This ground floor apartment, in a converted house, is located in the desirable village of Newborough. Close to local schools and amenities, the property is being sold with NO ONWARD CHAIN and the benefit of the FREEHOLD title as well as SOLAR PANELS with a feed-in tariff. Ideal as a first time purchase, early viewing is recommended.The property benefits from solar panels, on a 3.6kw PV system with a Feed-in-Tariff running to 29th July 2037, providing approximately £1,000 of annual income.The accommodation comprises entrance hall, utility area, living room, kitchen/breakfast room, two bedrooms and bathroom. Outside there is a courtyard garden to the rear and off road parking to the front.The property benefits from gas central heating and UPVC double glazing.EPC Rating - B Council Tax - Band A LEASEHOLD/INVESTOR INFORMATION: Lease: 999 years from 1st April 2016 Service charge: TBC, subject to purchase of freehold titleRental income potential: £850-900pcm.
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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