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Opportunity for Investors Only – Yield of 6.8% – Rosalind Drive

£220,000Leasehold

111

Key Information

Tenure:Leasehold
Service charge:£700 per year
Ground rent:£250 per year
Time remaining on lease:Not available
Council tax band:C

Key Features

APPROX 6.8% YIELD
CALL NOW TO ASK ANY QUESTIONS OR ARRANGE A VIEWING
FULLY FURNISHED THROUGHOUT
INVESTOR OPPORTUNITY
OVER 600FT OF ACCOMMODATION
OVER 900 YEARS ON LEASE
SECURE UNDERGROUD PARKING SPACE
STUNNING ONE BEDROOM FIRST FLOOR (LIFT ACCESS)
TENANT IN SITU UNDER AST UNTIL NOV 2024
UNDER £1000 GROUND RENT & SERVICE CHARGE

Description

INVESTORS ONLY - Stunning, fully furnished 1-bedroom luxury apartment - Tenant In Situ (Over 10 months remaining on AST)  Yield of 6.8%

Over 600sq ft of meticulously designed space. It comes complete with top-notch amenities, furnishings, fittings, secure parking, and easy access to Maidstone's vibrant town centre and major motorways.

INVESTOR OPPORTUNITY ONLY

Boasting over 600sq ft, this sizeable accommodation is an excellent opportunity for an investor to purchaser this stunning one bedroom apartment. The property benefits from a Tenant in situ on an Assured Shorthold Tenancy until November 2024 paying £1,250pcm.  The property is offered fully furnished, and has the following provided for the Tenant;

  • Washer/Dryer
  • Dishwasher
  • Fridge/Freezer
  • Oven & Hob
  • Microwave
  • Kettle & Toaster
  • Living & Dining Furniture
  • TV and Unit
  • Cutlery
  • Lamps
  • Bed & mattress
  • Bedroom Furniture

The fittings are of an exceptional standard with touch screen shower/bath, basin and mirror in the luxurious bathroom, a large double bedroom with mirrored wardrobe, and plenty of storage is available in the spacious hallway.

The open plan living area is generous and well designed, with a fully fitted kitchen, complimented with modern lighting, a dining and lounge area with French doors leading to the private balcony with some lovely views across the green of Maidstone.

The property also benefits from a secure underground parking space, gas fired central heating, video entry phone system, and being on the first floor, a convenient lift (which boasts a TV streaming the latest news).

Amphion Place is one mile from the vibrant Town Centre of Maidstone, and conveniently located for easy access to the M20 and M2 Motorway Network. 

Maidstone East and Maidstone West train station are approximately 0.7 and 1.3 miles respectively (walking), providing fast access to various London mainline stations.

 

MATERIAL INFORMATION

EPC: B

COUNCIL TAX: C 

LEASEHOLD: 999 years from and including 1 January 2019 

GROUND RENT: Approx £250 (per annum)

SERVICE CHARGES: Approx £700 (per annum)

 

 

 

Arrange Viewing

Maidstone Grammar School for Girls
(0.34 miles)
Outstanding
Number of pupils: 1222
Age Range: 11 - 18
North Borough Junior School
(0.37 miles)
Good
Number of pupils: 350
Age Range: 7 - 11
The Maplesden Noakes School
(0.37 miles)
Good
Number of pupils: 1241
Age Range: 11 - 18
St Paul's Infant School
(0.38 miles)
Good
Number of pupils: 259
Age Range: 5 - 7
Brunswick House Primary School
(0.5 miles)
Good
Number of pupils: 419
Age Range: 5 - 11
Shernold School
(0.66 miles)
Good
Number of pupils: 92
Age Range: 3 - 11
MEPA ACADEMY
(0.68 miles)
Number of pupils: 50
Age Range: 11 - 16
Sandling Primary School
(0.83 miles)
Good
Number of pupils: 418
Age Range: 4 - 11
Allington Primary School
(0.94 miles)
Number of pupils: 466
Age Range: 5 - 11
Palace Wood Primary School
(0.95 miles)
Good
Number of pupils: 412
Age Range: 4 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£1,157 /mo.25 Years, 5% Interest
Loan
£198,000
Total Repay
£347,246

Stamp Duty

You’ll have to pay the stamp duty of:
£0
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