2 bed Flat For Sale £225,000
14 The Elms is a large ground floor apartment within a convenient location that is in close proximity to Ramsey Town Centre and all of its amenities. The development is in an ideal location and attract investors and owner occupiers alike.
The spacious accommodation comprises a large lounge diner with double doors to the private south facing patio area that overlooks the communal gardens. There are two double bedrooms both of generous proportions, one bedroom has an ensuite shower room and walk in wardrobe. The family bathroom is finished in a modern style and has a large walk in shower cubicle. A modern kitchen is situated in the middle of the apartment and a utility cupboard is also situated in the hall.
The communal gardens are well maintained and wrap around the building to the private car park which offers allocated car parking for the residents.
The well maintained development benefits from an active management company, with the residue of a 999 year lease and all owners also own a share of the freehold.
Offered with a tenant in situ paying £950 per calendar month until April 2024 producing a gross yield of approximately 5%
There is no onward cahin with this property making for an easy sales transaction.
Inclusions Fitted floor coverings, blinds, curtains and light fittings
Appliances All fitted appliances
Tenure Leasehold with the residue of a 999 year lease
Service Charge Approximately £1000 per annum
Rates Payable Treasury - 685661
Heating Gas
Glazing uPVC double glazing throughout
