2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Available to buy as 40% share
- Available to buy as 100% share
- No onward chain
- Views over the town
- Secure access
- Allocated parking
Available to buy either as a 40% shared ownership option, or in full is this centrally located apartment in Alexander House. This apartment offers plenty of space, easy access to the centre of town and the train station, as well as other commuter links. There are no onward chain complications, making the property ideal for first time buyers and investors alike. From the seventh floor windows there are superb views out towards the Wellington statue, as well as over the town from the triple aspect living room.
The communal space in this development is well kept, with a lift to upper floors, secure access and undercover parking. The apartment itself is presented well with a sociable open plan kitchen/ living space with plenty of space for cooking, dining and lounging. The two bedrooms both have plenty of space also with fantastic views. There is a modern bathroom, as well as a large storage cupboard near the entrance.
This leasehold property is for sale with Shared Ownership, subject to status. The advertised price of £72,000 is for a 40% share purchase. The property is also available to buy in full for £180,000 - please ask the team for details. There will be a rental fee for the unpurchased 60% share of approximately £429.61, payable to Accent Housing and subject to review.
A note for investors: when buying in full, this property would rent for £1,300pcm which would result in a gross yield of 8.6%. The property is also already an EPC rating C.
Lease length remaining: 107 years remaining on the lease, due to expire circa 2132.
Annual service charge: £1,892.88 reviewed annually.
EPC rating: C. Tenure: Leasehold,Places of interest
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