Park Road, Cheam, SM3

PRICED TO SELL! VACANT & CHAIN FREE

IDEAL HOME OR BUY TO LET (Potential Rent circa £1500 pcm)

92 year lease

£152 PA ground rent

£2000 operational service charge with additional £1200 paid towards the reserve fund contributions

The block holds reserves over £20,000

The freeholder is carrying out yearly inspections of the front doors and half yearly inspections of lobby doors and a charge has been added to the budget

Situated in the sought after location of Cheam, this one bedroom first floor flat forms part of a boutique development comprising just four flats and five houses. The property offers an opportunity for buyers seeking a home within a small development, with the benefit of an intercom system providing a convenient means of managing visitor access. The flat is arranged to provide a welcoming hallway, spacious living/dining room, a separate modern kitchen, a contemporary bathroom suite, and one double bedroom with built in wardrobes. The decor is neutral, with newly laid carpets.

Electric heating serves the property, which has an EPC rating of C, with a potential rating of B. The property is leasehold, with 92 years remaining on the lease. Ground rent is £152 per annum, and the operational service charge is £2,000 per annum. An additional £1,200 is payable towards reserve fund contributions, with the block holding reserves of over £20,000. The property falls within Council Tax Band C.

Outside, the property benefits from one allocated parking space, providing a designated place to park within the development. This is a practical addition for residents who require parking alongside their home.

Early viewing recommended.

Please contact the branch to register your interest and arrange a viewing.

NB. In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by Director’s of Move Places Ltd.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2: These particulars do not constitute part or all of an offer or contract.

3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4: Potential buyers are advised to recheck the measurements before committing to any expense.

5: MP has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6: MP has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Parking - Allocated parking