Property photos
Leasehold
Guide price
£120,000
1 bed flat for sale
Sheridan Court, London Road, Newbury, Berkshire RG141 bed
1 bath
EPC rating: C
Key Information
Tenure:
Leasehold
Time remaining on lease:
98 years
Service charge:
£700 per year
Council tax band:
A
Ground rent:
£50
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- St Joseph's Catholic Primary School 0.2 miles
- Newbury Racecourse 0.4 miles
- Engaging Potential (SEN) 0.5 miles
- Newbury 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Investors only
- 6.5% rental yield
- No onward chain
- Balcony
- Currently achieving £650 pcm
- Parking
- Modern fitted kitchen
- Close to town centre
- Communal gardens
** Virtual tour available ** Attention investors **
Achieving a 6.5% rental yield, a wonderful opportunity to purchase a property with tenant in situ, currently achieving £650 pcm. The property benefits from parking and is within close proximity to the Kennet & Avon Canal.
Description
The accommodation comprises an entrance hallway with two storage cupboards, a bathroom with shower above bath, an open plan living/bedroom with door leading to the private balcony and a refitted kitchen with a range of modern units.
Outside
There are communal gardens and parking. The property also benefits from a private balcony which is a fantastic suntrap.
Services & material information
All mains services are connected.
Council tax band: A
Energy efficiency rating: C
Length of lease (years remaining): 99 years from date of listing
Annual ground rent amount: £50
Ground rent review period: June 2024
Annual service charge amount: £700
Service charge review period: Annually<br /><br />As well as being home to Newbury Racecourse, the town itself offers a comprehensive range of shopping, leisure and educational facilities, in addition boasting a large park just minutes away from the town centre, Victoria Park, which is next to the canal with an impressive open space and excellent sport facilities. Newbury is the headquarters of Vodafone UK and offers a railway station on the direct line to London Paddington (fast train to Paddington has an approx. Travel time of 41 minutes). There are also excellent road links via the A34 and M4 motorway, a convenient commute for those working in Reading, Oxford and Southampton.
Achieving a 6.5% rental yield, a wonderful opportunity to purchase a property with tenant in situ, currently achieving £650 pcm. The property benefits from parking and is within close proximity to the Kennet & Avon Canal.
Description
The accommodation comprises an entrance hallway with two storage cupboards, a bathroom with shower above bath, an open plan living/bedroom with door leading to the private balcony and a refitted kitchen with a range of modern units.
Outside
There are communal gardens and parking. The property also benefits from a private balcony which is a fantastic suntrap.
Services & material information
All mains services are connected.
Council tax band: A
Energy efficiency rating: C
Length of lease (years remaining): 99 years from date of listing
Annual ground rent amount: £50
Ground rent review period: June 2024
Annual service charge amount: £700
Service charge review period: Annually<br /><br />As well as being home to Newbury Racecourse, the town itself offers a comprehensive range of shopping, leisure and educational facilities, in addition boasting a large park just minutes away from the town centre, Victoria Park, which is next to the canal with an impressive open space and excellent sport facilities. Newbury is the headquarters of Vodafone UK and offers a railway station on the direct line to London Paddington (fast train to Paddington has an approx. Travel time of 41 minutes). There are also excellent road links via the A34 and M4 motorway, a convenient commute for those working in Reading, Oxford and Southampton.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
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Listed by
Jones Robinson
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