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Leasehold

£160,000

2 bed flat for sale

Scholars Way, Melksham, Wiltshire SN12
2 beds
2 baths
1 reception
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£160,000

2 bed flat for sale
Scholars Way, Melksham, Wiltshire SN12

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: B

Leasehold

About this property

    A well presented, two bedroom first floor apartment ideally suited for a first time buyer, downsizer or investor.

    Conveniently positioned on the edge of town and within a short distance of the railway station, the property offers well proportioned accommodation.

    Accessed via a secure, communal entrance lobby with stairs rising to the first floor, the interior boasts a hallway, a living room, with Juliet balcony, open to the kitchen, two double bedrooms, the main with en-suite shower room, and a bathroom. Externally the property has two allocated parking spaces.

    Potential rental income of about £875pcm which equates to about £10,500 pa.

    Lease Information
    Tenure - Leasehold
    Lease Length - 125 years from 1st January 2016
    Term Remaining – 116 years
    Ground Rent – £250.00 p.a.
    Service Charge - Approximately £1,696.00 pa.

    Property Information
    EPC Rating - B
    Council & Council Tax Band: Wiltshire Council & A
    Mains water, drainage and electricity connected.
    Gas Central Heating

    More information

    • Tenure

      Leasehold (115 years)

    • Service charge

      £1,696 per year

    • Council tax band

    • Ground rent

      £250

    • Ground rent date of next review

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