Located in this pleasant apartment complex of low rise apartment buildings is this fully refurbished and well presented first floor studio apartment with its own private secure first floor balcony. The property is available either as an investment purchase with a current tenant in situ paying an annual rent of £8,700, equating to a Gross Yield of 8.7% or it can be sold vacant to make an ideal home. The property has been recently fully refurbished with neutral decoration and flooring throughout and a contemporary fitted kitchen and bathroom. The property sits in a corner position, overlooking communal grounds to the front and side elevations and benefits from a good degree of natural light. Ideally located within close proximity of bus links, the university and Loughborough Hospital as well as close proximity to the Skylink stop. This purpose built studio apartment is an ideal investment purchase or low maintenance home.

Rooms

Entrance Hall
With access via a composite door, staircase rising to the first floor landing.

First Floor Landing
There is a contemporary electric radiator, built-in cupboard which houses the hot and cold water tanks and further storage, doors off to:

Living Area
A beautifully light space benefitting from a dual aspect with seated bay window to the side elevation and fully glazed sliding doors with access onto a first floor external balcony. There is space for living room or dining room furniture and a wide opening through to the bedroom space.

Bedroom Space
With uPVC window to the front elevation and wall mounted electric radiator.

Kitchen
A fully fitted and contemporary kitchen comprising a range of high gloss wall and base units with tiled splashbacks to the walls, tile effect vinyl flooring. Built into the kitchen is an electric oven with four ring induction hob, built-in fridge and freezer and freestanding space for a washing machine, uPVC window to the rear and space for a small table and chairs.

Bathroom
Having been refitted, there is a panelled bath with electric Mira shower over and glass screen, wash hand basin, vanity unit and toilet, modern tiling to the walls and tile effect vinyl floor, obscure glazed window to the rear and chrome towel heater.

Outside
The property has its own first floor private balcony with views to the landscaped communal grounds beyond. Parking is in a car park with one unallocated car parking space. There are also pleasantly landscaped communal grounds that the occupants have enjoyment and use of.

Services & Miscellaneous
We understand the property is leasehold with a lease until 2225. The flat is subject to a quarterly management fee which includes communal and grounds maintenance at £321 per quarter. It is our understanding the property has mains water, electricity and drainage and there is no connection to gas. The property is heated by modern wall mounted electric radiators. The property is currently let on an assured shorthold tenancy at passing rent of £725 per month which is £8,700 per annum with a two months notice period. This represented a Gross Yield of 8.7%.

Extra Information
To check Internet and Mobile Availability please use the following link: checker.ofcom.org.uk/en-gb/broadband-coverage To check Flood Risk please use the following link: check-long-term-flood-risk.service.gov.uk/postcode

Established over 45 years ago in Melton Mowbray by Alastair Benton, who initially set about to provide professional advice to local farmers and landowners. Over the years Bentons has grown to be one of the largest and leading estate agency and professional practices covering the East Midlands. As an independent and multidisciplined firm, we can provide an increasingly rare offering with our ability to advise clients on a diverse range of property related matters. Our offering includes residential sales and lettings, property management, agriculture and farms, commercial sales and lettings and RICS professional valuations. We are fiercely proud to be independent and have our roots established as a family firm with traditional service values, yet at the same time offering market leading advice, practices and cutting-edge marketing. We are very much a people business and we have built our success on our personal one-to-one service, with your interests at the heart of all our advice and recommendations. Our award-winning team is comprised of over 30 professionals and highly experienced agents who really care about providing you with the best advice and ensuring your experience with us is as great as possible. Many of the team have professionally recognised qualifications to give you complete peace of mind.

1 bedroom apartment for sale

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