1 Market House, Market Place, Sturminster Newton DT10 1AS   01258 473030   |    2 The Centre, High Street, Gillingham SP8 4AB   01747 824547

Oake Woods, Gillingham - £93,000 For Sale


Property Details

1 1 1
***YIELD 6%***GREAT INVESTMENT OPPORTUNITY***NO ONWARD CHAIN***
A great opportunity to purchase a first floor purpose built apartment presented to the market with no onward chain and ideally situated close to the train station and within walking distance to the town centre. The property is offered for sale in excellent order- benefiting from uPVC double glazing, economy 7 electric heating and allocated parking. This bright and easy to use apartment would make a great first time buy or buy to let investment with a potential monthly rental of £490 or even as a UK base. An early viewing is strongly recommended to avoid missing out on the chance to purchase this lovely apartment.

In brief, the apartment consists of good sized inviting entrance hall with large storage cupboard, open plan living space with kitchen area fitted with floor cupboards and spaces for appliances, double bedroom and bathroom. Outside there is an allocated parking space and a secure bike store.

Energy Efficiency Rating tba - Council Tax Band A - DRAFT DETAILS

ACCOMMODATION

Inside

Entrance Hall

Front door with spy hole opens into a good sized inviting entrance hall. Ceiling light. Entry phone. Coat hooks. Economy 7 electric heater. Power and telephone points. Cupboard housing the hot water cylinder. Large storage cupboard housing the electrics. White panelled doors to all rooms.

Open Plan Living (3.28m'' x 5.44m'' / 10'9'' x 17'10'')

Sitting Area - Window to the side and rear. Ceiling light. Economy 7 electric heater. Power, telephone and television points.
Kitchen Area - Window with tiled sill to the rear. Ceiling light. Extractor fan. Ample power points. Fitted with floor cupboards and separate drawer unit. Work surface with tiled splash back. Stainless steel sink and drainer with mixer tap. Space and plumbing for a washing machine. Space for a slot in electric cooker. Space for fridge/freezer. Wood effect vinyl flooring.

Bedroom (2.87m'' x 3.61m'' / 9'5'' x 11'10'')

Window to the side elevation. Ceiling light. Wall mounted electric panel heater. Power points.

Bathroom

Ceiling light. Extractor fan. Suite consisting of bath with mixer tap and shower attachment plus full height tiling to surrounding walls, pedestal wash hand basin with tiled splash back and shaver socket to one side and a low level WC with economy flush facility. Wall mounted electric towel rail. Wood effect vinyl flooring.

Outside

Parking

There is allocated parking to the side of the property and a secure bike store.

Important Information

Term of Lease................... 125 years
Unexpired Term............... 113 years
Ground Rent..................... £205.37 per annum
Maintenance.................... £85 per annum
Service Charge.................. £97.10 per month
Potential Rental Income .£490 per calendar month - yield 6%

Directions

From the Gillingham Office

Proceed right from the office heading up the High Street. Turn right into Station Road. At the traffic lights go straight over towards the train station. Turn right into Oake Woods. Continue forward and bear to the left hand side. The property will be found a short distance on the left hand side.