This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- IDEAL FOR INVESTMENT
- A charming and well-presented first floor flat
- Village Location
- Currently tenanted at £725 PCM
- 5% Yield
- Allocated Parking
- Leasehold with 25% share of the Freehold
- Open plan layout
- En-suite bathroom
The property is a charming and well-presented first floor flat, forming part of a period property, believed to be a former Coach House to the Rose and Crown Pub. An open plan sitting room/kitchen area, with a double bedroom and en-suite bathroom, all converted around 12 years ago, presenting attractive brick and tile hung external elevations beneath a tiled roof and benefits from having an off road parking space and a brand new central heating boiler.
The property is considered perfect for investment, as the property is current Let at £725 Per Calendar Month, with the tenants having been in residence for seven years. At the asking price, this would provide a yield of 5%.
The property is leasehold, and is also sold with a 25% share of the freehold. There is the remainder of a 999 year lease from 20th June 2008, with a 25% share of maintenance costs.
One enters via the shared front door to the stairwell, and the private front door to the sitting room. The sitting room is a lovely room, open to the kitchen in a recess, enjoying windows to front and rear.
The kitchen comprises a range of cream, gloss fronted cupboards and drawers, beneath Corian effect worktops, with inset sink and drainer, integrated cooker with extractor above and oven/grill below, washing machine and a free-standing fridge/freezer and a window to the rear.
The bedroom is at the front of the flat, with two windows and a door to a cupboard, plus a further door to the en-suite bathroom, comprising a panelled bath with shower over, WC and basin, tiled floor, part-tiled walls and window to rear.
Outside, there is no garden, but there is an allocated parking space by the Rose and Crown Pub.The house is situated just behind the Rose and Crown Pub, approximately 0.25 miles from the 16th Century beauty of Mayfield High Street.
Facilities in the village include a small supermarket, post office, butcher, baker, pharmacy, florist and deli as well as GP surgery, dentist and hairdressers. There are also a couple of cafes and Period Inns, including the renowned Middle House Hotel and the nearby pub, The Rose and Crown.
There are pretty churches of various denominations, a flourishing primary school and the well-regarded Mayfield School secondary school. For more comprehensive facilities Tunbridge Wells in 9 miles to the north.
Railway stations can be found at Wadhurst (5 miles), Crowborough (6 miles), and Tunbridge Wells. These provide a fast and regular service to London Charing Cross, London Bridge and Canon Street. There is a regular bus service to Tunbridge Wells and Eastbourne.
The area provides an excellent selection of both state and private schools. Nearby leisure facilities include tennis, bowls, numerous golf clubs, outdoor activities at Bedgebury, sailing on Bewl Water and at the coast. The area is criss-crossed with many beautiful walks through the Area of Outstanding Natural Beauty.
All mains services connected. Council Tax Band: B
Council Tax Band: B
Tenure: Share of freehold
Ground Rent: £0.00 per year
Service Charge: £0.00 per year
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Broadband availability and predicted speed: obtained from Ofcom on March 7, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 7, 2022
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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
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Energy Performance data and Internal floor area: obtained on March 10, 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.
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