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2 bedroom apartment for sale

Algernon Road, Melton Mowbray

£115,000

Property Description

Key features

  • First Floor Apartment
  • TWO BEDROOMS
  • Potential 6% Rental Yield
  • SEE VIDEO TOUR FOR VIDEO
  • Living Dining Kitchen
  • En-Suite & Bathroom
  • Parking Space & Visitor Parking
  • Secure Intercom System
  • NO ONWARD CHAIN
  • EPC Rating - D

Full description

POTENTIAL 6% RENTAL YIELD - Newton Fallowell are delighted to present the opportunity to secure this first floor apartment, which could make the ideal first-time buy or investment purchase, with the potential to achieve a 6% rental yield. The accommodation comprises of Living Dining Kitchen, TWO BEDROOMS with an En-Suite to the Master Bedroom and Bathroom. The property also benefits from electric heating, secure intercom system, allocated parking space as well as further visiting parking spaces. This property is being sold with NO ONWARD CHAIN, and early viewing would be advised to avoid disappointment.

Leasehold Information - The Lease for the property began in 2008 for 125 years. The Ground Rent & Service Charge is £89.36 per month or £1,075.56 per annum.

Entrance - Accessed via double doors into the communal hallway with electrical consumer unit, radiator, smoke alarm, telephone intercom system and stairs rising to the first floor landing with entrance door to the apartment. The intercom system provides secure access to the apartments.

Living/Dining/Kitchen Area - 5.66m x 3.61m (18'7" x 11'10") - With uPVC double glazed French door to the rear aspect, a Juliet balcony and two uPVC double glazed windows adjacent to the French door and double radiator. The kitchen area has roll edge work surfaces, wall and base units, one and a half bowl stainless steel sink and high rise mixer tap, tiled splashbacks, space and plumbing for washing machine, space for freestanding fridge/freezer, four ring electric hob with stainless steel extractor hood over, integrated oven and dishwasher, tiling to half height to two walls and space for table and chairs.

Bedroom One - 3.56m x 2.57m (11'8" x 8'5") - With a uPVC double glazed window to the rear aspect, double radiator and door off to the en-suite shower room.

En-Suite Shower Room - With single radiator and three piece suite comprising low flush WC, wash hand basin and tiled shower cubicle.

First Floor Landing - With a Velux window providing plenty of natural light and three steps leading to a second landing area with airing cupboard having shelving for storage and access to Bedroom Two and Bathroom. These rooms are in the eaves so have restricted head height.

Bedroom Two - 3.91m x 3.61m (12'10" x 11'10") - With two Velux windows providing plenty of natural light, double radiator and spotlighting.

Bathroom - 3.30m x 1.96m (10'10" x 6'5") - With a Velux window, single radiator and three piece suite comprising low flush WC, wash hand basin and bath, tiling to half height on three walls, storage cupboard and spotlighting. The bathroom does have restricted height.

Outside - Outside there is an allocated parking space and plenty of visitor parking.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
13 September 2017

Map & Street View

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