Exterior

2 bed Flat For Sale £485,000
Royal Quarter, Kingston upon Thames KT2


Description

A two bedroom third floor apartment within a popular modern development being sold as a rental investment opportunity with tenants in place.

A two double bedroom apartment with a balcony within the prestigious Royal Quarter development in the heart of Kingston upon Thames. The apartment is well proportioned, including a double aspect reception room with French windows opening onto a balcony and the adjoining fitted kitchen has a window affording a similar view. The master bedroom is fitted with a range of built in wardrobes and has a large ensuite shower room whilst the second double bedroom is served by a separate family bathroom. The apartment is located on the 3rd floor, is lift served and has the benefit of one underground parking space. New flooring was installed in 2021 and the heating system replaced in 2023. The bathrooms have also been modernised. The development has a 24 hour concierge service for the security and convenience of the residents, a well equipped gym and attractive communal gardens.

The development is located a short walk from the cafes, restaurants and bars on Kingston Riverside and the town centre offers an excellent range of shops including branches of John Lewis and Waitrose, the Bentalls shopping centre plus both a cinema and a theatre. The area is highly regarded for the quality of its schooling, its proximity to green open spaces and the River Thames and for its fast rail and road links with the capital and London's airports.

This property has an excellent rental history and is Let and Managed by Lucie White & Company. It is currently let furnished on an Assured Shorthold Tenancy until 30th September 2024 at £2050 pcm after which it would be available for occupation by the new owner or relet to the current or new tenants.

The property has a very good energy efficiency rating of B and as a rental property it also has the benefit of an Electrical Installation and Condition Report which was completed in August 2020. The property is held on a lease of 999 years from 18/05/2005 with a Annual Service of c.£4,800 (paid in half yearly instalments) and Ground Rent of £250pa. The apartment is rated Council Tax band E within the Royal Borough of Kingston upon Thames (£2765.57 payable for the year 2023-2024).


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