£215,000
(£396/sq. ft)
2 bed flat for saleConstable Court, Millfield Avenue, York YO10
2 beds
1 bath
1 reception
543 sq. ft
EPC Rating: C
- Leasehold
Linley & Simpson - York
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About this property
Ground Floor Apartment
Two Bedrooms
Superb Investment Opportunity
Well-Proportioned Lounge
Separate Fitted Kitchen
Three Piece Bathroom
Allocated Parking Space
Excellent Location
Offered as a superb investment opportunity, already let out and with tenants in place, this two bedroom ground floor apartment is perfectly placed to access both York University and the city centre.
Rented out as a furnished student property, the apartment currently achieves £170 per person per week, with a yield of 8.2% and a total income for the year of £17,680. This figure would be slightly lower when a crossover period for tenants is included, for further details please contact the office.
The property has many additional amenities close by on Hull Road and also a simple route heading out towards the A64.
The apartment is accessed via its own private entrance on the ground floor and the internal accommodation begins with a well-proportioned hallway. The main living space is a lounge to the front of the building and this room leads into a fitted kitchen with a range of wall and base units and a built-in oven and hob. The apartment then continues with a generous main bedroom and a good size second bedroom. Finally there is a three piece bathroom with a shower over the bath and access to a useful storage cupboard housing a hot water tank. There are also the advantages of electric heating and double glazing throughout.
Outside the development are the benefits of an allocated parking space and some lovely communal gardens.
This is a leasehold property. The lease is 999 years from 1/1/1999. So ground rent is £50 per annum. The latest service charge was £450 per quarter. Please be aware that there is a charge of £150 to inform the management company of a change of tenant and a further £144 admin fee.
The property is connected to a mains electricity supply, with mains water supplied by Yorkshire Water. The broadband types available in the area are standard and ultrafast. Mobile availability at the property is covered by all four major suppliers. Please either check the Ofcom website or contact the office for specific details and suppliers available, for both broadband and mobile.
Entrance Hall
Entrance door and telephone entry system.
Lounge 12'2" x 10'7" (3.7m x 3.23m)
Window to front elevation and electric panel heater.
Kitchen 9' x 6'1" (2.74m x 1.85m)
Wall and base units, work surfaces, sink, built-in electric oven, hob, extractor, window to front elevation, electric panel heater and consumer unit.
Bedroom 1 9' x 13'7" (2.74m x 4.14m)
Window to rear elevation and electric panel heater.
Bedroom 2 9' x 7'3" (2.74m x 2.2m)
Window to rear elevation and electric panel heater.
Bathroom
Three piece suite with bath with shower over, sink, W.C., heated towel rail and storage cupboard housing hot water tank.
Exterior
Allocated parking space and communal gardens.
Material Information
Leasehold. Council tax band B.
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More information
Tenure
Leasehold (972 years)
Service charge
£1,800 per year
Council tax band
B
Ground rent
£50
Ground rent date of next review