This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Ideal first time buy or investment opportunity
- Spacious one bedroom apartment
- Allocated parking space
- Rental yield of 6.5%
- Well presented communal entrance
- Recently installed double glazing
The property is pleasantly situated on the third floor of this development of purpose built apartments, quietly tucked away from passing traffic on the eastern outskirts of the town. The property is within a short walk of the town and also offers a bus stop providing a regular daily service into the town centre (about one mile distant) with its wide range of shopping and recreational facilities, etc. The apartment itself offers spacious accommodation with an entrance hall with security entry phone system, recently installed double glazing throughout, lounge/diner that is open plan through to the kitchen area, a double bedroom and convenient parking space to the rear. The building is accessed via a large communal hall with secure entry phone access and stairs leading to all floors and outside there are communal grounds and parking.
A potential rental income of approximately £625 per calendar month which offers good return yield of 6.5%.
Communal Entrance Hall - Well presented communal entrance hall with entry phone and stairs rising to all floors.
Personal Entrance Hall - The welcoming hallway comprises of doors to all major rooms, shelved cupboard, loft hatch with generous attic space housing the hot water tank.
Bathroom - Comprising of a panelled bath with electric Mira shower over, pedestal wash hand basin, low level WC, tiled splashbacks, extractor fan, wall mounted downflow heater and tiled effect vinyl flooring.
Living Room - This sociable room benefits from a window to the rear elevation with partial countryside views, television and telephone points and archway through to
Kitchen - With a window to the side elevation giving plenty of natural light, the kitchen comprises of a range of base cupboards and drawers with worktop over, inset single drainer sink, spaces for washing machine, fridge and freezer plus freestanding cooker. There is a convenient breakfast bar area as well as a range of matching wall mounted cupboards, extractor fan, tiled splashbacks, tile effect vinyl flooring and door into a useful pantry cupboard.
Bedroom - A good sized double bedroom with window to the rear elevation and television point
Outside - There are communal gardens and communal parking area and this property benefits from one allocated space to the rear.
Leasehold Information - We understand from the seller the property was built in 1992 with a 99 year lease meaning there is now 69 years now remaining. The service charge is calculated at £515.01 half yearly, with £76.96 per annum ground rent approx.
What3words - simple.newly.period
Please Note - VIEWINGS Strictly by appointment with the award winning estate agents, Diamond Estate Agents
If there is any point, which is of particular importance to you with regard to this property then we advise you to contact us to check this and the availability and make an appointment to view before travelling any distance.
PLEASE NOTE Prior to a sale being agreed and solicitors instructed, prospective purchasers will be required to produce identification documents to comply with Money Laundering regulations.
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You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee.
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Broadband availability and predicted speed: obtained from Ofcom on January 18, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 18, 2023
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on July 20, 2009 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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