Studio for sale
Property description & features
- Studio apartment
- Lounge and bedroom area
- Separate kitchen and shower room
- To be sold with tenant in situ
- Access to communal gardens and parking
- Currently generating in excess of 5% rental yield per annum
- Single garage
16a Quantock Court, Street, BA16 0NW
A great opportunity to purchase this fine investment property with a Tenant already in situ and rental yields achieved in excess of 5% per annum. Quantock Court is a well arranged studio apartment with a lounge/bedroom area, separate kitchen, separate shower room and access to communal gardens and parking. There is also a single garage included within the sale.The property is currently let and will be sold with a Tenant in situ. Currently the property is generating £345 per calendar month.
About the area
Street is a large village and civil parish in the county of Somerset, having a population of about 11,800 and situated just 2 miles south west of Glastonbury. Most of its history is dominated by that of Glastonbury, and for many years it housed the corporate headquarters and factories of 'Clarks' shoes; these days the head office is still there, along with its very popular museum and, the nationally famous Clarks Village - home to over two hundred discounted retail outlets. Street has an excellent variety of restaurants with the choice of cuisines including: Chinese, Indian, Italian, Thai and more.
There is a wide range of clubs and societies (cultural and sporting) and excellent state & independent schools in the area including primary schools, Millfield, Glastonbury, Wells Blue School, Wells Cathedral School. Bristol, Bath, Taunton and Yeovil are all within commuting distance.Further amenities include a doctors surgery, dentists, hairdressers, leisure facilities and a very popular theatre/cinema to name a few. Castle Cary is the nearest train station with fast links to London.
Viewings must be accompanied by the vendors agents and at least 24 hours notice must be provided to the tenant for access. The rental figure currently achieved is historic and achievable rent could be higher if reviewed. There is a maintenance charge of £70.00 per quarter for the flat and £25.00 per quarter for the garage. The apartments are run by Quantock Court Management Company Ltd and as such are subject to conditions of use. The property is leasehold on a 999 year lease which started on the 24th June 1972. Each leaseholder owns a share of the Quantock Court Flat Owners Company.
Mains drainage, water, and electricity.
Roderick Thomas, their clients and any joint agents state that these details are for general guidance only and accuracy cannot be guaranteed. They do not constitute any part of any contract. All measurements are approximate and floor plans are to give a general indication only and are not measured accurate drawings. No guarantees are given with regard to planning permission or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested. Items shown in photographs are not necessarily included. Purchasers must satisfy themselves on all matters by inspection or otherwise. VIEWINGS - interested parties are advised to check availability and current situation prior to travelling to see any property.
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Property reference 11102927. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Roderick Thomas - Castle Cary.
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