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5 bedroom block of apartments for sale

Wambo Lane, Gateacre

£165,000

Property Description

Key features

  • Two spacious apartments
  • Fully refurbished to high standard
  • Extended lease to 999 years
  • Attractive potential yield
  • Convenient location
  • No chain

Full description

Offered for sale with no forward chain and available immediately, this is a unique opportunity for investors looking for attractive potential yields in excess of 7%. TWO recently renovated apartments are on offer enjoying a cul-de-sac position close to Gateacre village. The apartments are just a short stroll to local shops at Belle Vale and benefit from a recently extended lease of 999 years. Apartment 10 is situated on the ground floor and comprises of an entrance hall, lounge, dining room, modern kitchen, two double bedrooms and stylish bathroom suite. Apartment 12 is situated on the first floor and comprises of an entrance hall, lounge, dining room/bedroom three, two further double bedrooms, fitted kitchen, bathroom and WC. Both apartments further benefit from communal hallways with a useful storage room, double glazing, gas central heating, communal outside space and permit parking.


Communal Rear 
A communal courtyard to the rear with the access from the communal entrance.

Leasehold Details 
The owner of the flat upstairs and the owner of the flat downstairs are shared freeholders and no management fees are paid monthly, however if any works are necessary both freeholders will have joint responsibility for the cost. The apartments are leasehold

Communal Entrance 
Front door, stairs rising to the first floor, door to rear access and door to the apartment.

Apartment 10 

Dining Room 
11' 2'' x 6' 11'' (3.40m x 2.11m)
Double glazed window to the front elevation, two wall mounted light fittings, laminate flooring, radiator and coved ceiling.

12 Wambo Lane 

Entrance Hall 
Entrance door, built in storage cupboard, radiator, laminate flooring, meter box cupboard and coved ceiling.

Lounge 
15' 4'' x 12' 0'' (4.67m x 3.65m)
Double glazed window to the front elevation, radiator, laminate flooring and coved ceiling.

Dining Room/Bedroom Three 
11' 2'' x 6' 1'' (3.40m x 1.85m)
Double glazed window to the front elevation, laminate flooring, radiator and coved ceiling.

Kitchen 
10' 4'' x 8' 5'' (3.15m x 2.56m)
A range of wall, drawer and base units with complimentary roll top work surfaces over, single drainer stainless steel sink, fitted extractor hood, space and plumbing for a washing machine, wall mounted combination boiler, radiator, wall tiles to splash back areas and a double glazed window to the rear elevation.

Bedroom One 
12' 7'' x 11' 2'' (3.83m x 3.40m)
Double glazed window to the rear elevation, radiator, laminate flooring and coved ceiling.

Bedroom Two 
11' 1'' x 10' 8'' (3.38m x 3.25m)
Double glazed window to the front elevation, laminate flooring, radiator and coved ceiling.

Bathroom 
8' 9'' x 5' 5'' (2.66m x 1.65m)
A three piece suite comprising of a bath with shower over, wash hand basin with mixer tap over vanity unit, low flush W.C, towel radiator and two double glazed opaque windows to the rear elevation.

Communal Front 
Paved communal front garden and parking.

More information from this agent

Listing History

Added on Rightmove:
13 August 2016

Map & Street View

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