rental return would be in the region of £500 to £525 per calendar month representing a substantial yield on the purchase price and a readily lettable property having regard to the location and bedroom accommodation. There is amenity space to the rear with two lock-up outbuildings. The property has gas fired central heating and double glazing throughout.

The ground floor accommodation includes an entrance hall, lounge, kitchen, 2 bedrooms and a bathroom.

Portland Court is situated close to Beaumont Cross and within the immediate vicinity are shopping facilities, a supermarket, medical centre, pharmacist. The St Marks shopping centre and town centre are a few minutes walking distance. Newark on Trent offers a wonderful range of amenities. The Georgian Market Place, St Mary's Church and the 12th century castle and riverside areas are attractive and just again a short walk from the property. There are 2 railway stations in Newark. Newark Northgate has regular main east coast railway services to the north and London King's Cross with journey times of just over 75 minutes. From Newark Castle Gate station there are regular services to Lincoln and Nottingham.

The following accommodation is provided:

Ground Floor - Communal entrance hall with entrance door to the flat.

Hall - With radiator.

Lounge - 3.68m x 3.66m (12'1 x 12') - Window in the front elevation, radiator.

Kitchen - 2.44m 2.44m x 1.65m (8' 8 x 5'5) - Stainless steel sink unit, base cupboard, freestanding oven and cupboard containing the gas fired central heating boiler.

Bedroom 1 - 3.68m x 2.72m (12'1 x 8'11) - With radiator.

Bedroom 2 - 2.46m x 2.11m (8'1 x 6'11) - With radiator.

Bathroom - 2.69m x 1.50m (8'10 x 4'11) - Bath with shower attachment, basin, low suite WC, radiator.

Outside - There are two outbuildings, each numbered 6.

Services - Mains water, electricity, gas and drainage are all connected to the property.

Tenure - The property is leasehold held on a 189 years Lease from 29th September 1985 with 151 years unexpired.

Ground Rent £50.00 per annum.

Service Charge £750.00 per annum.

Possession - Vacant possession will be given on completion.

Mortgage - Mortgage advice is available through our Mortgage Adviser. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Viewing - Strictly by appointment with the selling agents.

Council Tax - This property comes under Newark and Sherwood District Council Tax Band A.