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2 Bed Flat, Single Let, Ventnor, PO38 1PD £179,950

1 Spring Hill Court, Ventnor, PO38 1PD - 1 views - 3 years ago
  1. Deal Search
  2. Ventnor
  3. PO38
  4. PO38 1PD
Leasehold
BTL
63 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Ventnor
  • More Deals in PO38
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  • More Single Let Deals in Ventnor
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Property History

Listed for £179,950

January 17, 2023

Floor Plans

Description

  • FIRST FLOOR FLAT (GROUND LEVEL ENTRY) +
  • 2 BEDROOMS +
  • INVESTORS ONLY +
  • SINGLE GARAGE +
  • LONG LEASE +
  • QUIET LOCATION +

INVESTORS ONLY!
A purpose built First Floor (Ground Level Entry) Flat forming part of a popular development that offers easy access to the Town Centre, shops and amenities.
The well presented accommodation is warmed by electric night storage heaters and benefits from replacement uPVC double glazed windows Kitchen and upgraded Shower Room. From the Lounge and the Main Bedroom there are some pleasant open aspect views.
The property is currently rented out at £550 pcm and our vendor would like an investor to purchase to retain the current tenant. Viewing recommended. It comprises:-

Entrance Hall -

Lounge - 5.02m x 4.22m -

Bedroom One - 4.22m x 3.28m -

Bedroom Two -

Kitchen - 3.72m x 2.03m -

Shower Room -

Services - Mains, electricity, water and drainage.

Tenure - Leasehold (to be confirmed). We understand that the Flat is held on the balance of a 199 year lease from 1972 with a ground rent of £20 per annum. We understand that the current service charge is £900 per annum which includes a share of the buildings insurance and managing agents fees. We further understand that the Freehold is owned by the Residents management company of which each Flat owner has an equal share in.

Council Tax - Band B. (Can be confirmed on the Government website).

Agent Details

Arthur Wheeler Estate Agents, Shanklin

01983 219165

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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