This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Tenure: Leasehold
- Investment Property
- Tenant in Situ
- First Floor Apartment
- One Bedroom
- Modern Fixtures & Fittings
- Highly Regarded Location
- Allocated Parking Space
- Communal Gardens
- Current rental - £550pcm
This first floor apartment is offered to the market at a vastly reduced price to encourage a quick sale. In a beautiful setting within walking distance of Bingley town centre, it offers one double bedroom, sitting room, fitted kitchen, bathroom and inner hallway. It is in good condition but would now benefit from some modernisation. The apartment is bright and airy, with 4 large windows overlooking the pretty ornamental gardens at the rear of the building. It is an ideal opportunity for a buy to let investor, with a sitting tenant (currently until December 2023). The property has been consistently rented since 2007, and the current monthly rental income is £515 pcm. However this apartment would also make a lovely first home, or a down-size option, for someone looking to live in this characterful building. The Mansion is a converted teaching college, and is a striking grade 2 listed building in a highly desirable residential setting off Lady Lane. There is a communal entrance with an inner grand stairwell and lift to all floors. The building benefits from the privacy of its own beautifully landscaped communal grounds, and the apartment comes with a dedicated parking space in a secure, gated car park. The property is leasehold and there is a monthly fee to the management company of around £100 which is for the garden, lifts, building maintenance, electric gates, cleaning of the communal areas and buildings insurance. The owner is open to offers over £80,000.
Entrance Hall
Providing a useful storage cupboard and access to all rooms.
Kitchen
Fitted with range of wall, drawer and base units, laminate worksurfaces incorporating moulded sink and drainer with mixer tap, electric oven and gas hob with extractor over, central heating radiator and vinyl flooring.
Living Room
This bright living room has two build in cupboards, central heating radiator and double glazed window.
Bedroom
Good sized double room with built in wardrobes, central heating radiator and double glazed window.
Bathroom
Fitted with three piece suite comprising bath with shower over, hand wash basin and WC, central heating radiator and vinyl flooring.
External
Communal landscaped gardens, allocated parking space and visitor parking.
Material Information
Council Band: C We are advised that this property is leasehold and there are approximately 950 years remaining on the lease. Uniquely the property owners are all shareholders in ‘The Mansion LTD’ meaning there is far more control over the management of the lease by the actual owners. We are advised by the seller that there is a service charge of £1,500 per annum which covers the following - Gardening Intercom maintenance Gate and wall repairs Accountancy Electric repairs Fire and alarm maintenance Window cleaning Communal cleaning and electricity General maintenance inc lift Window and painting reserve Internal maintenance Property owners insurance (buildings insurance)
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Broadband availability and predicted speed
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Energy Performance data and Internal floor area
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