Ideal for Investor. This third floor two bedroom apartment located in BD1, situated ideally close to local Amenities, shops, catchment area for schooling and main commuter routes in and out of the city centre. The property briefly comprises: Entrance hall, open lounge to kitchen, two bedrooms and a bathroom. Viewings by Appointment Only. Please note all services & appliances have not been tested.
Council Tax Band B Leasehold Information: Service Charge Year 1st April 2019 to 31st March 2020 Service Charge: £759.60 Per Annum. Buildings Insurance: £91.11 Reserve fund £200 pa (Note; This is specified in the lease at £200, however it has been reduced to £100 for the last 4 years as the reserve fund is considered healthy) The Apartments are sold subject to a 125 year lease granted on 1st January 2007. The Ground Rent is £180.00 pa per Apartment, payable on the 1st January each year. The Rent reviews are every 25 years, the 1st of which is the 31st December 2032. The Ground revised rent will double every 25, years i.e. £360.00 from 2032 - 2057
Open Plan Kitchen / Lounge (4.38 x 4.153 (14'4" x 13'7"))
Kitchen area offers a one and a half bowl stainless steel sink and drainer unit with mixer tap, a range of white wood effect wall and base units with complementary work surfaces over and tiling to the splash back areas. There is an integrated brush steel oven hob and canopy with a fridge and a washer drier. There is also a concealed boiler cupboard available.
Bedroom One (4.259 x 4.882 (13'11" x 16'0"))
With double glazed window and electric panelled heater
Bedroom Two (4.27 x 3.011 (14'0" x 9'10"))
Internal Bedroom offering an electric panel heater and extractor
Offering a white three piece suite comprising of wash hand basin, low level WC and a panelled bath with mixer tap and separate chrome shower mixer over with complimentary tiling to the splash back areas and a glass shower screen. Benefiting from light wood effect laminate flooring, a heated towel rail, spotlighting and an extractor.
Laminate flooring, electric panel heater and intercom.
The property is subject to a lease for 125 years commencing 1st January 2007. The ground rent is £180 per annum. Rent reviews are every 25 years (next review 31st December 2032) which time the new rent shall be twice the rent payable on the day prior to the rent review date. It is specified in the lease that there is £200 payable per annum to the reserved fund on the 1st January o each year. That having been said it was agreed with the directors and the management that this amount be reduced in 2016/2017 to £100 as the reserve fund maintains a healthy balance. Insurance premium is paid separately on the 1st April each year and in 2016 the insurance premium due was £70.98 per annum. Service charges: The service charge year runs from the 1st April - 31st March and 2016/2017 service charge payable was £78.07 per month which is £936.84 per annum.
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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.