1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (977 years remaining)
- Ground floor.
- Full of character
- One bedroom.
- Open plan living room/kitchen
- Bathroom with shower.
- Gas central heating.
- Town Centre location
- Handy location
Entrance - Communal front door, with intercom, opens into the:
Communal Entrance Hall.
Charming Open Plan Living Room/Kitchen - 5.11m overall by 3.49m (max) overall (16'9" overal - Living Area:
with windows to the rear and exposed timbers, central heating radiator,
In the Kitchen area.
There is a run of role edge work surfacing incorporating a single drainer sink with mixer tap and a 4 ring gas hob, base units and electric oven under, and two eyelevel wall cupboards with cooker hood. Integrated washing machine and space for a fridge/freezer. Wall mounted gas fired central heating boiler, and window to the front. Timber door opens to a storage cupboard.
Double Bedroom - 3.26m maximum by 2.31m (10'8" maximum by 7'6") - with exposed ceiling timbers, window and central heating radiator.
Bathroom - The apartment bathroom has a white suite with panelled bath having a shower over, low level WC and wash hand basin. Radiator. Window.
General Information - We understand all mains services are connected.
The property in on a long lease of 999 years, starting 1 Jan 2002
Ground Rent is £100.00 until 2035, rising to £200.00
The Freehold is owned by Hamlin Estates and NOT included in the sale.
A management company has been set up, with £2,000 sinking fund.
Current tenant is in a periodic tenancy agreement, and currently paying £595,00pcm with rent review due.
All four properties have been owned by one investment company, and the landlords have set up a new management company for which the purchasers of this apartment will be granted, a 25% share.
The current service charge is set at £50.00 per month. This is based on the expenditure maintaining the communal areas of the development over the last five years which has averaged less than £50.00 per month, but as the management was done by the owners themselves this doesn’t take into account a managing agent or accountant fees should the new shareholders decide to appoint them, then this will increase accordingly.
We understand all mains services are connected.
The property in on a long lease of 999 years, starting 1 Jan 2002
Ground Rent is £100.00 until 2035, rising to £200.00
A management company has been set up, with £2,000 sinking fund.
All four properties have been owned by one investment company, and the landlords have set up a new management company for which the purchasers of this apartment will be granted, a 25% share.
The current service charge is set at £50.00 per month. This is based on the expenditure maintaining the communal areas of the development over the last five years which has averaged less than £50.00 per month, but as the management was done by the owners themselves this doesn’t take into account a managing agent or accountant fees should the new shareholders decide to appoint them, then this will increase accordingly.
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021
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