An excellent opportunity to purchase a one bedroomed apartment.

The apartment is currently let producing £550 per calendar month (£6600 per annum), on an Assured Periodic Tenancy Agreement. The apartment is situated on the first-floor and is well presented throughout. Situated within a desirable residential development, convenient for local amenities, the property is believed to be of interest to the investor.

Tenure

Leasehold.

Accommodation

A secure entrance door leads through to the communal entrance hall. The apartment is situated on the first-floor and comprises of an entrance door leading through to the entrance hall, Open Plan Lounge/Kitchen/Diner, Bedroom One, Bathroom, and a Storage Room.

Outside

Sees an allocated car parking space, together with shared visitors spaces.

Leasehold Information

Lease Term: 155 years from 1 January 2003 (approximately 131 years remaining). Ground Rent: Payable annually and subject to 15-yearly reviews in accordance with the terms of the lease. The current annual ground rent is to be confirmed by the seller. Service Charge: The anticipated service charge for the period 25 March 2026 to 24 March 2027 is £3,167.39 per annum, payable in two half-yearly instalments. A copy of the lease will also be included with the legal pack prior to auction - please register for the legal pack to obtain this.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Chesterfield Borough Council

Additional Fees

Buyer's Premium - £1295 plus VAT (£1554 inc VAT), payable on completion.

Administration Charge - £2340 inc VAT, payable on exchange of contracts.

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