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Chandlers Reach, Spalding, PE11

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

538 sq ft

50 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • One bedroom flat
  • Close to town centre
  • First Floor
  • Lounge/Diner
  • Allocated parking space
  • Ideal investment opportunity
  • Sold with tenant in situ
  • 7.8% yield

Description

**IDEAL INVESTMENT PROPERTY** One bedroom first floor flat situated in the heart of Spalding town centre, sold with tenant in situ with a yield of 7.8%, double bedroom, lounge/diner, good sized kitchen and allocated parking space.

Accommodation comprises; Communal hall, landing, entrance hall, lounge/diner, kitchen, bedroom and bathroom.

EPC Rating C
Council Tax A
Leasehold
Ground Rent £25 per annum, Maintenance Charge £1423.40 per annum.
Lease 98 years left till (2121)

Entrance Hall 1

Communal access to two flats from rear with intercom system, leading to landing.

Entrance Hall 2

Front door leading to hallway, coving to ceiling, radiator, access to loft.

Living Room

11'9" x 14'0" (3.59m x 4.29m)

Sash double glazed window to front, coving to textured ceiling, radiator, TV point, telephone point.

Kitchen

7'10" x 11'9" (2.40m x 3.59m)

Fitted matching range of base and eye level units with worktop space over, stainless steel sink unit and tiled surround, built-in fridge/freezer, built-in oven with four ring gas hob, plumbing for washing machine, extractor fan, radiator, two sash double glazed windows to rear, coving to textured ceiling.

Bedroom

11'2" x 9'3" (3.41m x 2.83m)

Sash double glazed window to front, radiator, coving to ceiling.

Bathroom

Fitted three piece suite comprising, bath with hand shower attachment over and glass screen, wash hand basin, low level WC, radiator, extractor fan, coving to ceiling, built-in cupboard.

Garden

Allocated parking space.

Disclaimer

DISCLAIMER: Whilst these particulars are believed to be correct and are given in good faith, they are not warranted, and any interested parties must satisfy themselves by inspection, or otherwise, as to the correctness of each of them. These particulars do not constitute an offer or contract or part thereof and areas, measurements and distances are given as a guide only. Photographs depict only certain parts of the property. Nothing within the particulars shall be deemed to be a statement as to the structural condition, nor the working order of services and appliances.

Tenure: 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.

£25 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.

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.

Ask agent

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.

97 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.

Band: A

Chandlers Reach, Spalding, PE11

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Spalding Station0.4 miles
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About the agent

The Property Experts, London

13 Hanover Square, Mayfair, London, W1S 1HT

The Property Experts, London

Why Choose the Property Experts

* Dedicated personal agent, so you have one point of contact from start to finish

* Available 7 days a week, evening and weekend for your convenience

* Dealing with a limited number of clients to give you a more personal service

* Trained in negotiation to extract the highest offer from buyers

* An expert in marketing to provide the widest exposure to potential buyers

* Resulting in the maximum price for the seller and a smoo

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Industry affiliations

National Association of Estate AgentsSafe AgentRoyal Institute of Chartered SurveyorsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference RX340903. 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 The Property Experts, London. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

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