£60,000
1 bed flat for saleNew England Way, Pleasley, Mansfield, Nottinghamshire NG19
1 bed
1 bath
1 reception
EPC Rating: D
- Chain free
- Leasehold
Bairstow Eves - Mansfield Sales
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About this property
Second Floor Flat
Double Bedroom
Lounge & Kitchen
Communal Parking
Communal Gardens
No Chain
Well Presented
Potential yield 11.9%
Second floor flat . . No chain . . Parking . . Secure entry . . Well presented.
Communal front door gives access to communal entrance hall with stairs up to the second floor landing.
Accommodation comprising; entrance hall, lounge, kitchen, bathroom and bedroom. Outside there are communal gardens, parking and a bin store.
The property is available to all buyers, however if looking for a buy to let then market value rent is £595 pcm. The yield is 11.9% based on a purchase price of £60,000.
The management company is Mansfield District Council and the lease was 125 years from February 1983 so expires February 2108. The current annual ground rent is £10.00 and annual service charge £255.61.
Pleasley is a rural area which is a small and beautiful village in between Mansfield and Chesterfield and is within close proximity to major road links A617, A60 and M1. The river Meden runs through the village. Local amenities, two primary schools, regular bus service and Pleasley pit county park leading to five pits trail.
Ground Floor
Intercom entry system gives access to the communal entrance hall with stairs to second floor landing and sensor lighting.
Entrance Hall (3.66m x 0.86m)
Door to communal landing, intercom entry system, circuit breakers, coving to ceiling, access to the roof void, single radiator, smoke alarm, doors to storage/heating cupboards and doors off.
Lounge (4.34m x 4m)
Double glazed windows to the side and rear, two single radiators, coving to ceiling, ceiling rose and door to kitchen.
Kitchen (3.48m x 1.83m)
With a range of base and wall mounted units, roll edged work surfaces, one and a quarter bowl stainless steel sink and drainer with mixer tap. Integrated oven, hob and extractor fan. Space for washing machine, fridge and freezer. Double glazed window to the front, single radiator and coving to ceiling.
Bedroom (3.35m x 3.12m)
Double glazed window to the rear, single radiator and coving to ceiling.
Bathroom (2.67m x 1.68m)
White three piece suite comprising; low level WC, pedestal wash hand basin, shower over panelled bath, shower screen, double glazed window to the rear, single radiator and coving to ceiling.
Outside
The block of flats is located in a cul-de-sac, set in communal gardens with parking and bin stores.
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More information
Tenure
Leasehold (82 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review