£190,000
1 bed flat for saleAugusta Place, Leamington Spa CV32
1 bed
1 bath
1 reception
EPC Rating: B
- Chain free
- Leasehold
Connells - Leamington Spa
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About this property
Open house 10th October
Ground floor apartment
One bedroom
Energy rating B
Secure gated development
Within walking distance to leamington town centre
Open plan living
No onward chain
Level access
Summary
* open house 10th October * ground floor apartment * secure gated development * one bedroom * energy rating B * ideal investment * walking distance to leamington spa * no onward chain *
description
Located within walking distance of Leamington Spa town centre, this well-presented one-bedroom ground floor apartment offers an ideal opportunity for first-time buyers or investors alike. Situated in a secure, gated development, the property is accessed via a communal entrance hallway leading to its own entrance.
Inside, the apartment comprises an entrance hallway with doors leading to a modern shower room, a bedroom, and a open-plan kitchen and lounge area. The layout provides comfortable living with a contemporary finish throughout.
Offered for sale with no onward chain, this property presents a fantastic investment opportunity in a sought-after location
Approach
Being situated on Augusta Place, there are electric gates which lead to the development and the communal entrance.
Communal Entrance
Having stairs leading to all floors this property is located on the ground floor.
Entrance Hall
With doors to all rooms.
Open Plan Lounge/Kitchen/Diner 8' 4" x 17' 5" ( 2.54m x 5.31m )
Lounge/Diner Area
Having laminate flooring and a double glazed window to front elevation,
Kitchen Area
Fitted with wall and base units with work surfaces over, incorporating a sink. There is an electric oven, gas hob with cooker hood over and a fridge/freezer. Comprising laminate flooring and a radiator.
Bedroom 8' 3" x 9' 4" ( 2.51m x 2.84m )
Double bedroom with a radiator and a double glazed window to front elevation.
Shower Room
Three piece suite fitted with a wash hand basin, shower cubicle and a low level W/C. Having partly tiled walls, a heated towel rail and an extractor fan.
Parking
On Street.
Lease Information
The property is leasehold with a lease length of 125 years from 1st June 2017. The property is subject to management costs to include an annual ground rent of £150 and an annual service charge of £1,200. Further information available upon request.
There is a 6 month let agreed at £900 per calander month with a rental yield of 4.97%.
Seller's Comments
Having owned this property for about eight years, l have never had a problem renting this one bed ground floor apartment. There has been no shortage of tenants as it is situated in a great location and is well protected too. It is an ideal buy for an investor like myself.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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More information
Tenure
Leasehold (117 years)
Service charge
£1,200 per year
Council tax band
A
Ground rent
£150
Ground rent date of next review