Park Street, Town Centre, Ashford, TN24

The Panorama, Park Street, Ashford, TN24 8FA

Guide Price £110,000 | One Bedroom | Seventh Floor | Cash Buyers Only

Overview

A well proportioned seventh floor one bedroom apartment set within The Panorama, one of Ashford’s most recognisable landmark buildings. Offering far reaching views across the town, excellent natural light and the benefit of allocated parking, this property represents an attractive opportunity for both investors and buyers seeking a straightforward, chain free purchase.

The apartment extends to 602 sq ft (56 sq m) and is currently let at £1,030pcm, delivering an approx. 11.2% gross yield at the guide price making it a compelling investment proposition.

Accommodation

Hallway

A welcoming entrance hall with two useful storage spaces:

• Boiler / Cloaks Cupboard – ideal for coats and everyday items

• Utility Cupboard – suitable for laundry appliances and household essentials

Dimensions:

• Front Hall: 7'10" × 4'4" (2.40 × 1.34 m)

• Inner Hall: 3'5" × 9'3" (1.06 × 2.83 m)

Kitchen / Living Area

A bright, open plan space with elevated views across Ashford. 26'3" × 10'4" (8.02 × 3.15 m) 

Bedroom

A well proportioned double bedroom with good natural light. 14'4" × 9'3" (4.37 × 2.83 m)

Bathroom

Modern white suite with bath, shower over, basin and WC. 5'5" × 8'9" (1.67 × 2.68 m)

Approximate Total Area

602 sq ft (56 sqm 

Location

The Panorama enjoys a central Ashford position, just a short walk from the town centre’s shops, cafés and amenities.

• Ashford International Station – approx. 0.6 miles

• London St Pancras – around 38 minutes via High Speed 1

• M20 Junction 10 – just over a mile away

• Excellent local bus routes and pedestrian access

Investment Appeal

• Current Rent: £1,030pcm

• Annual Income: £12,360

• Gross Yield: approx. 11.2% at £110,000

• Buyer Profile: Cash buyers only

• Strong rental demand in central Ashford

• Allocated parking  a major advantage for town centre apartments

  Summary

  A bright and spacious one bedroom apartment in a landmark Ashford building. With far reaching views, allocated parking, excellent transport links and a strong rental return, this property is ideal for investors or buyers seeking a simple, chain free purchase in a highly convenient location.... Mark Hoyle Residential Sales

  Additional Information
  Tenure: Leasehold (119 Years Remaining ) Start Date 24th June 2015/ End Date 24th June 2145
  Ground Rent: TBC
  Service Charge: TBC
  Council Tax: Band B (Ashford Borough Council)
  Heating: Gas Fired
  Viewings: Strictly By Appointment With Northwood Incorporating Stevens

  Viewings
  In the first instance please contact a member of the sales team to arrange an appointment.

  MONEY LAUNDERING REGULATIONS -

  Agents are required by law to conduct anti-money laundering checks on all those buying a property.  We outsource the initial checks to a partner supplier HIPLA who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £30.00 inclusive VAT per buyer where this is a non refundable fee. These charges cover the cost of obtaining relevant data and any manual checks and monitoring which may be required. This fee will be required to be paid by you in advance of the office issuing a memorandum of sale on the property you would like to buy.

  IMPORTANT NOTICE 1. These particulars have been prepared in good faith as a general guide, they are not exhaustive and include information provided to us by other parties including the seller, not all of which will have been verified by us. 2. We have not carried out a detailed or structural survey; we have not tested any services, appliances or fittings. Measurements, floor plans, orientation and distances are given as approximate only and should not be relied on. 3. The photographs are not necessarily comprehensive or current, aspects may have changed since the photographs were taken. No assumption should be made that any contents are included in the sale. 4. We have not checked that the property has all necessary planning, building regulation approval, statutory or regulatory permissions or consents. Any reference to any alterations or use of any part of the property does not mean that necessary planning, building regulations, or other consent has been obtained. 5. Prospective purchasers should satisfy themselves by inspection, searches, enquirers, surveys, and professional advice about all relevant aspects of the property. 6. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact; we have no authority to make or give any representation or warranties in relation to the property. If these are required, you should include their terms in any contract between you and the seller.