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Investment
£65,000

(£224/sq. ft)

1 bed flat for sale Westgate, Louth LN11

1 bed
1 bath
1 reception
290 sq. ft

Property location

  • King Edward VI Grammar School0.1 miles
  • Louth Kidgate Primary Academy0.4 miles
  • Humberside Airport20.1 miles

Features and description

  • Renovated one bedroom first floor apartment
  • Located in the desirable Georgian Westgate area
  • Newly fitted kitchen, bathroom and floorings
  • Investment opportunity: Currently let on AST at £425 pcm
  • Just a few minutes walk to town
  • Ideal first buy or buy to let
  • Smart communal areas
  • Shared Courtyard and private shed
  • No chain
Attention investors! Currently achieving £425 pcm on an AST A very rare chance to acquire a first floor one bedroom flat on the very desirable Westgate, Louth, just a few minutes' walk into the centre of Louth market town and having views of St. James' church spire. The property has been completely renovated to a high standard having a newly fitted kitchen and bathroom with redecoration and new floorings and benefitting from an outside secure store and shared courtyard.

The property briefly comprises kitchen, lounge opening into hallway with access into bathroom, leading through to the double bedroom to the rear. Perfect as a first time buy or investment. Early viewing is recommended due to the highly desirable location and proximity to Louth town centre.

The Property The property is leasehold and accessed via an entrance door off Westgate into a communal hallway and staircase which has recently been refurbished to a good standard where lighting is provided. Located within a Georgian Period property and having views to the side looking towards Louth town centre and the spire of St. James church and overlooking the rear courtyard area, set within the conservation area. Heating is provided by newly fitted storage heaters.

Accommodation (Approximate room dimensions are shown on the floor plans which are indicative of the room layout and not to specific scale)

Kitchen Timber front entrance door gives access to the kitchen, having a range of wall and base units finished in gloss white with stone-effect, roll-top laminated work surfaces and having single bowl stainless steel sink mono mixer tap, space for fridge or washing machine and space for electric cooker with fitted stainless steel Bosch extractor above. Attractive grey tiled splashbacks above all work surfaces and neutrally decorated walls with wood plank-effect vinyl floor covering and housing the recently installed electric consumer unit, large sash window to one side with step up into:

Lounge A bright and airy lounge having a large original sash bay window. Neutrally decorated with grey carpeted floorings, newly installed electric storage heater.

Hallway Small hallway having loft access hatch with newly fitted grey carpet and neutral decoration with opening into:

Bedroom A good size double bedroom having neutral decoration and newly fitted grey carpet, large sash window to the side overlooking the courtyard, electric storage heater.

Bathroom Newly fitted bathroom suite consisting of a low-level WC, wash hand basin and panelled bath with Tritton electric shower over, fully tiled walls in an attractive neutral stone and having inset spotlight to ceiling with attractive wood plank-effect vinyl floor covering. Airing cupboard to the corner housing the hot water cylinder and immersion heater with laundry storage shelving above with timer controls. Large sash window to the side and extractor fan to the ceiling.

Outside A good size shared courtyard accessed via a separate alleyway from Westgate with space for bin storage, outside tap and also having a private and secure outside store providing useful storage with the possibility of installation of electrics and water to allow white goods such as washing machine to be located here.

Lease We are advised by the vendor that the property is leasehold, currently on a 59 year term with a £50 per annum maintenance fee. The vendors have advised us they have written confirmation from the freeholder to extend the lease to 125 year term for an agreed amount, to be arranged and negotiated by the new buyer.

Viewing Strictly by prior appointment through the selling agent.

General Information The particulars of this property are intended to give a fair and substantially correct overall description for the guidance of intending purchasers. No responsibility is to be assumed for individual items. No appliances have been tested. Fixtures, fittings, carpets and curtains are excluded unless otherwise stated. Plans/Maps are not to specific scale, are based on information supplied and subject to verification by a solicitor at sale stage. We are advised that the property is connected to mains water, electricity and drainage but no utility searches have been carried out to confirm at this stage. The property is in Council Tax band A.

1 floor plan available

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Property descriptions and related information displayed on this page are marketing materials provided by - Masons Sales & Lettings. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Masons Sales & Lettings for full details and further information.