- 4th Floor apartment +
- Currently tenanted +
- Rental income £12,000 pa +
- Tenancy on a monthly rolling contract +
- Lease: 999 years from 29 September 1999 +
- EPC rating C +
- Council tax band E +
- 2 Double bedrooms +
- 2 Bathrooms +
Centrally located just off Park Row is this two double bedroom apartment on South Parade. The apartment is currently tenanted on a monthly rolling contract. The property is situated on the 4th floor of a former bank office and has a grand marble staircase entrance and lift to all floors.
THE PROPERTY The apartment comprises; Hallway, open plan living area with large windows overlooking South Parade. A step up to the Kitchen which has a range of fitted units, electric oven, hob, fridge / freezer and washing machine.
Two double bedrooms, one with a shower room ensuite. House bathroom with a shower over the bath.
INVESTMENT INFORMATION The apartment is currently tenanted at £1,000 pcm. The tenancy is currently on a monthly rolling contract.
Rented furnished.
LEASEHOLD INFORMATION Lease: 999 years from 29 September 1999
Ground rent £260 pa
Service charge for 2025 £2,813.42 pa
COMMUNAL ENTRANCE Fob entry system. Mail boxes and lift to all floors.
HALLWAY Good size hallway with two storage cupboards, one housing the hot water cylinder.
LIVING AREA 26' 10" x 11' 9" (8.20m x 3.60m) max The open plan living area has large windows and electric heating.
KITCHEN (Open Plan) The kitchen has a range of fitted units with integrated electric oven, four ring hob and washing machine.
BEDROOM ONE 4' 7" x 8' 6" (1.40m x 2.60m) The first double bedroom has fitted wardrobe and access to the ensuite. Electric wall mounted heater.
ENSUITE Ensuite with shower cubicle, hand basin and W.C.
BEDROOM TWO 13' 7" x 9' 6" (4.15m x 2.90m) max The second double bedroom has feature wall lighting and electric heater.
BATHROOM The main bathroom comprises; bath with shower over, hand basin and W.C.