Property Image
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Brochure
Floor Plan

£95,000

2 Bedroom Apartment For Sale

Newbold Hall Drive, Firgrove, OL16 3AJ

Key Features

  • firgrove
  • leasehold
  • ground rent £100pa
  • service charge £1,144pa (approximately)
  • 108 years remaining (125 years from 1st november 2005)
  • council tax band b
  • epc rating c
  • currently tenanted @ £575pcm
  • dressing room and en suite to main
  • two double bedrooms
  • council tax: b

Property Description

SUMMARY Martin & Co are pleased to bring to market a brilliant INVESTMENT opportunity! Offered with a TENANT IN SITU, this TWO BEDROOM apartment can be found on the top floor.

The apartment briefly comprises of an entrance hallway with storage cupboard, two double bedrooms with the master benefitting from an en-suite and dressing room, a family bathroom and open plan lounge/kitchen.

The property also benefits from a parking space.

Martin & Co currently manage the property, so you can be assured that the tenancy was set up correctly, all relevant landlord certificates are in place and should you wish, we can continue to manage the property for you thus ensure a total turnkey investment with income from day one.

Please note all pictures were taken prior to the current tenancy taking place.  

TENANCY INFORMATION
The property is currently receiving a rental income of £575 pcm generating a gross yield of 6.97% at the asking price.

As Martin & Co currently manage the Tenancy, we would be able to facilitate the smooth transfer to the new Landlord owner whilst retaining management of the property and providing peace of mind to the landlord via our Rent Guarantee.. 

KEY FACTS FOR BUYERS REPORT
To view our Keys Fact for Buyers report which contains information specific to the property, please open or download the brochure 

LOUNGE/DINING/KITCHEN 19' 9" x 16' 0" (6.02m x 4.88m)
Neutral decor, a range of wall and base units, SS sink, vinyl flooring to kitchen & carpet to lounge, UPVC French doors & window, radiator, integrated oven & hob and washer/dryer. 

BEDROOM ONE 14' 3" x 8' 8" (4.34m x 2.64m)
Neutral decor, carpet, UPVC window, radiator, fitted wardrobes 

DRESSING ROOM/STUDY 8' 1" x 5' 9" (2.46m x 1.75m)
Neutral decor, carpet, UPVC window, wall heater, built in wardrobes 

EN SUITE 5' 9" x 6' 6" (1.75m x 1.98m)
Neutral decor, partially tiled walls, white toilet and wash hand basin, shower cubicle, chrome towel rail/heater 

BEDROOM TWO 11' 2" x 9' 6" (3.4m x 2.9m)
Neutral decor, carpet, UPVC window, radiator, fitted wardrobes 

BATHROOM 7' 0" x 5' 6" (2.13m x 1.68m)
Neutral decor, partially tiled walls, white three piece bathroom suite, radiator 

LEASEHOLD INFORMATION
There are 125 years from 1st November 2005, there are 108 years remaining on the lease. The service charge is approximately £1144pa and the ground rent is £100pa. 

CERTIFICATES IN PLACE
Electrical Inspection Condition Report
Energy Performance Certificate 

NEED A MORTGAGE?
Why be restricted to your current or high street lenders rates?

Especially when Martin & Co can introduce you to our Mortgage Advisor with access to a comprehensive panel of over 80 lenders, including a range of off market products, offering potential savings against your current lender.

Call today to arrange a ten-minute (no obligation) telephone consultation (at a time to suit you)

One quick call could potentially save you thousands of pounds over the course of your mortgage.

Please remember, your home is at risk if you do not keep up with your mortgage repayments. 

RESERVATION AGREEMENT
Should you be successful in your offer to purchase the property and in order to place the property "under offer", you may be required to complete a reservation agreement and pay a (refundable at completion) reservation fee, details available upon request.