** ATTENTION INVESTORS - CURRENT NET YIELD OVER 6.5% **
Benefitting from a long lease and no ground rent charges this is an ideal first time or investment buy - Located between the towns of Warwick and Leamington Spa this spacious two double bedroom first floor flat is within a small development located just off the Emscote Road and offers an attractive opportunity to add further value also if desired.
With gas central heating and ample storage it briefly comprises; Secure communal entrance, private entrance hall, spacious and light open plan living dining room, kitchen, family bathroom, airing cupboard and two double bedrooms. To the outside there is parking on street. Offered with no forward chain.
Located 1.3 miles from Warwick Centre, 2.2 miles from Leamington Spa Centre and 300 metres from the Tesco Superstore, a local pub and independent eateries. The canal is accessed approximately 200 hundred metres away allowing rural walks into either town and access to St. Nicholas park or Victoria park. A bus stop is at the end of the road with a regular service also.
AGENT NOTE
Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Hall 1.72m x 3.02m x3.2m x0.81m
L' shaped room - Radiator, ceiling lights and doors to all rooms. Three large built in storage cupboards with shelving and access to meters for gas, water and electricity.
Living/Dining Room 3.55m reducing to 2.34m x 6.16m
Open plan room with two radiators and two double glazed uPVC windows to the Front Aspect. Wall mounted shelving, TV point ceiling lights.
Kitchen 2.10m x 2.54m
A range of built-in wall and base units with stone effect work surface over and inset stainless steel sink with drainer and mixer tap over, tiled splashbacks, space for oven, hob, fridge/freezer and washing machine. Grey wood effect laminate flooring. Double glazed uPVC window with obscure glazing facing the rear. Radiator and ceiling light. Wall mounted gas boiler.
Bedroom 1 3.09m x 3.93m
Double bedroom, double glazed uPVC window facing the rear. Radiator and ceiling light.
Bathroom 1.59m x 3m
Partially tiled comprising white three piece suite with low level WC, panelled bath with shower overhead and pedestal sink with mixer tap over. Double glazed uPVC window with obscure glazing facing the rear. Radiator, ceiling light, laminate flooring and extractor fan.
Bedroom 2 3.70m x 2.12m
Double bedroom, double glazed uPVC window facing the side. Radiator and ceiling light.
Communal Entrance Secure entry system with remote access and intercom, external lighting. Radiator and further internal lighting.
Additional Information There is a rear patio space and clothes drying area with side access back to the front of the block. In addition are a number of secure brick built sheds, to which this flat has one for external safe and dry storage if required.
Parking is on street and located immediately outside the property.
Lease Details Lease- We are advised there is circa 172 years remaining on the lease and the service Charge is £132 per month to include Building Insurance. this information will be verified by your chosen legal representative