Flat for sale in Northcliff Gardens, Shanklin PO37

£99,000
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Flat for sale - 1 bedroom

1 1 1

Tenure:
Leasehold
Time remaining on lease:
853 years
Service charge:
£1,600 per year
Ground rent:
£100
Council tax band:
A

Property features

  • Chain Free
  • Close to Cliff Path
  • Open Plan Living
  • Investment Opportunity
  • Superb Sea Views
  • Council Tax Band A
  • 1 Bed Top Floor Flat

Property description

A top floor/second floor flat being one of six in a building that occupies a corner plot between Northcliff Gardens and St. Boniface Cliff Road. The property is well situated being close to the cliff path, a local Londis convenience store and about half a mile from the town centre shops. Also within close proximity is Shanklin esplanade and its sandy beaches.
The flat benefits from gas fired central heating, uPVC replacement double glazed windows, security entry system and from the sitting room area there are superb sea views towards the English Channel.
The property would seem equally suitable as a first time buy, or a rental investment. We understand that the flat was most recently let at £650PCM and based on the asking price this would give a yield of approximately 8% per annum.
It is offered with no onward chain, it comprises:

Entrance Hall

Ceiling hatch to roof space

Open Plan Sitting Room/Kitchen (3.10m x 4.04m (10'2 x 13'3))

With superb sea views. Kitchen area with electric hob, oven, refrigerator and plumbing for washing machine.

Bathroom

Bedroom (4.62m x extending to 2.87m into door recess (15'2)

Services

All mains are available

Tenure

Leasehold - Held on a 999 year lease (less 3 days) from 1879 with an annual ground rent of £100. We are advised that the current service change is £1,600pa.

Council Tax

Band A - This can be confirmed with the Isle of Wight Council

Property info

Floorplan(s): 6 Akehurst Plan.Jpg

6 Akehurst Plan.Jpg View original

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For more information about this property, please contact
Arthur Wheeler Estate Agents, PO37 on +44 1983 507678 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Arthur Wheeler Estate Agents, and do not constitute property particulars. Please contact Arthur Wheeler Estate Agents 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.

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