Property description
INVESTMENT OPPORTUNITY with existing Tenant producing a 4.5% YIELD. One of 2, 2 bedroom apartments in a purpose built block of only 4. This first floor apartment has well designed accommodation with a large living/dining room and 2 double bedrooms. Outside is a private car park and to the rear is a communal garden. The property is located close to local bus routes into both Reading and Henley Town centres and is 0.3miles of the centre of Sonning Common village. EPC RATING:C.
LOCAL INFORMATION The village of Sonning Common is located within South Oxfordshire. The is a range of schooling form playgroups to secondary education and an extensive range of amenities including the village stores, chemist, vet, post office, churches, village hall, library, recreation grounds and an award winning Health Centre. The area also boasts a variety of woodland walks and bridle paths and there are many country pubs within a few miles walk or drive. There is good access to the nearby towns of Reading and Henley on Thames and the M4 and M0 motorway networks.
ACCOMMODATION The apartment has its own private entrance with internal staircase leading to the first floor.. From the entrance hall, a door opens into the living/dining room. This room has a large window overlooking the front and is tastefully decorated. An inner hall gives access to the kitchen, bathroom and 2 bedrooms. The kitchen is fitted with a new range of maple wood wall and base cabinets, with an attractive worktop, integrated oven, fridge freezer and electric hob and ceramic tiles to the walls and floor. There is space for all the other kitchen appliances. The bathroom has a white suite with a contemporary \"shower bath\", low level wc and an inset wash basin in a vanity unit. The 2 double bedrooms overlook the gardens at the rear and bedroom 1 has a range of built in wardrobes across the width of one wall. The combination boiler was installed approximately 6 years ago and services the gas fired central heating and hot water.
OUTSIDE SPACE To the front is private off road parking for the apartment owners. To the rear are communal gardens for the residents' use.
LOCAL AUTHORITY and SERVICES All mains services are connected.
South Oxfordshire District Council Tax Band: C
CONVEYANCING Through our in-house Conveyancing team, we can ensure ease and efficiency for a competitive, no-sale, no-fee quote. Visit www.davistate-conveyancing.co.uk for a quote today.
MORTGAGES Whether you`re a first time buyer or a current home owner; Davis Tate can provide you with access to Mortgage Advisors who can assist with professional advice.
Davis Tate Ltd is an introducer appointed representative of First Complete Ltd for purpose of the provision of advice in relation to mortgage and non investment insurance products. Mortgage and Protection advice is provided by LSLi Ltd t/a Embrace Mortgage Services, an appointed representative of First Complete Ltd. First Complete Ltd is authorised and regulated by the Financial Conduct Authority.
LSLi Ltd t/a Embrace Mortgage Services charge a fee of between £399 and £699 on application. The amount we will charge is dependent on the amount of research and administration that is required.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
TENURE The apartment has a long lease. The Management Company own the Freehold of the block and each individual apartment owner is a member of the Management Company.
AGENT'S NOTE The current rental income is £700pcm. This has not been increased for 5 years and the Tenant has a Periodic Tenancy.
DISCLAIMER These particulars are a general guide only. They do not form part of any contract. Services, systems and appliances have not been tested.
Image of house front
Property Features :
- INVESTMENT OPPORTUNITY
- YIELD 4.5%
- First Floor 2 Bedroom Flat
- Small Block of 4
- Off Street Parking