Flat 3 37 Wood Street, Maryport, CA15 6JZ

Offered for sale CHAIN-FREE, this spacious two-bedroom apartment provides an excellent amount of living accommodation, with a particularly generous open-plan living, kitchen and dining area forming the centrepiece of the property.

The main living space offers plenty of room to create separate lounge and dining areas, making it equally suited to everyday living and entertaining. Incorporated within the room is a contemporary fitted kitchen featuring grey cabinetry, marble-effect work surfaces, an integrated oven and hob, extractor hood and extensive preparation space.

Both bedrooms are accessed from the internal hallway. The principal bedroom is particularly generous and benefits from two windows providing plenty of natural light, along with ample space for freestanding bedroom furniture. The second bedroom is also well-sized and could alternatively provide a useful guest bedroom or home office.

Completing the accommodation is a shower room with an enclosed corner shower, WC and natural light from the window.

The apartment is neutrally presented throughout, with the vendor currently completing a small number of finishing touches, including painting to the woodwork, checking the boiler and radiators and completing minor electrical finishing works. The vendor is happy to discuss and agree any outstanding items with the purchaser as part of the sale.

The property is leasehold only, with no share of the freehold, and currently has approximately 108 years remaining on the lease. There is no management company and therefore no regular service charge. Ground rent is currently £100 per annum. Leaseholders share the cost of communal expenses, including the twice-yearly fire alarm servicing and hallway electricity, with the latter currently costing approximately £22 per month per flat. Any additional communal repairs are agreed between the leaseholders and the costs shared equally.

The vendor has advised that the front and rear gutters are due to be replaced shortly and that the cost of this work will be covered by the vendor. They have also advised that no major repair expenditure has been required during their approximately 16 years of ownership, with the property having undergone its conversion in 2009.

An additional benefit for the purchaser is the vendor's offer to extend the lease from its current term to 999 years at no premium, provided the purchaser covers the associated conveyancing/legal costs. Buyers are advised to discuss the proposed lease extension with their solicitor to understand the process, timing and costs involved.

With its generous accommodation, CHAIN-FREE position and potential to be ready for immediate occupation or letting following completion of the remaining minor works, the property should appeal to first-time buyers, investors and purchasers looking for conveniently arranged accommodation without an onward chain.

Early viewing is recommended to appreciate the size of the accommodation, particularly the impressive open-plan living space.

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You can secure this property with an optional reservation deposit of £2,500. This forms part of the property's total purchase price and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.

The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.

The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.

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These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate. Speak to one of our property specialists about our reservation deposit scheme to find out more.