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Sold Subject to Contract - Ground Floor Flat
Audley Avenue, Newport

Offers In Region Of £100,000

Bed icon  1    Bath icon  1    receptions icon  1

A great opportunity to purchase an investment property. A currently tenanted One Bedroom Ground Floor Apartment situated conveniently within a half mile of Newport Town Centre. Current rent £425.00 PCM

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Newport Branch
01952 820239

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Newport Branch
30 High Street, Newport, Shropshire, TF10 7AQ
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Opening Hours
Monday to Friday: 8.45am to 5.30pm
Saturday: 9.00am to 4.00pm

Property Summary

  • Attractive Ground Floor Apartment
  • Great Investment Property
  • Currently Tenanted with rent of £425.00 per month
  • One Bedroom
  • Kitchen Living Dining Area
  • Service Charge - £89.77 Quarterly
  • Ground Rent - £150.00 annually
  • Leasehold Property
  • Car Parking Space, Council Tax Band A
  • EPC Rating - B

Property Full Details

BRIEF DESCRIPTION A fabulous opportunity for investors to purchase this Ground Floor Apartment, within walking distance of Newport Town Centre. The property is currently tenanted and brings in an annual gross income of £5,100

The accommodation comprises: Entrance Hall, Kitchen Living Dining Room, One Bedroom, Bathroom and Car Parking Space. To the rear of the property there is a lawned garden drying area and communal bin storage.

LOCATION The property is just 0.5 miles from Newport's busy High Street, with its mix of shops, boutiques, cafes, pubs and a Victorian indoor market - and is within the catchment area of Newport's highly regarded Primary, High and Grammar Schools.

A wider selection of shops, amenities and employment opportunities are available in Telford, Stafford and Shrewsbury - and the excellent rail connections from Telford and Stafford mean Birmingham and Manchester are in commutable distance.


ACCOMMODATION

COMMUNAL ENTRANCE HALL With tiled floor and lighting.

Front door on the ground floor to:

ENTRANCE HALL With smoke alarm, storage cupboard and door through to:

KITCHEN LIVING DINING ROOM 15' 9" x 16 Overall ' 0" (4.8m x 4.88m) Kitchen Area - With a range of base cupboards and drawers with single drainer sink unit, work surfaces over, freestanding electric oven and grill, plumbing for automatic washing machine, space for fridge freezer, wall mounted gas central heating boiler, tiling to splash area.

Living Dining Area - With radiator and French door with glazed side panels leading to communal garden area to the front.

BEDROOM ONE 11' 0" x 7' 0" (3.35m x 2.13m) With radiator and fitted wardrobes across one wall.

BATHROOM With panel bath with mixer shower attachment, hand rail, shower rail and curtain, pedestal wash hand basin, low level W.C. and radiator.

EXTERNALLY To the rear of the property there is a further lawned garden drying area and communal bin storage area.

TO VIEW THIS PROPERTY To view this property, please contact our Newport Office, 30 High Street, Newport, TF10 7AQ or call us on 01952 820239. Email: Newport@barbers-online.co.uk

DIRECTIONS From our office head south on High Street, continue onto Upper Bar, turn left onto Avenue Road, turn right onto Audley Ave and the property will be will be on the left hand side as identified by our For Sale Board.

SERVICES We are advised that all mains services are available. Barbers have not tested any apparatus, equipment, fittings etc or services to this property, so cannot confirm that they are in working order or fit for purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor.

LOCAL AUTHORITY Telford & Wrekin Council, Southwater One, Southwater Square, Southwater Way, Telford, TF3 4JG. Tel: 01952 380000

EPC RATING - B-67 The full energy performance certificate (EPC) is available for this property upon request.

PROPERTY INFORMATION We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract.

AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request.

LEASEHOLD We are advised that the property is Leasehold and there are approximately 91 years remaining on the lease (125 year lease granted 1st May 1988). There is currently a tenant in occupation and the present rent is currently £425.00 per calendar month.



SERVICE CHARGE AND GROUND RENT There is a block annual Service charge which is currently £359.08 which is split quarterly to £89.77 and Ground Rent which is currently £150.00 annually which is split into half yearly payments of £75.00.

TENURE We are advised that the property is Leasehold and this will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries.

METHOD OF SALE For Sale by Private Treaty.

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