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£200,000

Property Features

  • Investment Buyers Only
  • Tenants in Situ
  • Three self contained 1 bedroomed flats
  • Enclosed Communal Yard
  • Combined Monthly Income of £1500

Main Description

Accommodation Flat 1 -

Flat 1 Hall
Part obscured glazed door to entrance hall. Storage. Access to cellar which houses water meters for some of the other flats.

Flat 1 Shower (0.94m x 3.45m (3'01" x 11'04"))
Shower cubicle with glazed screen low flush WC and wash hand basin. Extractor fan.

Flat 1 Kitchen (3.56m x 3.10m (11'08" x 10'02"))
Wall and base units with sink and drainer. Four ring hob with extractor over and oven below. Plumbing for washing machine and space for appliance. Storage heater and splash back tiling to wall. Window.

Flat 1 Lounge (4.70m x 4.17m (15'05" x 13'08"))
Electric fire. Two windows.

Flat 1 Bedroom (3.66m x 3.40m (12'0" x 11'02"))
Storage heater. Window.

Accommodation Flat 4 -

Flat 4 Lounge (4.11m x 3.56m (13'06" x 11'08"))
Hardwood door to the open plan lounge. Window to front. Electric wall heater.

Flat 4 Kitchen Area (1.78m x 0.99m (5'10" x 3'03"))
Wall and base units and stainless steel sink unit . Electric oven and hob with extractor over. Splash back tiling to wall. Appliance space.

Flat 4 Shower Room (1.65m x 1.50m (5'05" x 4'11"))
Double glazed window to the side. Shower cubicle, low flush WC and pedestal wash hand basin. Splash back tiling to walls.

Flat 4 Bedroom (3.58m x 3.56m (11'09" x 11'08"))
Double glazed window to the front. Electric wall heater.

Accommodation Flat 5 -

Flat 5 Open Plan Lounge/Kitchen (4.17m x 3.81m (13'08" x 12'06"))
Fitted with a range of wall and base units with stainless steel sink unit, electric hob and oven with extractor over. Plumbing for washing machine and appliance space. Splash back tiling to walls.

Flat 5 Bedroom (3.20m x 3.00m (10'06" x 9'10"))
Double glazed window to front. Electric wall heater.

Flat 5 Shower Room (1.57m x 1.70m (5'02" x 5'07"))
Shower cubicle, low flush WC and pedestal wash hand basin. Splash back tiling to walls.

Outside
Enclosed communal Yard.

Local Authority
Newark and Sherwood District Council, Castle House, Great North Road, Newark, NG24 1BY

Services
Electricity is connected to the property. Mains drainage. We have not tested any apparatus, equipment, fittings or services and so cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor.

Tenure
Leasehold. 999 year lease from 1st July 2012. Peppercorn ground rent. Service charge payable every 6 months - last payment November 2023 £145.84. Each flat currently achieves £500 pcm.

Viewing Information
By appointment with the office, call 01636 813971.

Viewing

Please contact us on if you wish to arrange a viewing appointment for this property, or require further information.

Disclaimer

Alasdair Morrison & Partners endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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