Description
A well-presented one-bedroom ground floor flat situated within a quiet cul-de-sac location in the popular area of Kingsthorpe, offered with vacant possession and no onward chain. An ideal opportunity for first-time buyers, downsizers or investors seeking a well-located property with value-add potential. Estimated rental income is £9,600 per annum representing 12.8% gross yield at the guide price.
Extending to approximately 450 sq ft of internal accommodation, the property features an open-plan living/kitchen area, hallway, double bedroom and bathroom. The property also has communal parking at the front. The flat has undergone light refurbishment in recent years, with scope for further cosmetic internal improvement & redecoration. Conveniently positioned just off Harborough Road, the property benefits from easy access to a range of local shops, cafés and amenities, whilst backing onto Green Oaks Primary School.
ACCOMMODATION
ENTRANCE HALL Entered via a private door at the side of the building
KITCHEN & LIVING AREA Kitchen comprising of range of wall and base mounted units, roll top surface over, one & half sink and drainer, electric oven with electric hob and extractor over, washing machine partially tiled splashback. Windows to rear & side elevations with blinds, carpet flooring & electric radiators
BATHROOM Bathtub with electric shower over, WC, wash basin & window to front elevation
HALLWAY Open hallway space for additional storage
BEDROOM UPVC window at front elevation, carpet flooring & electric radiator
SERVICE CHARGE & GROUND RENT Service charge & ground rent is £89 per month (£1,068 per year)
LEASE INFORMATION 99 Years Lease from 2003 - 76 Years Remaining
Tenure: Leasehold
Lease Details: 76 years
EPC Rating: 42
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
The purchaser will be required to pay a buyers premium charge of £2400 (£2000 plus vat)
Administration Charge
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 01908 030127 for more information
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