EweMove are delighted to present this one-bedroom, third floor, town centre apartment to the market. Converted in 2018/19 and finished to a high standard, this third floor flat is offered with no onward chain. It features an open-plan kitchen/living area with integrated appliances, a spacious double bedroom, and a modern shower room. With electric heating and double glazed windows. Additional benefits include a secure allocated parking space and a basement lockup. An ideal opportunity for first-time buyers or investors. At current market rents, based on the asking price a gross yield in excess of 7% is achievable. Ground Rent: We have been advised that the ground rent is £270 per annum. It is reviewed every 5 years, the next review being 2028. The updated ground rent will be formaul adriven and linked to RPI. Service charges are paid on Jan 1 and July 1 each year and reviewed annually. For the period 01/01/2025 to 30/06/2025 is £587.38 of which £113.80 is allocated to a reserve fund. The service charge for the second half of the year is £420.83. Material Information Part B Property type- 1 bed third floor flatConstruction type - Standard, built 2018Number and type of rooms - refer to listing details and floorplan Heating - Electirc radiatorsElectricity supply - Mains Water supply - Mains Sewerage - Mains Broadband - Ultrafast at 1,000 mbps available as stated by Ofcom Mobile signal - EE, Vodafone, Three and O2 are likely as stated by Ofcom Parking - 1 allocated spaceMaterial Information Part C Flood and erosion risk - Information sourced from the Environment agency website. The property has not been flooded in the last 5 years. Surface water - Yearly chance of flooding - very low Surface water - Yearly chance of flooding between 2040 and 2060 - very low River and sea - Yearly chance of flooding - very low River and sea - Yearly chance of flooding between 2036 and 2069 - very low Other flood risks - Groundwater - unlikely. Reservoir - unlikely. Planning permission and development proposals - No records on the Local Authority website to affect this property. Property accessibility and adaptations - No measures adopted. Coalfield or mining area - Not applicable. Other disclosures Conservation area - Yeovil
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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