Pyle Street, Newport
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- SIZE
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Key features
- SPACIOUS FIRST FLOOR APARTMENT
- NEWPORT TOWN CENTRE LOCATION
- ONE BEDROOM
- TENANT IN SITU
- INVESTMENT OPPORTUNITY
- OR FIRST TIME BUY
- LARGE MODERN LIVING SPACE
Description
The apartment comprises one bedroom and features in particular a large modern living space which includes the Kitchen area.
The property also comes with the benefit of a tenant in-situ who has been a tenant for approx 4 years (more details available).
A perfect investment opportunity or perhaps a First Time Buy. Hurry to view.
Entrance Hall - Entrance on the ground floor. Stairs to first floor. Private front door to entrance hall. Entry phone system. Electric heater. Built in cupboard.
Living Area Inc Kitchen - 5.44m x 4.67m (17'10" x 15'4") - A super bright living area encompassing the Kitchen area. A side aspect via a large window offers much natural light. The Kitchen is a range of light coloured units along with a built in electric oven and separate hob. Recessed ceiling lights.
Bedroom - 3.40m x 3.15m (11'2" x 10'4") - Electric heater. Skylight window. Recessed ceiling lights.
Bathroom - Comprising a white suite including panelled bath, pedestal hand basin and WC. Airing cupboard.
Tenure - Council Tax Band A
This property is Leasehold. Under-lease dated 2014 with a lifespan of 125 years from the 2008 head-lease date. Currently 110 years remaining on under-lease.
Ground Rent £25 per annum
20% of building insurance, Approx £175 for year end 2023.
No Building management fee, but any fees needed split on a pro_rata basis between the two flats and the shop.
Wight fire alarm costs approx £60 PA.
Brochures
Pyle Street, NewportBrochureTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
110 years left
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Pyle Street, Newport
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Smallbrook Junction Station6.2 miles
About the agent
Marvins, Cowes
41a High Street, Cowes, PO31 7RS
Marvins is an independent Estate Agency covering the Isle of Wight specialising in the sale of residential property and one of the Island's most prominent names on the Island since 1868.
Covering the whole Island from, the key to our on-going success is consistency in personnel and performance. If you bought a house from us 5 or 25 years ago, the chances are you'll be dealing with the same people again today!
Business does not need to be complicated; our belief is in keeping thing
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Visit our security centre to find out moreDisclaimer - Property reference 32765026. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Marvins, Cowes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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