2 bedroom apartment for saleRAMSEY ROAD, ST IVES
Guide Price £550,000
- PRIME RESIDENTIAL DEVELOPMENT
- A PORTFOLIO OF FIVE APARTMENTS
- FOUR TWO-BEDROOM APARTMENTS
- ONE ONE-BEDROOM APARTMENT
- CAR PARKING SPACES
- WALKING DISTANCE OF TOWN CENTRE
- CURRENTLY LET UNDER ASSURED SHORTHOLD TENANCY AGREEMENTS
- VIEWNG BY APPOINTMENT
Full descriptionINVESTMENT OPPORTUNITY
- a portfolio of 5 apartments (4 two-bedroom and 1 one-bedroom) set in modern building in this popular market town. The properties are currently let under Assured Shorthold Tenancy agreements.
Prime Residential Development
A Portfolio of Five Apartments
Guide Price: £550,000
The property is situated on the north side of the town centre within walking
distance of the town centre and river.
St Ives is a picturesque market town set on the banks of the Great Ouse river. The town is ideally situated with easy access to Cambridge via the new Guided Bus and also is within a short distance to the A14 with links of the A1 and M11. The town offers excellent shopping and leisure facilities as well as historic and cultural interest. The Great Ouse river, which borders the south of the town, offers an abundance of boating, fishing and walking amenities.
Rugeley Court is a prestige development of ten apartments. The block is situated in its own grounds with car parking spaces.
METHOD OF SALE
Offers are invited in one tranche for the apartments.
No. 1: 2 bedroom ground floor
No. 2: 2 bedroom ground floor
No. 7: 1 bedroom first floor
No. 8: 2 bedroom first floor
No. 9: 2 bedroom first floor
TENURE AND LEASE DETAILS
All the apartments will be sold on a Leasehold basis. The Management Charge is currently £70 per month per apartment. The Lease commenced on 01/01/1989 for a period of 125 years. The Ground Rent currently payable i£50.00 per annum per apartment.
SCHEDULE OF TENANCIES -
No. 1: 6 month term from 27/05/2011 (Rent £525 per month)
No.2: 12month term from 17/08/2011 (Rent £570 per month)
No. 7: 6 month term from 27/05/2011 (Rent £495 per month)
No.8: 6 month term from 17/11/2011 (Rent £550 per month)
No. 9:Periodic Tenancy from 03/01/2008 (Rent £535 per month)
VIEWING: By arrangement with Thomas Morris Estate Agents.
AGENTS NOTES:Thomas Morris has not tested any apparatus, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor. This floor plan is intended as a guide to the layout of the property. It is not to scale and should not be relied upon for dimensions or any other purpose.
TO ARRANGE A VIEWING
PLEASE TELEPHONE THOMAS MORRIS ON 01480 468066;
24-26 CROWN STREET, ST IVES, CAMBS PE27 5AB
Visit all our properties at www.thomasmorris.co.uk
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