- IDEAL INVESTMENT OPPERTUNITY +
- NO ONWARD CHAIN +
- SPACIOUS TWO BEDROOM FIRST FLOOR FLAT +
- 10 MINUTE WALK TO GLASTONBURY HIGH STREET +
- NO ANNUAL SERVICE CHARGE OR GROUND RENT +
- LEASE BEING EXTENDED TO 999 YEARS +
- PRIVATE ENTRANCE +
- NEW GAS FIRE AND ELECTRIC RADIATORS +
- COUNCIL TAX BAND - B +
- EPC - C +
A great opportunity for investment landlords with a tenant in situ, no onward chain and low running costs. A spacious two bedroom first floor flat with it's own private entrance, and only a 10 minute walk to the High Street. The flat comprises of a living room, fitted kitchen, family bathroom with shower over bath, utility room and private entrance. EPC - C, council tax band - B.
Living Room (3.73m x 4.77m / 12'2" x 15'7")
Bright and spacious living room featuring a large double glazed window for excellent natural light, fitted with a new Adore convector glass fronted gas fire and a new efficient Rointe electric radiator. There are doors leading into the kitchen and also through to the inner hall, serving the bedrooms.
Kitchen (3.73m x 2.27m / 12'2" x 7'5")
Functional kitchen with stainless steel sink, a range of wall and base units and plenty of countertop space, and a double glazed window looking out to the rear with great views out towards the Quantock Hills.
Bedroom 1 (3.7m x 3.3m / 12'2" x 10'11")
Generously sized main bedroom with double glazed window, ample room for a double bed and furniture with a new efficient Rointe electric radiator.
Bedroom 2 (2.2m x 3.7m / 7'1" x 12'1")
Second bedroom also featuring double glazed window, with a new efficient Rointe electric radiator. suitable for guests, children or as a home office.
Bathroom (1.57m x 2.76m / 5'1" x 9'0")
Family bathroom with electric shower over bath, white WC, wash hand basin, wall-mounted mirror, towel rail, tiled walls, and double glazed window providing ventilation and light.
Utility Room
Useful space located off the landing with plumbing for a washing machine, ideal for laundry and storage.
Outside
There is no private or communal garden, which contributes to the low maintenance and running costs, especially during any void period where the property is unoccupied.
While there is no allocated parking, there is ample on-street parking nearby with no restrictions.
Rental Yield
Rental Income: £860.00pcm / £10,320.00pa
Gross Yield at current price at 6.45%
Tenant in situ providing income from completion of purchase and no reletting costs.
Leasehold Details
Lease term remaining: 999 years.
Service Charge: Nill, responsive repairs only.
Ground Rent: Nill
Local Area
This property is located within a 10 minute walk of Glastonbury High Street. Glastonbury is a historic and vibrant town which is home to Glastonbury Tor and the Abbey.
Glastonbury offers both primary and secondary schools and is within a short commute to Wells Cathedral School and Millfield School.
There are supermarkets, a gym, library and a street market. Along with annual events such as the Carnival.
The closest train station is Castle Cary Station which is approximately 30 minute drive from Glastonbury and offers direct links to:
• London • Plymouth • Bristol • Bath • Gloucester • Exeter
There are also regular direct bus links to Wells, Street and Bristol from Glastonbury.