This property is no longer available
  • flat
  • bedrooms

Property photos

Property description

*GROUND FLOOR APARTMENT* *TWO BEDROOMS* *GROSS RENTAL INCOME £5,700PA* *UPVC DOUBLE GLAZING* *GAS CENTRAL HEATING* *ALLOCATED CAR PARKING* *CLOSE TO TOWN CENTRE* *IDEAL INVESTMENT WITH SITTING TENANT*

A modern ground floor apartment built circa 2006 offering an ideal opportunity for a buy-to-let investor. Hall, 15' lounge, kitchen with appliances, two bedrooms, bathroom, allocated car parking space. Newark town centre 1 mile. Viewing highly recommended.

Newark is an attractive market town. The apartment is situated approximately 1 mile from Newark's town centre where amenities include Asda, Morrisons, Waitrose and Aldi supermarkets, a Georgian market square with regular markets and a variety of niche and chain shops, quality bars, restaurants and cafes including Starbucks and Costa. There is primary and secondary schooling of good repute and a general hospital. Fast trains are available from nearby Newark Northgate Station with a journey time to London Kings Cross of approximately 75 minutes. Newark has excellent bus and rail links to Nottingham and Lincoln.

The Leasehold ground floor apartment offers the following accommodation:

Entry phone, communal entrance area and front entrance door giving access to:-

Entrance Porch - With laminate floor covering.

Inner Hallway - With built-in cupboard, laminate floor covering and radiator.

Lounge - 4.55m x 3.38m (14'11 x 11'1) - With two UPVC double glazed windows to front elevation, laminate floor covering, telephone point, TV point and two radiators.

Kitchen - 2.69m x 2.64m (8'10 x 8'8 ) - Having kitchen units comprising wall cupboards, fitted base cupboards and drawers with working surfaces above, inset stainless steel sink and drainer. Appliances include an integrated gas hob, electric oven and extractor. Plumbing for automatic washing machine. Tiled splash backs and ceramic tile floor covering. UPVC double glazed window to front elevation and radiator.

Bathroom - Having suite comprising panel bath with shower over, pedestal basin and low suite WC. Extractor and radiator. Part tiled walls and ceramic tile floor covering. UPVC double glazed window to rear elevation.

Bedroom One - 3.45m x 2.67m (11'4 x 8'9) - With UPVC double glazed window to rear elevation and radiator.

Bedroom Two - 2.90m x 2.34m (9'6 x 7'8 ) - UPVC double glazed window to rear elevation and radiator.

Outside - There is an allocated car parking space.

Agents Note - The photographs contained within this brochure were taken prior to the current Tenants occupation of the property.

Services - Mains water, electricity, gas and drainage are all connected to the property.

Tenure - The property is Leasehold and has a 150 years lease granted from 2006.
We are advised that the ground rent is paid in two payments of £101.50 per annum and the service charge is circa £1,162 per annum.

Possession - The property will be sold subject to an existing Assured Shorthold Tenancy.

Mortgage - Mortgage advice is available through our Mortgage Adviser. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Viewing - Strictly by appointment with the selling agents.
Read more

Council tax

Ask agent

First listed

Over a month ago

Enegy Performance Certificate

Barrows Gate, Newark

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Monthly repayment

The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Richard Watkinson & Partners - Kirk Gate. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Richard Watkinson & Partners - Kirk Gate for full details and further information.
2 bedroom flat for sale - powered by