Studio for sale
Key information
Features and description
- Tenure: Leasehold (56 years remaining)
- No vendor chain
- Fantastic buy to let investor opportunity
- Suitable for first time buyer or elderly couple
- Re wired, re plastered and re fitted during our clients' ownership
- No service charges
- Ground rent £20 per annum
- Well placed for town centre and commuting via m1
Cash buyers only please
New to the market having been in our clients' ownership for the last 16 years, and tenanted throughout this time, this fully renovated studio apartment proves to be a fantastic investment opportunity and also suitable for a First Time Buyer or elderly couple. The apartment has been fully re-wired and re-plastered during our clients' ownership, with a new bathroom suite and electric shower having been fitted, there is also a granite worktop to the kitchen, and laminate flooring throughout. The apartment benefits from having no service charges, and a ground rent charge of only £20 per annum. There are 56 years remaining on the current lease, the lease can be extended by the prospective buyer after completion if so desired.
GROUND FLOOR
OPEN PLAN LIVING/DINING/BEDROOM - 4.93m x 4.42m (16'2" x 14'6") (maximum)
A bright and airy open plan living/dining/bedroom space giving access to the kitchen, and utility area and bathroom. This room is surprisingly well proportioned allowing a generous amount of space in order to lay out living/dining furniture and bedroom furniture however may be preferred. There is a porch area and window to the front of the room, whilst the bedroom area benefits from a large storage cupboard, and electric storage heater.
KITCHEN - 2.9m x 1.65m (9'6" x 5'5")
The kitchen has windows to both the front and side elevations and benefits from plenty of worktop and cupboard space. The kitchen enjoys the upgrade of granite worktops, and has a one and a half bowl sink with mixer tap, free standing electric cooker, and extractor fan.
UTILITY AREA - 1.93m x 1.22m (6'4" x 4'0")
The utility area provides further storage and cupboard space, and has plumbing for the washing machine. The fridge is also currently housed here.
BATHROOM - 1.98m x 1.65m (6'6" x 5'5")
Having been re-fitted during our clients' ownership, the bathroom comprises of: bath with electric Mira shower, WC, and basin with cupboards under. There is tiling to the walls, a side facing window with obscure glass, and an extractor fan.
OUTSIDE
The apartment enjoys use of the communal lawn area to the side of the property. Parking is on street.
SERVICES
The apartment enjoys mains electricity, water and drainage. The property is heated by way of an electric storage heater.
TENURE
The property is leasehold with 56 years remaining. There are no service charges, the ground rent payable is £20 per annum.