£160,000 Offers Over
The PropertyThis first-floor one bedroom apartment is situated within a popular close and is offered to the market with NO ONWARD CHAIN. Ideal for first-time buyers or investors, with the property recently achieving a monthly rental income of circa £1,000 per calender month, delivering a 7.5% yield. The accommodation comprises an open-plan kitchen/living area, providing a versatile living space with wood-effect flooring extending throughout the apartment. The kitchen offers plenty of storage and space for appliances, making it a practical and well-equipped area for everyday living. A substantial storage cupboard is located off the living area, providing useful additional storage. The good-sized double bedroom enjoys a double aspect, allowing plenty of natural light, and benefits from fitted cupboards. The refitted bathroom features a white suite with shower over the bath, complemented by modern electric heating throughout the apartment. The property is ideally positioned within easy reach of good road links and Ash Vale village amenities, providing convenient access to local facilities and transport connections.
The GroundsThe apartment is set within a popular close with allocated and visitor parking. It also benefits from a long lease of circa 962 years (subject to confirmation), offering excellent long-term security.
Service ChargeAnnual payment to Merlin Estates (service charge): £1,333 per annum.
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