1 bedroom cottage for saleBrinkcliffe Gardens, Sandown, Isle Of Wight, PO36
Sold STC £105,000
- Retirement Home
- 55 Years And Over
- Direct Access To Cliff Path
- Small Courtyard Area
- Communal Gardens
This delightful cottage style one bedroom property forms part of a purpose built retirement complex exclusively designed for those aged 55 years and over comprising of a approximately twenty units. This property is in a small terrace, which has brick and tile hung elevations under a tiled roof. In our opinion, the property is offered for sale in a good decorative condition and the accommodation is warmed by electric night storage heaters and has double glazed windows.
Brinkcliffe Gardens is well situated in a quiet, mainly residential area but is only a 50 yard walk to the railway halt and there is also a private pedestrian gate giving direct access from the communal gardens to the Cliff Path. From this Cliff Path, there is access to both Sandown and Shanklin on the Cliff walk and steps down to the safe sandy beaches.
This cottage is currently let on an Assured Shorthold Tenancy at a rent of £510 per calendar month and the excellent tenant would wish to stay at the property should it be purchased as an investment. Based upon the asking price, an investment would produce a gross return of over 5% per annum. There is also the eventuality of capital growth with increasing property values. Alternatively it can be offered with vacant possession. It comprises :-
ENTRANCE LOBBY with cloaks cupboard. Door to
LIVING ROOM 12' x 15'5 max (3.66m x 4.73m) night storage/convector heating, understairs store cupboard. Sliding door to
KITCHEN 9'3" x 6'4" (2.84m x 1.94m) fitted range of cream laminate faced units comprising base cupboards and drawers with matching wall cabinet and an end open shelf unit. Single draining stainless steel sink and plumbing for washing machine.
SEPARATE WC having champagne coloured suite of close coupled WC and a vanity wash basin with cupboard under. Door to UNDERSTAIRS STORAGE AREA and a wall mounted electric fan heater
LANDING with trap door to loft, airing cupboard containing insulated hot water cylinder with dual immersion heater
BEDROOM 12'4" x 12'3" (3.78m x 3.75m) with night store/convector heater, built in double wardrobes and an overstairs store cupboard.
BATHROOM with champagne coloured suite of panelled bath with shower over, pedestal wash basin and close coupled WC. Electric radiator/towel rail.
Immediately at the front of the cottage is a small garden area which is laid to slate chippings and this opens onto the well maintained communal gardens which are laid to lawn and shrub borders and surrounds the whole site.
At the front of the property is a GARDEN SUMMERHOUSE for the use of the residents and there is a block paved driveway with space for visitors and residents' vehicles. Each property has its own private bin store adjacent to the front door.
TENURE We understand that the property is held on the balance of a 125 year lease from 1990 with no ground rent collected. The current service charge, which includes the building insurance and Wight Care Line fees is £1,135 per annum.
The residents of Brinkcliffe Gardens each own a share of the Freehold of the whole development.
Included in the service charge for the property is a Care Line support giving 24 hour coverage for each resident.
SERVICES Mains electricity, water and drainage are connected
COUNCIL TAX Band B. Can be confirmed by the Isle of Wight Council (01983 823901).
VIEWING STRICTLY BY APPOINTMENT THROUGH ARTHUR WHEELER ESTATE AGENTS (01983) 868333
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