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South Street, Bourne £86,950

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First Floor Flat
Large Double Bedroom
Ensuite Bathroom
Second WC
Large Lounge
Kitchen
Communal Grounds
Town Centre Location
No Chain

This is a spacious flat which is being sold on a buy to let basis with an existing tenant in place, providing an annual gross annual income in the region of ;6,500. The flat is set within an elegant building which was converted some years ago, and the whole building occupies a good plot with spacious communal grounds. The flat is within walking distance of Bourne’s town centre, and there is a parking area for the flats. Flat 4 is located on the first floor of the building, approached by a substantial staircase, and it has a large lounge with small kitchen off, a hallway which has a huge cupboard and a cloakroom / WC, and the large double bedroom features an ensuite.

Ground Floor Entrance

With wall mounted post boxes, entryphone system linked to each flat affording access, locked door and access via staircase to the:

First Floor Communal Hallway

With entrance door to the flat.

Lounge Area

16' 5'' x 15' 9'' (5.00m x 4.80m) max

With radiator, entryphone linked to ground floor external door, window to side, feature fireplace.

Kitchen Area

10' 0'' x 4' 8'' (3.05m x 1.42m)

With single drainer stainless steel sink unit, base units with cupboards & drawers, eye levels, plumbing for a washing machine, gas fired central heating boiler, gas hob, electric oven & extractor hood above.

Inner Hallway

With large walk in cupboard providing useful storage.

Cloaks / WC

With low level WC, wash hand basin, radiator.

Bedroom

15' 5'' x 13' 6'' (4.70m x 4.11m)

A spacious bedroom with window to front, radiator.

Ensuite Bathroom

With low level WC, pedestal wash hand basin, panelled bath with shower attachment to taps, extractor, radiator.

Outside

There are good gardens which are laid to lawn and available for the residents.

Leasehold Details

The flat is leasehold and we understand from the vendor that the remaining term is approximately 100 years. The new owner will part own the freehold along with the other flat owners in the building. The management charge per month is currently set at £65 PCM.

Tenancy Details

The flat is currently let at a figure of £545 per calendar month. Any sale agreed is on the basis that the tenant is to remain, although, in common with Assured Shorthold Tenancies, notice to the tenant may be given by the incoming purchaser upon completion subject to the necessary dates being fulfilled.