House For Sale £75,000
A freehold residential opportunity comprising a mid terraced two bedroomed house, let under an ASSURED TENANCY AGREEMENT, to produce a Gross Rental Income of £4200 per annum exclusive.
The property is occupied by a long term tenant and there are rent review provisions within the Tenancy Agreement.
The property is substantially built with brick elevations under a Welsh slate roof and a bay window. The windows are double glazed whilst there is no central heating.
The accommodation comprises, on the ground floor, entrance lobby, hall, lounge, dining room, kitchen and walk in pantry. First floor galleried landing, two bedrooms, bathroom with WC. There is a front forecourt, recently block paved, a rear yard and garden area, A gate at the rear provides pedestrian access to Manners Road.
The property is situated directly opposite to the Newark and Sherwood District Council offices and close to Castle Gate Railway Station. The castle grounds and Riverside Park are within a few minutes walking distance.
The property provides the following accommodation:
Ground Floor -
Entrance Lobby - With wood panelled front door, entrance hall with stairs, built-in high level cupboard.
Lounge - 3.68m x 3.43m (12'1 x 11'3) - (excluding the bay window)
Tiled fireplace, redundant, condemned gas fire, moulded ceiling cornice.
Dining Room - 4.06m x 3.40m (13'4 x 11'2) - Fireplace with fitted gas fire.
Kitchen - 3.45m x 2.51m (11'4 x 8'3) - Stainless steel sink unit, cupboard under the stairs, rear entrance door. Walk-in pantry with shelving.
First Floor -
Galleried Landing - With built-in high level cupboard.
Bedroom One - 4.57m x 3.73m (15' x 12'3) - Built-in cupboard.
Bedroom Two - 3.99m x 2.59m (13'1 x 8'6) - Hatch to the roof space.
Bathroom - 4.52m x 2.39m (14'10 x 7'10) - Bath, basin, close coupled WC, built-in airing cupboard.
Outside - The property has a front boundary wall and recently block paved forecourt. There is a rear yard with store shed and outside WC. Also a lean-to store with corrugated roof.
Garden Area - Gate to a pedestrian access leading through to Manners Road.
Services - Mains water, electricity, gas and drainage are all connected to the property.
Tenure - The property is freehold, subject to an Assured Tenancy Agreement dated 28th January 2013. The tenant has been made aware of the landlord's intention to sell the property.
This is not an Assured Shorthold Tenancy.
The landlords are responsible for external and structural repairs. The tenant is responsible to keep the inside of the property in good repair to include the glass and decoration. There are provisions for a rent review subject to not less than six months, and not more than nine months, notice. A copy of the Tenancy Agreement will be available from the Selling Agents.
Possession - The property is sold subject to the existing Tenancy Agreement.
Viewing - Strictly by appointment with the selling agents.
Council Tax - The property comes under Newark and Sherwood District Council Tax Band A (payable by the tenant).
The property is occupied by a long term tenant and there are rent review provisions within the Tenancy Agreement.
The property is substantially built with brick elevations under a Welsh slate roof and a bay window. The windows are double glazed whilst there is no central heating.
The accommodation comprises, on the ground floor, entrance lobby, hall, lounge, dining room, kitchen and walk in pantry. First floor galleried landing, two bedrooms, bathroom with WC. There is a front forecourt, recently block paved, a rear yard and garden area, A gate at the rear provides pedestrian access to Manners Road.
The property is situated directly opposite to the Newark and Sherwood District Council offices and close to Castle Gate Railway Station. The castle grounds and Riverside Park are within a few minutes walking distance.
The property provides the following accommodation:
Ground Floor -
Entrance Lobby - With wood panelled front door, entrance hall with stairs, built-in high level cupboard.
Lounge - 3.68m x 3.43m (12'1 x 11'3) - (excluding the bay window)
Tiled fireplace, redundant, condemned gas fire, moulded ceiling cornice.
Dining Room - 4.06m x 3.40m (13'4 x 11'2) - Fireplace with fitted gas fire.
Kitchen - 3.45m x 2.51m (11'4 x 8'3) - Stainless steel sink unit, cupboard under the stairs, rear entrance door. Walk-in pantry with shelving.
First Floor -
Galleried Landing - With built-in high level cupboard.
Bedroom One - 4.57m x 3.73m (15' x 12'3) - Built-in cupboard.
Bedroom Two - 3.99m x 2.59m (13'1 x 8'6) - Hatch to the roof space.
Bathroom - 4.52m x 2.39m (14'10 x 7'10) - Bath, basin, close coupled WC, built-in airing cupboard.
Outside - The property has a front boundary wall and recently block paved forecourt. There is a rear yard with store shed and outside WC. Also a lean-to store with corrugated roof.
Garden Area - Gate to a pedestrian access leading through to Manners Road.
Services - Mains water, electricity, gas and drainage are all connected to the property.
Tenure - The property is freehold, subject to an Assured Tenancy Agreement dated 28th January 2013. The tenant has been made aware of the landlord's intention to sell the property.
This is not an Assured Shorthold Tenancy.
The landlords are responsible for external and structural repairs. The tenant is responsible to keep the inside of the property in good repair to include the glass and decoration. There are provisions for a rent review subject to not less than six months, and not more than nine months, notice. A copy of the Tenancy Agreement will be available from the Selling Agents.
Possession - The property is sold subject to the existing Tenancy Agreement.
Viewing - Strictly by appointment with the selling agents.
Council Tax - The property comes under Newark and Sherwood District Council Tax Band A (payable by the tenant).
