A great protential investment on this first floor self contained studio apartment, which is located within walking distance of Bourne Town Centre with its wide range of shopping facilities.
The studio comprises of; entrance hall, lounge/bedroom, kitchen and bathroom with an added bonus of allocated parking.
The property will make a great first time buy or investment with a potential monthly rent of £410pcm with a yield of 8.2%
Booking a viewings is a must to appreciate this property.
The vendor informs us that the years remaining on the lease are 70 years
Service charge is approximately - £60 per month
Ground rent is approximately - £100 per annum
Bourne has two excellent primary schools and secondary education in the town, provided by the renowned Bourne Grammar School and Bourne Academy. Additional state and independent schooling can be found in Peterborough and in nearby market towns such as Stamford, Market Deeping and Spalding.
Recreational amenities in the area include several golf courses, the ancient Bourne Woods close by and Rutland Water between Stamford and Oakham for fishing, sailing and other pursuits.
A regular bus service operates from Bourne to Stamford, Peterborough and Spalding. High speed trains from Peterborough (approximately 15 miles away) to London Kings Cross take approximately 45 minutes; ideal for the commuter. The A1 road is only 10 miles away.
Main door access to the communal hall and stairs leading to 1st Floor, you need to go through a second internal door before having access to the flat front door.
Enter via the solid wooden fire door in to the hallway, doors to:-
15' x 12'
The living bedroom area benefits from a built in storage cupboard, TV Point, Telephone point, plug sockets, storage heater and window to the rear aspect, opening to:-
9' x 6'
The kitchen is fully fitted with a range of wall and base units, with work surfaces over and stainless steel sink with mixer taps over, under the work surface there is plumbing for a washing machine and space for electric oven and fridge, window to the rear aspect, airing cupboard.
Fitted with a three piece bathroom suite comprising of low level W/C, hand basin, bath with tiled surround.
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Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.