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Fellows Road, Cowes

£139,950
Added on 29/11/2021
Marvins, Cowes
PROPERTY TYPE
Apartment
BEDROOMS
×2
BATHROOMS
×1

Key features

  • FIRST FLOOR APARTMENT
  • INVESTMENT OPPORTUNITY
  • TWO BEDROOMS
  • KITCHEN
  • LOUNGE
  • BATHROOM
  • PARKING SPACE
  • GAS FIRED HEATING
  • VIEWING BY APPOINTMENT
  • LEASEHOLD

Property description

Tenure: Leasehold

CALLING ALL INVESTMENT BUYERS. Two bedroom apartment with LONG STANDING TENANT. Current rental income £6000 PA .Accommodation includes Lounge,/Diner, Kitchen,Bathroom. Allocated parking space, Gas fired heating. Convenient for Cowes town. New 125 year Lease being completed and included in Sale.
VIEWINGS STRICTLY BY APPOINTMENT WITH THE VENDORS AGENTS.

Calling all investment buyers. Two bedroom apartment with long standing tenant. Current rental income £6000 PA.
VIEWINGS STRICTLY BY APPOINTMENT WITH THE VENDORS AGENTS.

On The Ground Floor - Communal entrance door and stairway to first floor off.

Entrance Door - To Flat 36b.

Entrance Lobby - With door to entrance hall.

Lounge - 3.07m x 4.24m (10'1 x 13'11) - Radiator, secondary double glazed window, TV aerial lead.

Kitchen - 4.22m x 1.88m (13'10 x 6'2) - Range of modern fitted floor and wall cupboards with bevel edged worktops over. Inset stainless steel sink unit with mixer tap over, plumbing for washing machine, built in electric oven with microwave over. Fitted gas hob, cupboard housing gas fired boiler supplying central heating and hot water. Some sea views over Cowes.

Bedroom One - 3.02m x 2.82m (9'11 x 9'3) - Radiator, built in wardrobe cupboard, secondary double glazed window.

Bedroom Two - 3.78m x 2.03m (12'5 x 6'8) - Radiator, built in shelved linen cupboard.

Bathroom - Suite comprising pannelled bath with mixer tap over. Low level WC, pedestal wash basin. Radiator.

Outside - Communal gardens with drying area. Parking Space

Tenure - Leasehold New 125 year Lease in the process of being completed. Initial Ground rent £200 PA, Current tenant has been in residence for approximately 10 years paying a monthly rental of £500. This property is being sold as an investment purchase with the benefit of the current tenant. Service Charge is payable half-yearly £155. Insurance is approximately £246 per annum.



Brochures

Fellows Road, CowesBrochure
Energy Performance Certificates

Fellows Road, Cowes

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ryde Pier Head Station6.3 miles
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About the agent

Marvins, Cowes

41a High Street, Cowes, PO31 7RS

Marvins is an independent Estate Agency covering the Isle of Wight specialising in the sale of residential property and one of the Island's most prominent names on the Island since 1868.

Covering the whole Island from, the key to our on-going success is consistency in personnel and performance. If you bought a house from us 5 or 25 years ago, the chances are you'll be dealing with the same people again today!

Business does not need to be complicated; our belief is in keeping thing

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Disclaimer - Property reference 31134017. 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 Marvins, Cowes. 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.

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