1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (91 years remaining)
- 4th Floor Apartment In Mill Conversion
- Currently Let & Obtaining £350 PCM Representing a 7% Return On Asking Price
- Communal Hall, Telecom Entry, Lift & Landing
- Private Landing, Living Room, Kitchen, Bedroom & Bathroom
- Electric Heating
- Off-Road Parking
- A Good Opportunity
ATTENTION ALL LANDLORDS - This is a fantastic opportunity. This is a pleasant fourth floor flat located in this popular converted mill, close to the town centre and local amenities.
Benefitting from electric heating and off-road parking it comprises communal entrance hall with telecom entry, lift, communal landing, private entrance hall, living room open plan to kitchen area, bathroom and bedroom.
Currently let on an Assured Shorthold Tenancy at £350 per calendar month equating to a yield of 7% based on the asking price, however, vacant possession can be available if required.
A GOOD OPPORTUNITY - NOT TO BE MISSED!
Rooms
Ground Floor
Entrance Hall
With intercom entry. Communal hall, lift and landing.
Fourth Floor
Private Landing
Living Room 3.16m x 2.92m
With double glazed window. Electric heater. Open to kitchen.
Kitchen 2.74m x 1.89m
Fitted with a range of units with cathedral style doors under contour edged work surfacing and incorporating a one-and-a-half bowl sink and drainer unit with mixer tap. Having hob, oven and extractor canopy. Splash back tiling.
Bedroom 4.4m x 2.19m
Having electric heater and double glazed window.
Bathroom 2.23m x 1.77m
Comprising bath, w.c. and wash hand basin. "Red Ring" shower over bath. Electric heater. Splash back tiling.
Outside
There is off street parking.
Service Charge
We understand there is a service charge payable of £1020 per annum which is managed by Victoria Mills Management Limited. All interested parties are advised to make their own enquiries.
Tenure
Leasehold - For a term of 125 years from 1st January 1991 with a ground rent of £25 per annum. All interested parties are advised to make their own enquiries.
Council Tax Band A
This information was obtained on the 26th October 2023 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See
Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Mortgage Advice
We are pleased to be able to introduce Toni Cressey Mortgage Advisers who we recommend for Independent Mortgage Advice for any of our clients looking to purchase their first home, new home or investment property.
They have a team of advisers that are able to help and advise you on the most suitable mortgages available for you taking into account your own particular needs and circumstances. They will help and guide you through the whole mortgage and home buying process, ensuring best advice is given at all times. Buying a new home is one of the most important financial decisions you will make so it is vital that you get the help and advice you need at the earliest opportunity.
No fee is charged for this independent mortgage advice, which is provided under no obligation. There may however be a fee payable should you proceed with a mortgage application. The actual amount you pay will depend upon your own circumstances and requirements and typically our application fee will (truncated)
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference GRS231500. 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 Jackson Green & Preston - Grimsby.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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 December 21, 2021
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: obtained on October 16, 2018 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.