2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (66 years remaining)
- CASH PURCHASE ONLY
- First floor, two bedroom apartment
- Walking distance of Foregate Train Station and City Centre
- Large open plan living / dining and kitchen
- White bathroom suit with shower
- No Onward Chain
- Currenlty rented for £680 with is an 8.5% return
The accommodation briefly comprises of entrance hall, spacious open plan living room / dining room / kitchen, two bedrooms and bathroom. The property benefits from a fitted kitchen with wall and base units as well as integral appliances, a bathroom with white suite comprising low level WC, hand wash basin and panel bath with electric shower over, gas central heating and wood effect laminate flooring.
*IMPORTANT NOTE - If you require a mortgage please check with your financial advisor first before asking to view. The short lease means not all lenders will be available to you *
ACCESS: Communal door leads into courtyard area with external steps up to first floor and entrance door into shared hall. Further doorway to private entrance hall.
ENTRANCE HALL: Wooden front door leads into hallway with laminate floor, radiator, smoke alarm, security entrance phone and doors to all rooms.
OPEN PLAN LIVING:
Lounge/Diner: 21' 8" x 11' 8" Three double glazed windows to front aspect all with wooden Venetian blinds, laminate floor, radiators, electric pebble effect fire, boiler cupboard.
Kitchen Area: 9' 9" x 6' 3" Fully fitted kitchen with beech effect laminate door and drawer fronts, stainless steel sink and drainer with tiled splashback and laminate worksurface. Built in single oven, hob and extractor. Space for fridge, freezer and washing machine.
BEDROOM 1: 13' 8" x 6' 11" Double bedroom with double glazed window to rear and Venetian blind. Laminate floor, radiator.
BEDROOM 2: 11' 7" x 6' 7" Single bedroom with double glazed window to rear with Venetian blind. Laminate floor and radiator.
BATHROOM: White suite comprising of panel bath with electric shower over, wash hand basin and low level WC. Vinyl floor, radiator.
SERVICES: Mains Electricity, Gas, Water and Drainage were laid on to the property and connected at the time of our inspection.
LEASE - 66 years remaining. Can be extended to 109 years for £16,867 plus legal fees.
Ground rent - £160 per year.
Management fees / building insurance /communal lighting - Approx £250 per year.
RENTAL INCOME - This is a tenanted property and currently achieves £680 pcm - 8% yield.
VIEWINGS: By appointment with the agent. Viewing are available in office hours as well as weekends and evenings on Wednesdays and Thursdays.
Council Tax Band: A
Tenure: Leasehold (66 years)
Ground Rent: £160 per year
Service Charge: £250 per year
Places of interest
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Property reference RS0012. 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 Jessava Estates - Worcester.
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Broadband availability and predicted speed: obtained from Ofcom on March 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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 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: obtained on December 10, 2019 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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