1 bedroom flat for sale21-25 Newdigate Street, Nuneaton
Guide Price £60,000
- New Development
- One & Two bedrooms
- Modern Apartments
- Living area
- Shower room
- Town centre location
- Good rental yields
- Investment opportunity
***TOWN CENTRE INVESTMENT - WITH TENANT *** A select development of modern apartments currently under renovation and refurbishment, occupying the top two floors of Mae House, Newdegate Street. A total of 8 apartments will be available to purchase, this one bedroom flat is currently let, secured on an assured shorthold tenancy agreement with rental income of £425 pcm leading to a gross annual yield of over 8% Energy rating C.
Open Plan Living Room/Kitchen - 3.8m min 5.4m max x 3.2m (12'6" min 17'9" max x 1 - Having range of matching base and eye level units to kitchen area, sink, oven and halogen hob, t.v ariel point, upvc double glazed windows to front aspect.
Bedroom One - 3.5m x 2.5m (11'6" x 8'2") - Double glazed window to front aspect.
Shower Room - Having low level w.c., wash hand basin, shower cubicle.
General Information - TENURE: we understand from the vendors that the property is leasehold with a lease of 125yrs commencing as of 2014. Service charge is approx £840 per annum which include the management of the external ground and buildings insurance and ground rent is £100 per annum.
SERVICES: all mains services are connected but not tested. The telephone is available subject to the appropriate telephone companies regulations. Hawkins have not tested any apparatus, equipment, fittings, etc, or services to this property, so cannot confirm they are in working order or fit for the purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor.
FIXTURES AND FITTINGS: only those as mentioned in these details will be included in the sale.
MEASUREMENTS: the measurements provided are given as a general guide only and are all approximate.
VIEWING: by prior appointment through the Sole Agents.
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