![Aerial](https://media.onthemarket.com/properties/13955956/1494380691/image-0-1024x1024.jpg)
![Living Room](https://media.onthemarket.com/properties/13955956/1494380691/image-1-1024x1024.jpg)
![Kitchen](https://media.onthemarket.com/properties/13955956/1494380691/image-2-1024x1024.jpg)
1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (91 years remaining)
- 4th Floor Apartment In Mill Conversion
- Currently Let & Obtaining £350 PCM Representing a 8.9% Return On Asking Price
- Communal Hall, Telecom Entry, Lift & Landing
- Private Landing, Living Room, Kitchen, Bedroom & Bathroom
- Electric Heating
- Off Road Parking
- A Good Opportunity
ATTENTION ALL LANDLORDS - This is a fantastic opportunity. This is a pleasant fourth floor flat located in this popular converted mill, close to the town centre and local amenities.
Benefitting from electric heating and off-road parking it comprises communal entrance hall with telecom entry, lift, communal landing, private entrance hall, living room open plan to kitchen area, bathroom and bedroom.
Currently let on an Assured Shorthold Tenancy at £350 per calendar month equating to a yield of 8.9% based on the asking price, however, vacant possession can be available if required.
A GOOD OPPORTUNITY - NOT TO BE MISSED!
Rooms
Ground Floor
Entrance Hall
With intercom entry. Communal hall, lift and landing.
Fourth Floor
Private Landing
Living Room 3.16m x 2.92m
With double glazed window. Electric heater. Open to kitchen.
Kitchen 2.74m x 1.89m
Fitted with a range of units with cathedral style doors under contour edged work surfacing and incorporating a one-and-a-half bowl sink and drainer unit with mixer tap. Having hob, oven and extractor canopy. Splash back tiling.
Bedroom 4.4m x 2.19m
Having electric heater and double glazed window.
Bathroom 2.23m x 1.77m
Comprising bath, w.c. and wash hand basin. "Red Ring" shower over bath. Electric heater. Splash back tiling.
Outside
There is off street parking.
Service Charge
We understand there is a service charge payable of £1020 per annum which is managed by Victoria Mills Management Limited. All interested parties are advised to make their own enquiries.
Tenure
Leasehold - For a term of 125 years from 1st January 1991 with a ground rent of £25 per annum. All interested parties are advised to make their own enquiries.
Council Tax Band A
This information was obtained on the 26th October 2023 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See
Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Mortgage Advice
We are pleased to be able to introduce Toni Cressey Mortgage Advisers who we recommend for Independent Mortgage Advice for any of our clients looking to purchase their first home, new home or investment property.
They have a team of advisers that are able to help and advise you on the most suitable mortgages available for you taking into account your own particular needs and circumstances. They will help and guide you through the whole mortgage and home buying process, ensuring best advice is given at all times. Buying a new home is one of the most important financial decisions you will make so it is vital that you get the help and advice you need at the earliest opportunity.
No fee is charged for this independent mortgage advice, which is provided under no obligation. There may however be a fee payable should you proceed with a mortgage application. The actual amount you pay will depend upon your own circumstances and requirements and typically our application fee will (truncated)
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021
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