£100,000
1 bed flat for saleThe Maltings, Brandon IP27
1 bed
1 bath
1 reception
EPC Rating: C
About this property
Investors Only - Sold with Tenant Already in Situ!
Rental Income of £690pcm
Popular The Maltings Location
One Bedroom Apartment, Designed for Those Over the Age of 55
Walking Distance to Town Centre and Amenities
Strong Community Environment
Stunning Riverside Views and Manicured Communal Gardens
Communal Lounges and Laundry Facilities
investors only - a one bedroom apartment within the popular over 55s the maltings development, sold with tenant in situ paying £690PCM, just a short stroll from the town centre and beautiful riverside walks!
Description
Positioned within the ever popular The Maltings development, an established and community-focused residence designed exclusively for the over 55s, this one bedroom apartment is offered to investors only with a tenant already in situ, currently paying £690 per calendar month.
The Maltings enjoys a highly convenient location just a short walk from the town centre and its wide range of amenities. The development is particularly well regarded for its strong sense of community and benefits from communal lounges, laundry facilities, beautifully maintained and accessible gardens, and attractive riverside views for residents to enjoy.
The apartment itself has been well cared for by the current tenant and offers bright, comfortable accommodation throughout. A spacious living room is filled with natural light, complemented by a well equipped kitchen, a double bedroom with integrated storage and an accessible shower room.
Combining immediate rental income with a sought-after over 55s setting, this represents a straightforward and appealing addition to any investment portfolio. Viewing is highly recommended!
The Accommodation
Entrance door to:
Entrance Hall
With door to front and built in cupboard housing central heating boiler.
Living Room
With window to rear and archway to:
Kitchen
With a range of fitted kitchen units at wall and base level with work surface over, inset sink unit with mixer tap and drainer over, space and plumbing for washing machine, space for fridge/freezer and integrated oven and hob.
Bedroom
With built in wardrobes and window to rear.
Shower Room
With W.C, wash hand basin with taps over, shower cubicle with shower attachment over and heated towel rail.
Agents Note
The term of the lease is 99 years from 1st April 1989 date, which means there are currently 63 years remaining. This may impact on mortgage lending requirements. Interested parties should make further enquiries.
Agents Note
Please note that the sale of this property is subject to Grant of Probate. Please contact the Branch for more information on any estimated timescales.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Mortgage calculator
£500 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (62 years)
Service charge
Council tax band
A
Ground rent
£0
Ground rent date of next review



.png)