Property Description

DRAFT DETAILS Situated within yards of the train station and City centre is an extremely well appointed basement studio apartment located in Amber House which boasts a wealth of character and charm throughout. The apartment is currently let on a reduced AST at £450 per calender per month (£5,400pa) and with vacant possession now available from the 12th September 2022. In our opinion, based on comparable evidence, the estimated rental income will likely achieve £525 per calendar month (£6,300 per annum), this would equate to an impressive 14% based on the guide price. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. There is a communal entrance hall with internal door leading down to the basement studio apartment which consists of an open plan living kitchen/bedroom measuring 15ft2 x 11ft1 with refitted kitchen having quality built in appliances and a thoughtfully designed en-suite shower room. Outside there are electronic gates which provide access through to the communal parking area along with an allocated parking space. Potential investment opportunity.

Communal Entrance Hall

Entered by door to front and with internal door leading through to the basement where there is a corridor leading through to Apartment 10.

Apartment 10

Comprising -

Open-Plan Living Kitchen/Bedroom 15ft 4 x 11ft 7

With double glazed window, quality refitted kitchen in gloss units comprising a range of wall mounted cupboards with matching base units, L-shaped preparation surface with a stainless steel Franke sink with mixer tap, Neff stainless steel built in electric oven, four ring hob, cooker hood over. Wood grain effect laminate floor covering, range of down-lighters, sprinkler system, power point, television point, electric panel heater and fire door.

Bathroom 6ft 1 x 4ft 1

Comprising a generous sixed enclosed shower, concealed low level wc, vanity wash hand basin with cupboard beneath, range of down lighters, extractor fan, chrome laddered heated towel rail.

Outside

There is a driveway with decorative wrought iron electronic gates leading through to the block paved communal parking area where there is an allocated parking space.

Note

Length of lease: 999 years from 01/01/17. Current ground rent: TBC. Ground rent review period: TBC. Current service charge: TBC. Service charge review period: TBC. This information should be clarified in the legal pack and we’ll update the information above when we receive it.

Note

Images were taken in 2018. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure

Leasehold

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