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Studio
Key information
Property description & features
- Tenure: Leasehold
- Being Sold via Secure Sale online bidding. Terms & Conditions apply.
- Town Centre Apartment
- Tenant in Situ Paying £780pcm
- 35.1 sqm Studio Apartment
- Concierge Service
- Second Floor
- Lift Access
- A Short Walk From Stevenage Train Station
Discover this fantastic investment opportunity in the heart of Stevenage. Presenting a second floor studio apartment in the sought after Skyline House development, just a short stroll from the train station and located within the vibrant town centre.
This contemporary property is a new build and features an open plan living space, complete with a sleek modern kitchen leading to a cozy bedroom through an archway, and a stylish bathroom suite.
Notable highlights include convenient lift access, a dedicated concierge service, and a secure entry phone system.
Investor Highlights:
Buy to Let Gem: Take advantage of this turnkey buy-to-let opportunity, generating potential monthly rental income of up to £950!
Stunning Studio: Spacious studio apartment offers modern living at its finest.
Prime Location: A quick walk to Stevenage Train Station and perfectly positioned in the bustling town centre.
Contemporary Living: Enjoy the comfort of open-plan living and the sleek convenience of a modern kitchen.
Secure and Convenient: Benefit from lift access, a first class concierge service, and a secure entry system.
Ready to Go: This property is beautifully presented throughout, ensuring immediate appeal to tenants.
No Chain: Start reaping rewards right away with this chain free investment.
Skyline House: This iconic development boasts 150 apartments in a landmark building, a former home to HM Land Registry, skilfully transformed into an exclusive apartment complex in 2016. Situated just a 4 minute walk from the train station, it offers swift connections to London Kings Cross (23 minutes) and Central London, making it a dream for commuters. With the A1(M) just around the corner, travel is a breeze.
Location and Lifestyle: Stevenage, nestled 30 miles north of London, offers both New and Old Town charms. A 5 minute walk leads to the Historic High Street, offering an array of shops, eateries, and local amenities. Lister Hospital and excellent schools enhance the area's appeal.
For ultimate convenience, a 24-hour Tesco Extra and a Leisure Complex are nearby, along with Stevenage mainline train station with fast regular trains to London Kings Cross (23 minutes), Cambridge (37 minutes) and Thameslink line service to Central London (Farringdon, City Thameslink, Blackfriars), Gatwick Airport and Brighton. Located between Junctions 7 and 8 of the A1(M).
The M25 is 17 miles away (via the A1(M)), Luton Airport is 15 miles away and Heathrow is 40 miles away. Part of Hertfordshire County, this area is highly favoured among young professionals and families, attributed to its diverse economy where sectors such as aerospace, pharmaceuticals, and technology play a significant role. Renowned companies like Airbus, GlaxoSmithKline, MDBA and IET have established a strong presence in this region.
The Property Comprises: From the secure communal entrance with fob access and video entry phone system, you'll find a well-maintained environment featuring concierge services, lift access, and cycle storage.
The apartment itself showcases a spacious open-plan living and kitchen area, a cosy bedroom space, and a modern bathroom.
Secure Communal Entrance, front door to open plan living room and kitchen, double bedroom, modern bathroom.
Additional Information:
Ground Rent: £175 per annum; next review due 1st January 2025.
Service Charge: £98.28 monthly (covers communal areas, utilities, concierge, insurance, and more).
Water Bill: Approx. £100 annually.
Lease: 125 years from 1st October 2015.
EWS1 Survey: Completed with a "B" rating, compliant for mortgage lending.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 117
Annual Ground Rent Amount: £175.00
Ground Rent Review Period: The next ground rent review is due 1st January 2025
Annual Service Charge Amount: £1,179.00
Service Charge Review Period: £98.28 per month - covers communal areas, utilities, concierge, insurance, and more.
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Property reference 429512. 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 Pattinson - London Auction.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on February 23, 2022
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:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on February 23, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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
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