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

New Road, Gillingham - £110,000 Sold Subject to Contract


Property Details

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A wonderful opportunity for a buy to let INVESTOR to purchase a first floor apartment with two bedrooms and the tenant in situ. The apartment is located in a popular residential area, within walking distance to the mainline train station, town centre and schooling for all ages. The property has been owned by the seller for in excess of ten years and during this time has been a very successful rental property. Internally, the apartment offers good sized bright accommodation benefitting from partial rural views to the rear, uPVC double glazed windows and electric heating. The apartment is currently let out with a monthly rental income of £500.00 on an assured shorthold tenancy agreement, which is reviewable in May 2022. The apartment must be viewed to really appreciate the space, easy to use layout and its location.

ACCOMMODATION

Inside

Hall

Timber front door opens to a staircase rising to the first floor and the apartment. Panelled door opens into the hall. Ceiling light. Smoke detector. Access to the loft space. Wall mounted electrical consumer unit. Wall mounted electric heater. Airing cupboard housing the hot water cylinder. Laminate flooring. Doors to the bathroom, bedrooms and to the:-

Sitting/Dining Room (4.17m'' x 3.53m'' / 13'8'' x 11'7'')

Maximum measurements - Window overlooking the road with partial rural view in the distance. Ceiling light. Economy 7 electric heater. Power, telephone and television points. Laminate flooring. Arch to the:-

Kitchen (4.17m'' x 2.21m'' / 13'8'' x 7'3'')

Boasting a double outlook with window to the side and rear with partial countryside view in the distance. Ceiling light. Economy electric heater. Power points. Fitted with a range of wood grain effect kitchen units consisting of floor and eye level cupboards. Generous amount of work surfaces. Part tiled walls. Stainless steel sink and drainer. Space and plumbing for a washing machine. Space for a fridge/freezer. Space for an electric slot in cooker. Breakfast bar. Laminate flooring.

Bedroom One (0.43m'' x 2.54m'' / 1'5'' x 8'4'')

Window to the rear. Ceiling light. Wall mounted electric heater. Power points. Laminate flooring.

Bedroom Two (3.18m'' x 2.62m'' / 10'5'' x 8'7'')

Window to the rear. Ceiling light. Power points. Laminate flooring.

Bathroom

Obscured glazed window to the side elevation. Ceiling light. Extractor fan. Wall mounted electric heater. Fitted with a suite consisting of bath with electric shower over and tiled splash back, pedestal wash hand basin with tiled splash back and low level WC with dual flush facility.

Outside

Parking

To the front of the property there is a parking area with an allocated space for the apartment.

Important Information

Term of Lease - 125 years
Unexpired Term of Lease - 125 years
Ground Rent - £100 per annum to be reviewed in 2046
Monthly Charge including Ground Rent - £102

Directions

From Gillingham

Turn right out of the office and head up the High Street. At the roundabout take the first exit heading towards Shaftesbury and take the right hand lane. Turn right at the traffic lights heading towards Sturminster Newton. Continue for a short distance where the entrance to Meadowcroft is on the left hand side. The apartment is the on the left fronting the road. Postcode SP8 4SR.