£179,950
2 bed flat for saleSpring Hill Court, Ventnor PO38
2 beds
1 bath
1 reception
EPC Rating: F
Leasehold
About this property
First floor flat (ground level entry)
2 bedrooms
Investors only
Single garage
Long lease
Quiet location
Investors only!
A purpose built First Floor (Ground Level Entry) Flat forming part of a popular development that offers easy access to the Town Centre, shops and amenities.
The well presented accommodation is warmed by electric night storage heaters and benefits from replacement uPVC double glazed windows Kitchen and upgraded Shower Room. From the Lounge and the Main Bedroom there are some pleasant open aspect views.
The property is currently rented out at £550 pcm and our vendor would like an investor to purchase to retain the current tenant. Viewing recommended. It comprises:-
Entrance Hall
Lounge (5.02m x 4.22m)
Bedroom One (4.22m x 3.28m)
Bedroom Two
Kitchen (3.72m x 2.03m)
Shower Room
Services
Mains, electricity, water and drainage.
Tenure
Leasehold (to be confirmed). We understand that the Flat is held on the balance of a 199 year lease from 1972 with a ground rent of £20 per annum. We understand that the current service charge is £900 per annum which includes a share of the buildings insurance and managing agents fees. We further understand that the Freehold is owned by the Residents management company of which each Flat owner has an equal share in.
Council Tax
Band B. (Can be confirmed on the Government website).
A purpose built First Floor (Ground Level Entry) Flat forming part of a popular development that offers easy access to the Town Centre, shops and amenities.
The well presented accommodation is warmed by electric night storage heaters and benefits from replacement uPVC double glazed windows Kitchen and upgraded Shower Room. From the Lounge and the Main Bedroom there are some pleasant open aspect views.
The property is currently rented out at £550 pcm and our vendor would like an investor to purchase to retain the current tenant. Viewing recommended. It comprises:-
Entrance Hall
Lounge (5.02m x 4.22m)
Bedroom One (4.22m x 3.28m)
Bedroom Two
Kitchen (3.72m x 2.03m)
Shower Room
Services
Mains, electricity, water and drainage.
Tenure
Leasehold (to be confirmed). We understand that the Flat is held on the balance of a 199 year lease from 1972 with a ground rent of £20 per annum. We understand that the current service charge is £900 per annum which includes a share of the buildings insurance and managing agents fees. We further understand that the Freehold is owned by the Residents management company of which each Flat owner has an equal share in.
Council Tax
Band B. (Can be confirmed on the Government website).
More information
Tenure
Leasehold (149 years)
Service charge
£900 per year
Council tax band
B
Ground rent
£20
Ground rent date of next review
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