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1 bedroom flat for sale

Ash Grove, Sutton-In-Ashfield, Nottinghamshire, NG17

Sold STC £40,000

Property Description

Key features

  • First floor flat
  • One bedroom
  • Fitted Kitchen & Bathroom
  • Currently Let for 335 pcm
  • Representing a gross yield of 10.5%
  • Off street parking

Full description

Location
The property is located on the outskirts of Skegby, Ash Grove can be accessed from Healdswood Street just off the B6014. The towns of Sutton In Ashfield & Mansfield are both within four miles of the property which provides convenient access ideal for commuters.

There are a wealth of local amenities and schooling within close proximity and with Kings Mill Hospital situated just 2.7 miles from the property taking approximately nine minutes by car.

Description
This first floor one bedroom flat is neutrally decorated throughout and is an ideal ready made investment for investors.

The accommodation in brief comprises kitchen, bathroom, bedroom, and lounge/diner to the first floor with entrance hall and stairs to the ground floor.
The front door provides access to the entrance hall and stairs, leading to first floor landing in turn giving access to a modern kitchen fitted with base and eye level units, complimentary work surfaces and tiling to splash backs. Having integrated electric hob and oven, free standing washing machine and fridge freezer.

The family bathroom comprises of low flush WC, wash hand basin and bath with over head shower. With a front facing double bedroom and spacious lounge/diner with gas fire and glazed unit to rear providing views over open countryside.

Externally the property enjoys a small garden to the front elevation and driveway providing off street parking for one car. In addition there are 2 brick built out houses ideal for additional storage.

Accommodation

GF 3.49 m2 37 ft2

FF 41.55 m2 447 ft2

Total 45.04 m2 484 ft2

Services
We understand the property has mains gas, electric, water and drainage.

Tenure
Leasehold

Investment Analysis
We understand the property is currently let for 350 per calendar month, representing a gross annual yield of 10.5%.

Council Tax
The property is rated in Council Tax Band A.

*Guide Price
40,000+


More information from this agent

Listing History

Added on Rightmove:
15 March 2016

Map & Street View

Disclaimer - Property reference 13aashgrove. 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 John Pye Property, Nottingham . 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.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call John Pye Property, Nottingham on 0115 970 6060.


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