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West Street

Leominster

1 Bedroom

1 Bathroom

Flat

Price: £60,000
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Price: £60,000
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Property Details

Key features

  • Potential To Achieve Over 7.9% Yield!
  • Ideal For Buy To Let Investor
  • NO ONWARD CHAIN
  • Kitchen/Living Space
  • Town Centre Location
  • Offering 1 Double Bed Accommodation

Council Tax Band: A

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 135 years
  • Annual service charge: Contact branch
  • Annual ground rent: Contact branch
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch
This wonderful one bedroom second floor apartment is Located in the centre of the market town of Leominster. The town itself offers an excellent range of amenities including a number of High Street shops, supermarkets, doctor and dental surgery, primary and secondary school and leisure facilities including swimming pool. Briefly comprising: communal front door which opens up to the shared reception hallway. Stairs leading to the second floor where the flat is situated, entrance hall, kitchen/living room, two double bedrooms, shower room and is being sold with NO UPWARD CHAIN.

Agents Notes
Lease - Term of Lease - 150 years from 25th March 2008
Current Ground Rent - £25 per annum (after 2031 will increase to £50 per annum)
Annual Contribution Of Cleaning Communal Areas - £120 per annum (approximately)

Services
Mains Electricity, Water and Drainage

Outgoings
Council Tax Band: A

Kitchen / Living Room
13' 3" x 10' 2" ( 4.04m x 3.10m )
window to the front, fitted storage, carpet flooring, wall/base kitchen units, integrated washing machine, space for fridge freezer, sink/drainer, one bowl, ceiling light point.

Bedroom One
11' 7" x 9' 7" ( 3.53m x 2.92m )
Double glazed window to the rear, electric radiator, carpet flooring, fitted storage, ceiling light point.

Shower Room
Shower Cubicle, Shower, wash hand basin, low level w/c, full tiling, storage cupboard, ceiling light point, double glazed window to the side.
This wonderful one bedroom second floor apartment is Located in the centre of the market town of Leominster. The town itself offers an excellent range of amenities including a number of High Street shops, supermarkets, doctor and dental surgery, primary and secondary school and leisure facilities including swimming pool. Briefly comprising: communal front door which opens up to the shared reception hallway. Stairs leading to the second floor where the flat is situated, entrance hall, kitchen/living room, two double bedrooms, shower room and is being sold with NO UPWARD CHAIN.

Agents Notes
Lease - Term of Lease - 150 years from 25th March 2008
Current Ground Rent - £25 per annum (after 2031 will increase to £50 per annum)
Annual Contribution Of Cleaning Communal Areas - £120 per annum (approximately)

Services
Mains Electricity, Water and Drainage

Outgoings
Council Tax Band: A

Kitchen / Living Room
13' 3" x 10' 2" ( 4.04m x 3.10m )
window to the front, fitted storage, carpet flooring, wall/base kitchen units, integrated washing machine, space for fridge freezer, sink/drainer, one bowl, ceiling light point.

Bedroom One
11' 7" x 9' 7" ( 3.53m x 2.92m )
Double glazed window to the rear, electric radiator, carpet flooring, fitted storage, ceiling light point.

Shower Room
Shower Cubicle, Shower, wash hand basin, low level w/c, full tiling, storage cupboard, ceiling light point, double glazed window to the side.

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(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) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.