This property is no longer on the market
Studio
Key information
Property description & features
- Tenure: Leasehold
- Just £25 per annum ground rent and no maintenance charges making this a great option for those with limited funds beyond the mortgage payments
- Ideal stepping stone property for first time buyers looking to get on the ladder, mortgage payments are likely to be less than the rental cost of such a property
- Independent entrance with its own front door giving a greater level of privacy and less noise which is often associated with communal areas
- Investment buyers will be interested to know that we would expect the property to achieve a rental income circa £500pm
- Offered chain free so there should be no lengthy hold ups with getting the sale through and you all settled in
- Locality to the amenities is great here, just 15 minutes on foot to the Locks Heath Centre where Costa, Waitrose, and the pharmacy will help cater for your day to day needs
The accommodation is all on the first floor with just the stairs leading up from the front door on the ground floor. The living area is open plan, currently arranged with the sleeping area at the top of the stairs and living area between there and the kitchen. The kitchen is fitted with a selection of wall and base units with an electric hob inset to the worktop and space for a fridge/freezer. There's a counter top oven here which will be remaining and plenty of scope to reconfigure the kitchen to make space for a full size oven if required. The inner hall doubles as a utility area and acts as a separation between the living and shower room, offering some handy storage in the form of built in cupboards and there's plumbing for the washing machine too. The shower room with an electric heater in has a shower cubicle with electric shower, low level WC and pedestal wash hand basin, also a cupboard housing the immersion heater and water tanks.
Outside there's a communal garden surrounding the block with each of the owners maintaining the garden in front of their own door and an allocated parking space in the carpark to the side of the building will mean you won't have a problem parking when you get home. Our vendor here is offering the property chain free so nothing to hold you up getting in, call us today and we'll get you booked in to view.
Other information:
Lease 999 years from 1986. Ground rent £25 per annum and buildings insurance circa £195 per annum. There is no monthly maintenance charge, however the lease does state that there is a proportional contribution to any works required for the upkeep of the building. No central heating although we are advised the flat has access to a gas supply.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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