- First Floor Duplex Apartment
- 1 Bedroom
- Spacious Hallway
- Living Room & Separate Kitchen
- Bedroom & Bathroom on Upper Floor
- Allocated Parking Space
- Council Tax Band: A
- EPC Rating: C77
- Tenure: Leasehold
- RENTAL YIELD 8.9%
1 Bedroom Flat for sale in Grantham
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1
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*INVESTMENT PROPERTY* - A 1 Bedroom First Floor Duplex Apartment with Allocated Residents Parking being located within walking distance of Grantham Town Centre and currently Tenanted with a Rental Yield of approx. 8.9%.
General Information
Situated within easy walking distance of Grantham Town Centre, Grantham College and KGSS as well as being well placed for access to local amenities, this gas centrally heated and double glazed, one bedroom duplex apartment would make an ideal investment and is offered to the market with no chain.
Being currently tenanted on an Assured Shorthand Tenancy at £595 per calendar month, the property is offered either with vacant possession or with tenant in-situ.
The accommodation in more detail is as described below:
Detailed Accommodation
Communal Entrance Hall
With staircase to first floor.
Private Entrance Hall
With entrance door leading to hallway with coving, staircase and access to:
Living Room
13' 1'' x 9' 4'' (4m x 2.85m)
With coving, uPVC double glazed window to front elevation and useful storage cupboard.
Kitchen
9' 10'' max x 9' 0'' max (3m x 2.75m)
With a range of white base and eye level Kitchen units having draw, cupboard and shelf space, granite effect rolled edge worktop incorporating stainless steel sink and drainer with hot and cold mixer tap over, integrated fridge/freezer, washing machine, built-in oven with hob and extractor over, coving to ceiling and vinyl flooring.
On the First Floor
Staircase and Landing
With staircase leading to:
Bedroom
13' 5'' x 9' 4'' (4.09m x 2.85m)
With Velux roof light, TV aerial point and loft access hatch.
Bathroom
Benefitting from Velux roof light, vinyl flooring, extractor fan and white 3 piece bathroom suite comprising panelled bath with shower attachment over and shower screen, pedestal wash hand basin with tiled splashbacks and low flush wc.
Outside
Gated access leads to the rear of the property where there is residents parking. The property benefits from 1 allocated parking space.
Tenure
The property is understood to be Leasehold with a 999 year lease which commenced 1st August 2005 (978 years remaining).
The 2023-2024 services charges on the property are:
Service Charge: £87 per month
Ground Rent: £50 per Year
2025-2026 services charges TBC.
Please be advised that the property is subject to an assured shorthold tenancy agreement with a rental income of £595pcm.
Council Tax Band
Council Tax Band: A
EPC Rating
EPC Rating: C77
Disclaimer
These particulars and floorplans are in draft form only awaiting Vendor approval but are set out as for guidance only and do not form part of any contract or PIA. Interested parties should not rely on them and should satisfy themselves by inspection or other means. Please note appliances, apparatus, equipment, fixtures and fittings, heating etc have not been tested and cannot confirm that they are working or fit for purpose. All measurements should not be relied upon and are for illustration purposes only. The details may be subject to change. Additional Material Information on the property can be found via the SKDC planning portal, Ofcom and Gov.com Flood Risk.
Money Laundering Regulations
We are required to carry out anti-money laundering checks on all parties involved in the sale or purchase of property. To enable us to do this, once a purchaser(s) has had their offer accepted (STC) our partner Movebutler will send a secure link to conduct the relevant HMRC & ID checks on our behalf. The cost of this is £30 (including vat) per person and is non-refundable. The checks must be completed before a memorandum of sale can be generated and sent to Solicitors confirming the sale. If you require any further details prior to submitting a formal offer contact our office on 01476 576688.
THINKING OF SELLING OR RENTING?
Thinking of Selling or Renting? Charles Dyson are Grantham's exclusive member of the Guild of Property Professionals with a network of over 800 independent offices. We are always delighted to provide free, impartial advice on all property matters.
Important Information
- This is a Leasehold property.
Property Ref: EAXML11602_12463470
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Charles Dyson Estate & Lettings Agents (Grantham)
Finkin Street, Grantham, Lincolnshire, NG31 6QZ
01476 576688
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