2 bedroom flat for sale
Key information
Features and description
- Investment opportunity - available to investors only
- Producing , £700 pcm, £8,400 pa
- Established tenant holding over on a periodic basis
- First floor apartment within a block of six
- Two double bedrooms
- Long lease of 999 years from 1981
- Share of the freehold
- Single garage
- Service charge £130 pcm
- Walking distance of amenities & railway station
Rooms
Property Summary
A well positioned two bedroom first floor apartment situated on the fringe of Dinas Powys village common and within easy walking distance of the village square, railway station and local amenities.
The property forms part of a purpose built development with this particular block comprising just six apartments accessed via an internal communal stairwell.
The accommodation includes an entrance hall with storage, a spacious living room enjoying a large picture window with open outlook, a modern fitted kitchen with integrated oven and hob, two double bedrooms both benefitting from built in wardrobes and a bathroom with shower over bath.
The property further benefits from uPVC double glazing and electric heating.
Externally there is a single garage with up and over door together with communal parking and well maintained communal gardens including designated drying areas.
Property Summary cont.
The location is particularly convenient, being a short walk from the village square, railway station and amenities including public houses, coffee shops, delicatessen and sports clubs.
Dinas Powys railway station provides regular services to Cardiff Central with an approximate journey time of 15 minutes.
Available to investors only, the property is currently let at £700 per calendar month equating to £8,400 per annum.
The tenant occupies under an Occupational Contract and is holding over on a periodic basis.
The property is held under a long lease of 999 years from 16 December 1981 with approximately 955 years remaining and the owner holds a share of the freehold.
Service charge is currently £130 per calendar month and covers maintenance of the building, communal areas and buildings insurance.
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