Property description
Located just off Springfield Road on the recently completed Taylor Wimpey site 'Isaac Place'. The immaculate first floor apartment was purchased brand new in December 2012 by the current owner and would make an ideal first time buy or investment (projected gross yield of 6.7%). The accommodation comprises of Entrance Hall, Lounge Diner, Kitchen, TWO BEDROOMS and a Bathroom with shower over the bath. The property also features UPVC double glazing and gas fired central heating powered by a combination boiler. Outside there is allocated and numbered parking for one car. Viewing is advised to appreciate the location and condition.
INVESTMENT DETAILS
This apartment would let out for £475pcm.12 x £475 = £5,700 per annum rent achievable £5,700 divided by purchase price of £84,950 = 6.7% gross yield.
CHARGES
Ground Rent £250 per annum.Management Company - Encore - Service Charges £1,091.42 per annum, which includes communal maintenance, gardening, communal electric and buildings insurance. This is payable in advance.The apartment has a 96 year lease remaining.
Accommodation
COMMUNAL HALLWAY
Accessed via secure intercom remote unlock service.
ENTRANCE HALL
With solid wood entrance door, single radiator, smoke alarm, intercom for access into communal hallway, large built-in storage cupboard with shelving.
LOUNGE / DINER - 14' 4'' x 11' 3'' (4.37m x 3.43m)
With UPVc double glazed window to the side aspect, UPVc double glazed French doors to a Juliette balcony with wrought iron rail, single radiator. Open archway to:
KITCHEN - 7' 9'' x 7' 6'' (2.36m x 2.28m)
With UPVc double glazed window to the side aspect, ceramic tiled floor, work surface with inset stainless steel sink and drainer with mixer tap over, high gloss white eye and base level units, inset 4-ring stainless steel gas hob with stainless steel splashbacks, integrated extractor over and stainless steel single electric oven beneath, space and plumbing for washing machine, space for free standing fridge freezer, wall mounted gas fired combination boiler set within cupboard, potential space for slimline dishwasher.
BEDROOM ONE - 17' 4'' maximum x 8' 6'' (5.28m x 2.59m)
With UPVc double glazed window to the front aspect and double radiator.
BEDROOM TWO - 11' 11'' x 6' 0'' (3.63m x 1.83m)
With UPVc double glazed window to the front aspect and single radiator.
BATHROOM - 6' 9'' x 6' 3'' (2.06m x 1.90m)
With double radiator, ceramic tiled floor, a 3-piece white suite comprising low level w.c., wash handbasin and panelled bath with mains fed shower over, tiled splashbacks (fully tiled to the bath area), integrated extractor and shaver socket.
OUTSIDE
To the front there is ALLOCATED PARKING FOR ONE VEHICLE, which is a numbered space.
COUNCIL TAX
The property is in Council Tax Band A.Yearly Figures - 2016/2017- £991.63
AGENT'S NOTE
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract. All services and appliances have not and will not be tested.
Property Features :
- Modern 1st floor Apartment
- Ideal BTL or FTB
- TWO Bedrooms
- Lounge Diner
- Kitchen & Bathroom
Property Info: