1 bed Flat For Sale £115,000
IDEAL FOR INVESTORS, CAN BE SOLD WITH TENANT IN SITU. Baynton House is a modern block of 14 one-bed apartments in the town of Kidderminster, each apartment is offered for sale as ‘share of freehold’.
Baynton House was a former freehold GP Surgery in Stourport Road, Kidderminster which was converted into 14 apartments in 2017.
Flat 12 is a modern spacious first floor apartment.
The property comprises of entrance hallway, a large living room with separate kitchen. The bedroom is of good proportion, bathroom comes complete with walk in shower. With the added benefit of allocated off street parking.
Each flat is sold on a 999 year leasehold basis with peppercorn ground rent. Each lessee will join the Management Company which will also
hold the freehold so that every owner has a share of the freehold. The Management Company assesses the cost of maintaining the block
on an annual basis to cover Fire Alarm, Parking and External, Insurance, Accounting and General Maintenance and each leaseholder will contribute an approximate service charge of between £650 and £850 per annum.
Directions
Baynton House was a former freehold GP Surgery in Stourport Road, Kidderminster which was converted into 14 apartments in 2017.
Flat 12 is a modern spacious first floor apartment.
The property comprises of entrance hallway, a large living room with separate kitchen. The bedroom is of good proportion, bathroom comes complete with walk in shower. With the added benefit of allocated off street parking.
Each flat is sold on a 999 year leasehold basis with peppercorn ground rent. Each lessee will join the Management Company which will also
hold the freehold so that every owner has a share of the freehold. The Management Company assesses the cost of maintaining the block
on an annual basis to cover Fire Alarm, Parking and External, Insurance, Accounting and General Maintenance and each leaseholder will contribute an approximate service charge of between £650 and £850 per annum.
Directions
