Flat for sale in Newtown Road, Ashford TN24
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Property features
- 2 Double Bedrooms
- 2 Bathrooms
- Open Plan Modern Living Space
- Parking Space Included
- Large Balcony
- Tenants In Situ Paying £1,350pcm
- Annual Rental Income Of £16,800
- Net Yield: 5.5%
Property description
Upon entering this inviting apartment, you enter the main hallway taking you to an open-plan living/dining/kitchen area. The sleek kitchen is equipped with high-end appliances, ample storage space, and flows into the main living space making it perfect for both casual dining and entertaining guests. The living room seamlessly flows onto the private balcony, providing a charming outdoor space to unwind and enjoy the fresh air. With room for outdoor furniture, it offers an ideal setting for al fresco dining or simply soaking up the sunshine. The two well-proportioned bedrooms offer comfortable retreats, with the main bedroom featuring a large window that bathe the rooms in sunlight. The master bedroom benefits from an en-suite bathroom, while a second bathroom serves the additional bedroom and guests.
Residents of New Town Apartments enjoy the convenience of allocated parking, ensuring hassle-free access to their vehicles. Additionally, the property benefits from a ground rent of £220 annually and a service charge just over £1,000 annually, providing peace of mind for maintenance and communal areas.
Situated on Newton Road, this apartment is ideally located for accessing the vibrant amenities of Ashford, including shops, restaurants, and leisure facilities. Excellent transport links, including Ashford International Station, are within easy reach, offering swift connections to London and beyond.
Currently achieving £1,400 a month in rental income with the current tenancy ending in May 2024, this property presents an attractive investment opportunity or a comfortable home for those seeking contemporary living in a sought-after location.
Key Features:
* Full Address: Flat 7, New Town Apartments, Newton Road, Ashford, Kent TN24 0WJ
* Asking Price: £280,000.00
* 2 double bedrooms
* 2 bathrooms (en-suite and main bathroom)
* Spacious balcony
* Allocated parking
* Approx. 690 sqft of living space
* Ground rent of £220.00 per annum
* Service charge of just over £1,000.00 per annum
Investment Information:
* Current Tenancy: Due to expire in May 2024
* Current Rental Rate: £1,400.00pcm
* Annual Rental Rate: £16,800.00
* Net Annual Rental Income: £15,580.00 (letting agents fees not included in this or home insurances)
* Gross Yield: 6.0%
* Net Yield : 5.5%
Property info
For more information about this property, please contact
Pure, M34 on +44 161 937 0434 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pure, and do not constitute property particulars. Please contact Pure for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.