Brand New to the sales market is this modern one bedroom, one bathroom retirement flat on Dacre Street, Morpeth. This property is a fabulous investment opportunity for tranquil retirement or an individual looking to become a landlord or expand their rental portfolio. Additionally, the home is a short commuting distance from an array of practical amenities such as local shops, supermarkets, and restaurants.Vacant possession with no upper chain.Upon entry finds a welcoming living area which presents plenty of space for furnishings and a fully fitted electric fireplace. This room leads directly into the fully fitted kitchen, with white cupboard doors giving this room a clean, modern look. The kitchen comes equipped with an oven, hob, and an extractor hood and offers ample room for storage. The main bedroom benefits from a fitted wardrobe with floor-to-ceiling mirrors and is conveniently equipped with an emergency handle.The building offers a delightful communal living space, perfect for relaxing, meeting new friends, and socialising.In addition, this property has central heating and immaculately maintained shared grounds with lawn space, mature trees, and shrubs.Council Tax Band: C Tenure: leasehold - 85 years remainingGround Rent: ?450 per annum Service Charge: ?2,500 per annum
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.
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