Hunters Cheltenham are delighted to offer this rare opportunity to buy a double bedroomed ground floor apartment/maisonette within the highly desirable and very fashionable Suffolks district, at a more than reasonable asking price. This property comes with no onward chain, in excess of 950 years remaining on the lease and a 50% share of the freehold.
This fine property would make a very attractive first buy or a particularly lucrative rental investment having previously achieved a gross yield of over 6%/annum.
Located just passed the famous Bath Road with its proliferation of bars, restaurants, cafes and shops, the property is set on the corner of Great Norwood Street and Andover Road and is eligible for a local parking permit with guest passes.
The property consists of a simple layout with A generous 16' Living room/kitchen with modern units and newly refreshed décor. A well presented double bedroom lies just of the living area with the recently re-fitted luxury shower room off the bedroom.
SUMMARY: This fabulous town located apartment offers an unbeatable local facilities and is a safe and privileged location to reside in. The property is cheap and simple to maintain and run with gas central heating and modern fittings throughout. Technically being a maisonette, the property has no communal areas and is therefore there are no communal 'block charges' monthly and maintenance fees often associated with flats. The owner will control 50% of the freehold with the owners of the first floor. This is the most sought-after style of apartment on the market.
All viewings strictly are by appointment only
ONE BEDROOM | APARTMENT/MAISONETTE | GROUND FLOOR | THE SUFFOLKS | NEWLY DECORATED | BATH ROAD SHOPPING | SHARE OF FREEHOLD | LONG LEASE | NO CHAIN | PRIVATE REAR COURTYARD | CLOSE TO MONTPELLIER | GCH | EPC RATING: D | FIRST TIME BUYER | EXCELLENT BUY-TO-LET
Living Area / Kitchen - 3.62 x 5.03 (11'10" x 16'6") -
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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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