Ideal residential investment opportunity comprising a duplex ground floor apartment close to Kettering town centre

With the benefit of an open plan living space with a modern fitted kitchen, two bedrooms, a shower room and a parking space. The property is currently let on a periodic Assured Shorthold Tenancy at a rent of £650 per calendar month. There is gas fired radiator central heating and PVCu double glazing and the property is let on a long lease.

Tenure

Leasehold

Accommodation

Entrance, living/kitchen are, shower room and bedroom two. Lower ground floor bedroom

Outside

There is a communal area and reserved parking for one vehicle.

Tenancy

There is a periodic Assured Shorthold Tenancy with a passing rent of £650 per calendar month. A copy of the Tenancy Agreement is available within the legal pack.

Terms of the Lease

The property is available for sale with the benefit of a 99 year lease commencing 26th October 2001. The current ground rent is £25 payable every six months and the service charge is estimated at £250 payable half yearly.

Photographs

The property is currently tenanted and the internal photographs used for marketing show the property when it was vacant.

Services

Main drainage, gas, water and electricity are connected. Central heating is through radiators from a combination gas fired boiler which also provides the domestic hot water. (None of these services has been tested).

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Kettering Council

Solicitors

Michael Hill Partnership, 119 London Road, Leicester LE2 0QT, Ref: Karl Dunkley, Tel: 0116 2046 308

Additional Fees

Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.