Albert Street, Newark
- PROPERTY TYPE
Apartment
- BEDROOMS
3
- BATHROOMS
3
- SIZE
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Key features
- Investment Buyers Only
- Tenants in Situ
- Three self contained 1 bedroomed flats
- Enclosed Communal Yard
- Combined Monthly Income of £1500
Description
Alasdair Morrison and partners are delighted to offer this ideal investment opportunity which comprise of one ground floor and two first floor apartments situated close to Newark Town Centre. Flat 1 is on the ground floor and comprises, hall, lounge, kitchen, bedroom and shower room. Flat 4 is on the first floor and comprises open plan lounge/kitchen, bedroom and shower room and Flat 5 comprises, hall, open plane lounge/kitchen, bedroom and shower room. For further information or to view please call us on .
Accommodation Flat 1 - -
Flat 1 Hall - Part obscured glazed door to entrance hall. Storage. Access to cellar which houses water meters for some of the other flats.
Flat 1 Shower - 0.94m x 3.45m (3'01" x 11'04") - Shower cubicle with glazed screen low flush WC and wash hand basin. Extractor fan.
Flat 1 Kitchen - 3.56m x 3.10m (11'08" x 10'02") - Wall and base units with sink and drainer. Four ring hob with extractor over and oven below. Plumbing for washing machine and space for appliance. Storage heater and splash back tiling to wall. Window.
Flat 1 Lounge - 4.70m x 4.17m (15'05" x 13'08") - Electric fire. Two windows.
Flat 1 Bedroom - 3.66m x 3.40m (12'0" x 11'02") - Storage heater. Window.
Accommodation Flat 4 - -
Flat 4 Lounge - 4.11m x 3.56m (13'06" x 11'08") - Hardwood door to the open plan lounge. Window to front. Electric wall heater.
Flat 4 Kitchen Area - 1.78m x 0.99m (5'10" x 3'03") - Wall and base units and stainless steel sink unit . Electric oven and hob with extractor over. Splash back tiling to wall. Appliance space.
Flat 4 Shower Room - 1.65m x 1.50m (5'05" x 4'11") - Double glazed window to the side. Shower cubicle, low flush WC and pedestal wash hand basin. Splash back tiling to walls.
Flat 4 Bedroom - 3.58m x 3.56m (11'09" x 11'08") - Double glazed window to the front. Electric wall heater.
Accommodation Flat 5 - -
Flat 5 Open Plan Lounge/Kitchen - 4.17m x 3.81m (13'08" x 12'06") - Fitted with a range of wall and base units with stainless steel sink unit, electric hob and oven with extractor over. Plumbing for washing machine and appliance space. Splash back tiling to walls.
Flat 5 Bedroom - 3.20m x 3.00m (10'06" x 9'10") - Double glazed window to front. Electric wall heater.
Flat 5 Shower Room - 1.57m x 1.70m (5'02" x 5'07") - Shower cubicle, low flush WC and pedestal wash hand basin. Splash back tiling to walls.
Outside - Enclosed communal Yard.
Local Authority - Newark and Sherwood District Council, Castle House, Great North Road, Newark, NG24 1BY
Services - Electricity is connected to the property. Mains drainage. We have not tested any apparatus, equipment, fittings or services and so cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor.
Tenure - Leasehold. 999 year lease from 1st July 2012. Peppercorn ground rent. Service charge payable every 6 months - last payment November 2023 £145.84. Each flat currently achieves £500 pcm.
Viewing Information - By appointment with the office, call .
Brochures
Albert Street, NewarkBrochureTenure: 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.
988 years left
Energy performance certificate - ask agent
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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Albert Street, Newark
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newark Castle Station0.5 miles
- Newark North Gate Station0.8 miles
- Rolleston Station3.7 miles
About the agent
Alasdair Morrison and Partners, Newark
26 Kirk Gate, Newark, NG24 1AB
As an independent and locally owned estate agent, we have been successfully selling houses within Newark, Southwell and the surrounding villages in Nottinghamshire for over 30 years.
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Visit our security centre to find out moreDisclaimer - Property reference 32918075. 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 Alasdair Morrison and Partners, Newark. 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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