1 bed flat for sale

North Road, Sherborne DT9

Sale by modern method of auction


One Bedroom Apartment in Sherborne with Tenant in Situ & £9,540 Annual IncomeProperty Summary

A one-bedroom apartment in the heart of Sherborne, currently let to a tenant producing an annual rental income of £9,540 (£795 per calendar month), offered for sale by Modern Method of Auction.

Situated within an attractive period building, this first-floor apartment offers well-proportioned accommodation comprising an open-plan living room/kitchen, double bedroom, shower room and an impressive private balcony overlooking the surrounding townscape

The property also benefits from allocated parking and is conveniently positioned for access to Sherborne town centre and its wide range of amenities.

The existing tenancy provides an immediate income stream for an investor, making this an interesting opportunity to acquire a buy-to-let property in this highly regarded Dorset market town.

Full DescriptionLiving Room/Kitchen

A particularly bright open-plan living space combining a comfortable sitting area with a fitted kitchen. The room benefits from a large window providing plenty of natural light and enjoys a pleasant outlook, with a door accessing the south facing balcony.

The kitchen is fitted with a range of light wood-effect wall and base units, contrasting work surfaces and tiled splashbacks. Integrated and electric oven and hob with extractor over, and space for washing machine and refrigerator

There is ample space for both living and dining furniture, making this a versatile reception room.

Bedroom

A well-proportioned double bedroom with a large window providing excellent natural light and views over the surrounding area.

Shower Room

The shower room is fitted with a glazed shower enclosure, pedestal wash hand basin and WC, together with tiled surrounds and practical tiled flooring.

Balcony

One of the property's particularly appealing features is its private south facing balcony, accessed from the living area.

The covered balcony provides a useful outdoor space for sitting and enjoying the elevated outlook, with views across the surrounding residential area and towards the wider Sherborne landscape.

Communal Areas & Parking

The apartment is approached via communal hallways and stairs within the character building.

There is also a communal parking area providing useful off-road allocated parking for residents and a bin store area

Outside

In addition to the private balcony, the property enjoys access to the surrounding communal grounds and parking areas.

The elevated position provides pleasant views across neighbouring properties, mature trees and the surrounding townscape.

Location

Sherborne is one of Dorset's most sought-after historic market towns, renowned for its beautiful architecture, independent shops, cafés, restaurants and excellent range of everyday amenities.

The town is particularly well known for its historic abbey, castle and highly regarded schools, while the surrounding countryside provides numerous opportunities for walking and outdoor pursuits.

Sherborne also benefits from a railway station providing direct services towards Yeovil, Salisbury, Exeter and London Waterloo, making the town attractive to both local residents and commuters.

The property therefore offers the combination of an established residential location, excellent local amenities and the potential for continued rental demand.

Auctioneer Comments:

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56-
day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A
Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack
fee.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5%
of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service
provider if the service is taken. Payment varies but will be no more than £500 inc. VAT. These services are
optional.

Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.