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Portland, Dorset, DT5 2NT

Key features

  • Studio Apartment
  • Tenant In Situ
  • Investment Opportunity

Description

INVESTOR OPPORTUNITY TENANT IN SITU-Due to the nature of the buildings construction, we advise that this property is only available to cash buyers only.

One bedroom studio apartment available for sale with parking space situated close to Portland Bill. Open plan lounge, kitchen and sleeping area. Current EPC: D. Council tax band A

Kitchen Area: Work surfaces, wall and base kitchen cabinets, part tiled, stainless steel sink and drainer, electric oven and hob with extractor over open plan into lounge area. Integrated fridge freezer.

Lounge Area; Lounge area open plan into kitchen access into bedroom sleeping area glazed window to rear with distant sea views.

Bedroom: Front aspect glazed windows open plan, built in wardrobes.

Shower Room: Shower cubicle with wash hand basin and low level WC, part tiled walls

Outside: There is ample parking available for visitors as well as your allocated parking; pets are permitted on site, as is holiday letting and residential letting.

Lifestyle: This unique, tied island marks the southernmost point on the Jurassic Coast and is joined to the mainland by Chesil Beach. Its isolated location, quaint villages and rocky, coastal scenery give the island its own special atmosphere, perfect for exploring. Here you will find you are moments away from corner shops, pubs and restaurants, and close to bus routes taking you in and out of Weymouth.

Tenure Information: The vendor has informed us that the property had a 125 Year Lease from 2003.

The Vendor has informed us that the Service Charge currently is circa £550.00per year (subject to annual spend) : Ground Rent is £1.00 per year : Buildings Insurance is currently £225.00 per year, Plus Council Tax and utilities.

These details should be checked by your solicitor for accuracy.

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.

£1 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.

£550

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.

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.

Band: A

Portland, Dorset, DT5 2NT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Weymouth Station6.0 miles
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About the agent

Red House Estate Agents, Portland

89-91 Fortuneswell, Portland, Dorset, DT5 1LY

Red House Estate Agents, Portland

Welcome to Red House

Red House Estate Agents are independent estate agents, letting agents and holiday letting agents in Weymouth and Portland, Dorset. Red House Estate Agents in Portland offer property for sale in and around Portland, Dorset. Red House Letting Agents, Weymouth and Portland, offer property to let in Weymouth, Portland, Wyke Regis and Chickerell areas.

Established in 2004, Red House quickly became a leading independent estate agent in Portland specialising in resid

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference S887537. 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 Red House Estate Agents, Portland. 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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