1 Bed Apartment For Sale

INVESTORS ONLY. A modern second floor apartment offered for sale with the opportunity to purchase a share of the freehold. Situated within the ever popular new-town of Cranbrook with amenities close by and excellent road and rail links into Exeter City Centre, c.6 miles.

Offering a double bedroom, kitchen, living room, bathroom & ALLOCATED PARKING. Tenants in situ.

ENTRANCE HALL

Carpeted. Radiator. Fuse board. Smoke Alarm. Intercom telephone system. Thermostat. Doors to:

STORAGE CUPBOARD

Housing boiler. Ample storage.

BATHROOM - White suite comprising low level WC, pedestal wash hand basin with tiled splashbacks, bath with mains shower over and tiled splashbacks. Vinyl flooring. Radiator. Extractor fan.

BEDROOM - A very good size double bedroom with views to the front. uPVC double glazed window. Radiator. Carpeted.

LIVING ROOM - Carpeted. uPVC double glazed French doors with Juliette balcony with views to the front. uPVC double glazed TV and telephone points, carpeted.

KITCHEN - Modern kitchen with a range of white wall and base units providing plenty of storage. One and a half bowl stainless steel sink unit. Built in electric hob and oven. Space and plumbing for washing machine. Space for fridge/freezer. uPVC double glazed window to the rear. Vinyl flooring. Radiator. Extractor fan. Smoke alarm.

OUTSIDE

There is one allocated parking space. A bin store and bike store.

COUNCIL TAX Band A

LETTINGS NOTE

The length of the lease is 125 years from 1st January 2012.

The service charge for the year 1st January to 31st December 2023 is £1,341.55.

Share of the ground rent for 2023, as a joint freeholder, is an income of £300.

The property is currently achieving a rental figure of £775.00 per calendar month.

PLEASE NOTE:

Our business is supervised by HMRC for anti-money laundering purposes. If you make an offer to purchase a property and your offer is successful, you will need to meet the approval requirements covered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. To satisfy our obligations we use an external company to undertake automated ID verification, AML compliance and source of funds checks. A charge of £10 is levied for each verification undertaken.