Property description
A ground floor apartment in an end-of-terrace property located within the heart of Faringdon and perfect for a first time buyer or investment opportunity. The property is offered for sale with no onward chain.
The accommodation comprises an entrance hall, benefiting from a large storage cupboard, leading to a sitting room with dual aspect windows which in turn opens to a kitchen with fitted units and ample space for appliances. The bedroom lies to the rear of the property and has secondary glazing to the window and the bathroom, which comprises an adapted sit-in jacuzzi bath, WC and wash hand basin, completes the accommodation.
Outside, the property further benefits from an allocated parking space and the use of communal gardens to the rear.
The property is understood to have a 99 year lease from 1985 and there is a service charge of £205 per half year payable to the maintenance company, First Port. The ground rent is currently £50 per annum but will be increased to £100 per annum from 2019 and to £150 from 2052 for the remainder of the term of the lease.