Property description

Located within easy access of the town centre, amenities and transport links is this modern 3rd floor apartment which would be perfect for an investor, with limited maintenance and an ideal property to let. The accommodation comprises of secured communal hall, private entrance hall, kitchen, lounge diner with feature shaped wall, two bedrooms and a bathroom. Outside of the property there is an allocated parking space. The property is currently occupied with a quality tenant on an Assured Shorthold tenancy and currently yield 6.35% based on the asking price.

COMMUNAL HALL
With access via secure intercom access and stairs to the first, second and third floor landing.

THIRD FLOOR LANDING

ENTRANCE PORCH
With solid wood entrance door, door to:

ENTRANCE HALL
With single radiator, intercom phone access, smoke alarm, loft hatch access and built-in storage cupboard.

LOUNGE / DINER - 18' 3'' x 12' 2'' (5.56m x 3.71m) maximum
A particular feature of this apartment, having UPVc double glazed window to the front aspect in the dining area and in the lounge area an hexagonal shaped UPVc double glazed window to the front and side aspect along with two double radiators.

KITCHEN - 8' 10'' x 8' 10'' (2.69m x 2.69m)
With UPVc double glazed window to the front aspect, double radiator, ceramic tiled floor, work surface with inset stainless steel sink and drainer with mixer tap over, inset 4-ring gas hob with integrated extractor over and single electric oven beneath, eye and base level units, space and plumbing for slimline dishwasher, space and plumbing for washing machine, space for fridge freezer, wall mounted gas fired combination boiler.

BEDROOM ONE - 13' 1'' x 8' 9'' (3.98m x 2.66m)
With UPVc double glazed window to the rear aspect, single radiator.

BEDROOM TWO - 9' 3'' x 7' 7'' (2.82m x 2.31m)
With UPVc double glazed window to the rear aspect and single radiator.

BATHROOM - 8' 11'' x 5' 3'' (2.72m x 1.60m)
With UPVc obscure double glazed window to the rear aspect, single radiator, a 3-piece white suite comprising low level w.c., wash handbasin and panelled bath with electric shower over, integrated extractor.

OUTSIDE
There is one allocated parking space and access to the property is through secure front and rear doors to a communal hallway. The property is situated on the third floor.

LEASE & MANAGEMENT DETAILS
We are informed by the vendor that the apartment has the following charges to consider - Management charge - £803 per annum - Ground Rent £150 per annum paid at £75 twice yearly.

INVESTMENT DETAILS
Currently let at £450pcm.£450 x 12 months = £5400 per annum income.£5400 divided by a property purchase price of £84950 = 6.35% annual gross yield.

COUNCIL TAX
The property is in Council Tax Band A.Yearly figures - 2014/2015 - £954.92

Property Features :

• Modern 3rd Floor Apartment
• TWO Bedrooms
• Lounge Diner
• Kitchen & Bathroom
• Ideal Investment

Property Info:

• FLOOR PLAN