Sold subject to contract
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£160,000

3 bed flat for sale

Albert Street, Newark NG24

    • 3 beds

    • 3 baths

    • 3 receptions

  • EPC Rating: D

Key information

Alasdair Morrison & Mundys

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About this property

  • Investment Buyers Only

  • Tenants in Situ

  • Three self contained 1 bedroomed flats

  • Enclosed Communal Yard

  • Combined Monthly Income of £1500

  • Flat 1 - EPC Rating - D

  • Flat 4 - EPC Rating - C

  • Flat 5 - EPC Rating - tbc

  • Council Tax Band - A

Investment Buyers Only - Tenants In Situ ****
Alasdair Morrison and partners are delighted to offer this ideal investment opportunity which comprise of one ground floor and two first floor apartments situated close to Newark Town Centre. Flat 1 is on the ground floor and comprises, hall, lounge, kitchen, bedroom and shower room. Flat 4 is on the first floor and comprises open plan lounge/kitchen, bedroom and shower room and Flat 5 comprises, hall, open plan lounge/kitchen, bedroom and shower room.

Investment Buyers Only - Tenants In Situ ****
Alasdair Morrison and partners are delighted to offer this ideal investment opportunity which comprise of one ground floor and two first floor apartments situated close to Newark Town Centre. Flat 1 is on the ground floor and comprises, hall, lounge, kitchen, bedroom and shower room. Flat 4 is on the first floor and comprises open plan lounge/kitchen, bedroom and shower room and Flat 5 comprises, hall, open plan lounge/kitchen, bedroom and shower room.

Accommodation Flat 1 -

Flat 1 Hall Part obscured glazed door to entrance hall. Storage. Access to cellar which houses water meters for some of the other flats.

Flat 1 Shower 0.94m x 3.45m (3'01" x 11'04") Shower cubicle with glazed screen low flush WC and wash hand basin. Extractor fan.

Flat 1 Kitchen 3.56m x 3.10m (11'08" x 10'02") Wall and base units with sink and drainer. Four ring hob with extractor over and oven below. Plumbing for washing machine and space for appliance. Storage heater and splash back tiling to wall. Window.

Flat 1 Lounge 4.70m x 4.17m (15'05" x 13'08") Electric fire. Two windows.

Flat 1 Bedroom 3.66m x 3.40m (12'0" x 11'02") Storage heater. Window.

Accommodation Flat 4 -

Flat 4 Lounge 4.11m x 3.56m (13'06" x 11'08") Hardwood door to the open plan lounge. Window to front. Electric wall heater.

Flat 4 Kitchen Area 1.78m x 0.99m (5'10" x 3'03") Wall and base units and stainless steel sink unit . Electric oven and hob with extractor over. Splash back tiling to wall. Appliance space.

Flat 4 Shower Room 1.65m x 1.50m (5'05" x 4'11") Double glazed window to the side. Shower cubicle, low flush WC and pedestal wash hand basin. Splash back tiling to walls.

Flat 4 Bedroom 3.58m x 3.56m (11'09" x 11'08") Double glazed window to the front. Electric wall heater.

Accommodation Flat 5 -

Flat 5 Open Plan Lounge/Kitchen 4.17m x 3.81m (13'08" x 12'06") Fitted with a range of wall and base units with stainless steel sink unit, electric hob and oven with extractor over. Plumbing for washing machine and appliance space. Splash back tiling to walls.

Flat 5 Bedroom 3.20m x 3.00m (10'06" x 9'10") Double glazed window to front. Electric wall heater.

Flat 5 Shower Room 1.57m x 1.70m (5'02" x 5'07") Shower cubicle, low flush WC and pedestal wash hand basin. Splash back tiling to walls.

Outside Enclosed communal Yard.

Local Authority Newark and Sherwood District Council, Castle House, Great North Road, Newark, NG24 1BY

Services Electricity is connected to the property. Mains drainage. We have not tested any apparatus, equipment, fittings or services and so cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor.

Tenure Leasehold. 999 year lease from 1st July 2012. Peppercorn ground rent. Service charge currently under review. Each flat currently achieves £500 pcm.

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Alasdair Morrison & Mundys

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