2 bedroom apartment for sale
Key information
Property description & features
- 2 Double Bedrooms
- 2 Bathrooms
- Open Plan Modern Living Space
- Parking Space Included
- Large Balcony
- Tenants In Situ Paying £1,350pcm
- Annual Rental Income Of £16,200
- Net Yield: 5.25%
Pure Investor are delighted to bring to the market Flat 7, New Town Apartments, a contemporary and stylish first-floor apartment nestled in the heart of Ashford, Kent. Boasting modern design elements and convenient amenities, this new build residence offers comfortable living spaces and a prime location for both urban convenience and tranquil retreat.
Upon entering this inviting apartment, you enter the main hallway taking you to an open-plan living/dining/kitchen area. The sleek kitchen is equipped with high-end appliances, ample storage space, and flows into the main living space making it perfect for both casual dining and entertaining guests. The living room seamlessly flows onto the private balcony, providing a charming outdoor space to unwind and enjoy the fresh air. With room for outdoor furniture, it offers an ideal setting for al fresco dining or simply soaking up the sunshine. The two well-proportioned bedrooms offer comfortable retreats, with the main bedroom featuring a large window that bathe the rooms in sunlight. The master bedroom benefits from an en-suite bathroom, while a second bathroom serves the additional bedroom and guests.
Residents of New Town Apartments enjoy the convenience of allocated parking, ensuring hassle-free access to their vehicles. Additionally, the property benefits from a ground rent of £220 annually and a service charge just over £1,000 annually, providing peace of mind for maintenance and communal areas.
Situated on Newton Road, this apartment is ideally located for accessing the vibrant amenities of Ashford, including shops, restaurants, and leisure facilities. Excellent transport links, including Ashford International Station, are within easy reach, offering swift connections to London and beyond.
Currently achieving £1,350 a month in rental income with the current tenancy ending in May 2024, this property presents an attractive investment opportunity or a comfortable home for those seeking contemporary living in a sought-after location.
Key Features:
* Full Address: Flat 7, New Town Apartments, Newton Road, Ashford, Kent TN24 0WJ
* Asking Price: £285,000.00
* 2 double bedrooms
* 2 bathrooms (en-suite and main bathroom)
* Spacious balcony
* Allocated parking
* Approx. 690 sqft of living space
* Ground rent of £220.00 per annum
* Service charge of just over £1,000.00 per annum
Investment Information:
* Current Tenancy: Due to expire in May 2024
* Current Rental Rate: £1,350pcm
* Annual Rental Rate: £16,200.00
* Net Annual Rental Income: £14,980.00 (letting agents fees not included in this or home insurances)
* Gross Yield: 5.7%
* Net Yield : 5.25%
Places of interest
See more properties like this:
*DISCLAIMER
Property reference PennyPlace. 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 Pure Investor - Pure investor.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
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
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 March 24, 2023 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.