This property is no longer on the market
Studio
Key information
Property description & features
- Tenure: Leasehold
- For sale by online auction
- Well Presented Throughout
- Larger Than Average Studio Apartment
- 98 Year Lease
- Low Service Charge £38 PCM
- Potential Rental Income Of £750 PCM
- Guide Price £110,000 £125,000
The property is in very good decorative order throughout and has been previously let out for £725PCM with the current rental figures in the region of £750PCM..
There is a very good size lounge with plenty of room for a large sofa and a double bed, an immaculate kitchen only three years old, and a good size bathroom making this the perfect starter home or a fantastic investment with a 5-6% yield.
The flat has a 98-year lease with the ground rent only £10 per year and the service charge £38 per month. Off-street parking is widely available and the communal gardens are very well maintained.
Locally you have a very good primary school, walking distance to the town centre with its array of shops including John Lewis and Waitrose and only 5 minutes by bus with an excellent bus service. There are also some good local shops which include the Co-Op, Simmons bakery, and a pharmacy.
There are lots of green spaces nearby including playing fields and Stanborough lakes.
Early viewing advisable as this won't be around for long and remember NO STAMP DUTY
Entrance Hall - 2.5m x 1.13m (8'2" x 3'8") - Laminate flooring, security phone entry, all electrics in the flat recently done, gas combi boiler recently serviced last month
Living Area - 5.7m x 3.1m (18'8" x 10'2") - Double aspect windows to the front and side and all double glazed, carpet, plastered ceilings with doors to the kitchen and entrance hall
Kitchen - 2.7m x 2.1m (8'10" x 6'10") - Laminate floor, washer dryer, fridge freezer, hob and cooker, window to the side of the property.
Bathroom - 2.4m x 2.34m (7'10" x 7'8") - Lino flooring, bath, toilet, mirror, sink with built-in storage, glass cabinet.
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