2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Superb Investment Opportunity Offering A Current 10.4% Gross Yield (Tenant In situ)
- Chain free!
- No ground rent!
- Popular Residential Location
- Private Balcony Accessible From The Master Bedroom
- Leasehold 125 years
- Bathed In Natural Sunlight Throughout
- 2 Miles Into Bury St. Edmunds Town Centre
- Vaulted Ceilings In Kitchen, Bathroom & Hallway
- Council Tax Band: A
ATTENTION INVESTORS! Located within a popular residential estate in Bury St. Edmunds, this two-bedroom apartment offers a fantastic investment opportunity with a current 10.4% gross yield.
With a twice-weekly market, shopping centre, and numerous events held, it is apparent why the historic town of Bury St Edmunds is becoming ever-popular in which to reside. The vast amount of character the town offers, alongside superb commuting routes into both London and Cambridge via the A14 and M11, is unparalleled.
The town truly provides the perfect balance of peaceful living with country parks holding numerous trails, and the hub and excitement of local and further afield nightlife.
The property is located within 2 miles of the town centre, and 1.4 miles from the train station, perfect for any regular commuters.
Upon arrival, off-street parking can be found at the rear before leading to the communal staircase. Shared access runs along the periphery with each apartment following suit. (All provide private front balcony space.)
The property comprises:
LIVING ROOM: 12'5" x 17'0" (3.79 x 5.18m):
Spacious living space with UPVC double-glazed windows, overlooking the front terrace. Hard flooring. Small cupboard supporting electric metre.
HALLWAY: 10'3" x 2'7" (3.15 x 0.80m:
Housing an airing cupboard and providing access to the kitchen, bathroom, bedroom 1 and bedroom 2. Vaulted ceiling and hard flooring.
KITCHEN: 7'5" x 9'0" (2.26 x 2.74m):
A range of low and eye-level kitchen units, with stainless steel sink and drainer. Electric oven, hob and extractor fan. Space available for fridge/freezer and plumbing available for washing machine. Large shelved cupboard, housing the fuse box. Vaulted ceiling and hard flooring.
BATHROOM: 7'5" x 4'8" (2.28 x 1.44m):
Three-piece family bathroom with wc, basin, shower over bath and heated towel rail. Vaulted ceiling and hard flooring.
BEDROOM 1: 12'10" x 9'0" (3.92 x 2.75m):
Master bedroom with UPVC double-glazed windows and door, providing access to the private rear balcony. Carpet flooring.
BEDROOM 2: 9'8" x 8'1" (2.95 x 2.47m):
Double bedroom with UPVC double-glazed windows. Storage cupboard. Carpet flooring.
EXTERNAL:
To the rear of the property is a second private balcony, accessible via the master bedroom.
The apartment is located above a small 10-shop trading precinct which includes: SPAR, Pharmacy, Furniture Store and eateries.
Electric heating.
Service Charge: £1,500 p.a
EPC Rating - E
NO GROUND RENT!
*Awaiting vendor approval
We endeavour to make sales particulars accurate and reliable. However, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any service, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. Please note that we have not inspected the garage or the loft so we cannot comment on the condition of these.
EPC rating: E. Tenure: Leasehold,Places of interest
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OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on May 24, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 11, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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