Sale of an attractive and well presented one bedroom apartment within the popular Falls development. The property is presently a highly successful 4* plus holiday let.
SITUATION The Falls is a development of apartments, cottages and houses in a peaceful riverside setting, above the popular Lakeland town of Ambleside. Developed in the early 1990's from a former Bobbin
Mill, The Falls has established itself as a an excellent proposition for holiday letting properties with all the attractions of the outdoors and central Lakeland close at hand and a wide variety of shops, restaurants, bars and cinema in the town.
DIRECTIONS Heading out of Ambleside north, passed the famous Bridge House and turn right at the mini roundabout onto Kirkstone Road. Continue up the hill passed the converted St Anne's Church and take the second right towards
Oaksfield. Continue for around 150 metres and you enter The Falls development. Continue past the first block on the right and veer to the right under the apartments, Waterfalls can be found on the right hand side with the parking space, the only one on the
right hand side.
DESCRIPTION The property is a well presented one bedroom apartment which occupies a first floor position with views over Stockghyll. The property benefits from recent refurbishment and includes newly installed bathroom and
kitchen. At present Waterfalls is a successful 4* plus holiday let with Heart of the Lakes which generates £15,000 per annum. For more information it can be obtained through www.heartofthelakes.co.uk.
ACCOMMODATION Communal entrance leading to the first floor into inner hall and front door. Leading to:-
Hallway with intercom telephone system and cloaks cupboard with plumbing for washing machine and housing fuse box. Separate cylinder cupboard.
LOUNGE Dual aspect lounge with views over Stockghyll from both windows. TV and telephone points.
FIRST FLOOR
KITCHEN Quality fitted wall and base units with granite worktop and sink with mixer tap. Integrated appliances include four ring electric hob and electric oven, fridge, freezer and dishwasher. Extractor. Views over Stockghyll.
Part tiled walls.
FRONT BEDROOM 'L' shaped double room with two built in wardrobes. Views through the trees towards Loughrigg and views over Stockghyll.
BATHROOM Newly refurbished white three piece suite comprising panelled bath with Mira shower over, vanity wash hand basin and WC. Part wall tiled and fully floor tiled. Heated towel rail.
OUTSIDE The property benefits from private allocated parking space with further visitor parking.
TENURE Leasehold for an original term of 999 years. Ground rent of £5 per annum. Variable management charges are currently approximately £500 per annum for The Waterfalls. There is an active Management Company and all leaseholders
are shareholders of the same. This looks after the day to day running of the communal parts and driveways, external repairs, decorating and maintenance together with building insurance. There is currently a healthy sinking fund in place for any major outlay.
SERVICES All mains services are connected. Gas fired central heating.
RATEABLE VALUE £2,350 actual amount payable £1,017.55.
property reference: AAFK9379920
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