Flat for sale in Woolners Way, Stevenage SG1

For sale by auction on Wednesday 17th April 2024 commencing at 1:00 pm
guide price: £165,000 to £185,000
viewings by appointment only - (Sat 23/03/24 9:30 to 10:00,30/03/24,06/04/24 & 13/04/24)
A fantastic opportunity to purchase a two-bedroom penthouse apartment situated in the heart of Stevenage close to the train station. This contemporary apartment block benefits from an attractive exterior, well-kept internal areas and access to an internal lift and underground car park. The property presents views to the West with the balcony benefitting from a sunny aspect which will get the most wonderful sunset. The accommodation extends to approximately 500 square feet, comprising an entrance hall, storage area, open plan kitchen, lounge/diner, a family bathroom, two bedrooms and an en-suite to the master bedroom. There is one allocated parking space with the property expected to rent for approximately £1,450 per calendar month generating a 9.9% gross yield.

Accommodation

Entrance Hall (3.20m x 1.14m (10'06 x 3'09))

Enter via a communal corridor, there is a storage cupboard and further doors leading to the kitchen and lounge/diner.

Storage Cupboard (1.14m x 0.74m (3'09 x 2'05))

Off the entrance hall there is a storage cupboard which contains hot water cylinder suitable for storage.

Kitchen (3.02m x 2.39m (9'11 x 7'10))

Fitted with a range of floor and wall mounted cabinets with a quartz top and glass splashbacks. Integrated appliances include a x4 electric hob with an extractor above and an oven below, integrated washing machine and dryer, sunken stainless steel sink and drainer with chrome tap over, various underlighting, spotlights to the ceiling and there is an integrated dishwasher and fridge/freezer. The wood affect flooring continues through to the:

Lounge/Diner (4.01m x 3.63m (13'02 x 11'11))

Fitted with a range of spotlights, there are floor to ceiling windows overlooking the balcony to the West elevation. There are a range of TV sockets and telephone points with a radiator connected.

Lounge Area

Balcony

This penthouse apartment benefits from a wonderful balcony that stretches the full width of the apartment enjoying sunny views to the west.

Bedroom One (3.66m x 3.20m (12'00 x 10'06))

With space for a double bed, a three casement window to the front elevation, there is a radiator fitted, TV points connected, access to a triple wardrobe and a door to leading through to:

En-Suite (2.24m x 1.47m (7'04 x 4'10))

Suite comprising of double shower cubicle with tiled walls, integrated mirror, WC and hand wash basin with chrome heated towel rail.

Bedroom Two (3.30m x 2.44m (10'10 x 8'00))

A two casement window overlooking the balcony there is space for a double bed with TV points and sockets connected.

Family Bathroom (2.24m x 1.68m (7'04 x 5'06))

The suite comprising of a bath with shwer over, WC, hand wash basin, integrated mirror with tiled walls and a chrome heated towel rail.

Outside

Communal gardens with off-road parking to the front and access to an underground car park with one allocated parking space in bay 116.

Services

Mains gas, electric, water and drainage. None of these services have been tested.

Terms Of Lease

We understand the terms of the lease are as follows; 125 years from May 2007 (108 years to run)
Ground rent: £125 P.A. (doubles every 15 years)
Service/block service charge is: £559.50
Communal boiler service charge: £633.64
Estate charge: £456.04

Buyer's Premium Charge

The purchaser will be required to pay a premium charge of £1,000 plus VAT.

Buyer's Administration Charge

The purchaser will be required to pay an administration charge of £750 plus VAT.

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.