2 Bed Flat For Sale

A spacious first floor 2 bedroomed apartment, conveniently situated in the centre of Newark, close to St Mary's Church and adjacent to the Georgian market square.

The property provides a gross internal area of 750 sq ft approximately to include an entrance hall, sitting room, kitchen and split level bedroom accommodation with double and single bedrooms and a bathroom. Central heating and appliances are all electric.

The property is currently let to shorthold tenants, yielding a gross income of £7,800 per annum, inclusive of service and maintenance.

This amazing and wonderful location within the town centre conservation area, we consider is very special indeed. Within 5 or 10 minutes walking distance of the property our Newark Northgate station with regular train services to London Kings Cross and journey times of just over 75 minutes, also Leeds north and York are readily available. Castle station is a similar distance and provides regular rail services to Lincoln and Nottingham. The town is situated on the crossroads on the A46 and A1 trunk roads and the town is well situated for commuting to Nottingham, Leicester and Lincoln.

The town centre in which this property is situated is steeped in history and character. The beautiful grade I listed parish Church of St Marys is immediately adjacent to the property and notable for the spire being the highest in Nottinghamshire. Close by are the National Civil War Centre, the Palace Theatre, the 12th century castle and riverside areas. The town centre with its cobbled marketplace is well known for Georgian and earlier buildings as well as its twice weekly general markets and flea markets. Apart from the market place, within a 5 minute walk are multiple shops, boutiques, restaurants and cafes.

The conversion of this property, incorporating 5 flats was completed in 2007 with the conversion of the historic Moot Hall, re-built circa 1967 in the style of early Queen Anne architecture. There is a communal ground floor access lobby and audio intercom system.

The property nicely presented and decorated provides the following accommodation;

Ground Floor - Intercom entry system and secure entrance door.

Ground Floor Entrance Lobby - With communal staircase.

First Floor - Entrance lobby, entrance hall with night storage heater.

Lounge - 5.4 x 3.1 (17'8" x 10'2") - Electric night storage heater and pleasant aspect of the church.

Kitchen - 3.55 x 3.83 (11'7" x 12'6") - Wall cupboards, base units, working surfaces incorporating a stainless steel sink unit and drainer. Integrated electric hob and electric oven. Recessed ceiling lighting and again a pleasant aspect of the church.

Four steps from the hall lead to an upper landing area.

Bedroom One - 4.9 x 2.8 (16'0" x 9'2") - Electric panel heater.

Bedroom Two - 3.5 x 2.2 (11'5" x 7'2") - Electric panel heater.

Bathroom - 1.83 x 2.26 (6'0" x 7'4") - Bath with chrome shower attachment and glass screen. Recessed lighting, pedestal basin and low suite W.C. Electric heated towel rail.

Note - All windows are sealed unit double glazed.

Tenure - The property is leasehold for a term of 125 years from 2nd August 2007.

Service Charge - For the year 31st March 2022 £631.33
1 years ground rent from 1st April 2022 £50
Building Insurance 2022 £425

The apartment is currently let on an assured shorthold tenancy (dated 1st April 2022) for a term of 12 months. Rent £650 per calendar month, inclusive of service and maintenance. There is a surety deposit of £550.

Services - Mains water, electricity and drainage are connected to the property.

Possession - The property is offered subject to the existing shorthold tenancy agreement.

Mortgage - Mortgage advice is available through our Mortgage Adviser. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Viewing - Strictly by appointment with the selling agents.

Council Tax Band - A with Newark & Sherwood District Council.