2 bedroom apartment for sale
Key information
Features and description
- Tenure: Leasehold
- Video viewing available
- Located in the sought after gated Wellowgate Mews development.
- Upper floor 2 bedroom apartment ideal for investment.
- Currently rented on an AST at £700/month.
- Offers a strong rental yield of 8%.
- Features two bedrooms and an open plan living area.
- Modern kitchen with UPVC double glazing throughout.
- Contemporary design and high end finishes attract tenants.
- Extended lease upon completion; schedule a viewing today.
Situated in the popular gated development of Wellowgate Mews, this upper floor 2-bedroom apartment is a fantastic investment opportunity. Currently leased on an Assured Shorthold Tenancy (AST) agreement at £700 per month, this property offers an impressive rental yield of 8%. The apartment features two bedrooms, an open-plan living area with a modern kitchen, and benefits from UPVC double glazing throughout. The contemporary design and luxurious finishes make it an attractive rental prospect for tenants. With its convenient location and strong rental return, this property presents a compelling investment opportunity for discerning buyers. Don't miss out on this chance to enhance your investment portfolio. Contact us now to secure a viewing of this exceptional property in Wellowgate Mews. Extended lease upon completion.
Rooms
Ground Floor
Entrance Hall
With stairs to second floor.
Second Floor
Communal Landing
Living Room/Kitchen 5.81m x 5.46m
An open plan living/kitchen area having recessed spotlights to ceiling and fitted with a very smart range of kitchen units with integrated appliances. Radiator. Laminate flooring and uPVC double glazed windows.
Bedroom 1 4.69m x 2.86m
With fitted wardrobes. Laminate flooring. Recessed spotlights. Radiator and uPVC double glazed window unit.
Bedroom 2 3.23m x 2.77m
With laminate flooring. Recessed spotlights. Radiator and uPVC double glazed window unit.
Shower Room
Tiled floor and having shower cubicle with glazed door and shower, hand basin set in vanity unit and a low-flush w.c. Recessed spotlights to ceiling. Heated towel rail.
Car Parking
The property stands in a gated car park with a garage to the rear.
Outbuildings
Garage.
Tenure
The property will have the benefit of an extended lease upon completion. The current lease is for a term of 99 years from 14th August 2002 with a ground rent of £50 per annum. On completion there will be a new lease for a term of 189 years from 14th August 2002 at a peppercorn/nil ground rent.
Broadband & Mobile Phone Coverage
Please use the following link to check the mobile phone and broadband coverage for this property.
Council Tax Band B
This information was obtained on the 15th November 2024 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.
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