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£170,000

2 bed flat for sale

Barley House, Sittingbourne, Kent ME10

  • Leasehold

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

Key information

  • Tenure

    Leasehold (232 years)

  • Service charge

    £2,307

  • Council tax band

    B

  • Ground rent

    £275

  • Ground rent date of next review

Hawkesford James

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About this property

  • Investment opportunity

  • Two bedroom ground floor apartment

  • Currently let to a long-term tenant

  • Gas fired central heating

  • UPVC double glazing

  • Allocated Parking

  • Council tax band: B

  • EPC rating: 78 | C

  • Lease term of 250 years 01 January 2006 (approximately 232 years remaining)

Overview

Not only is this property achieving a gross rental yield of 7.05% but it benefits from a long lease term with approximately 233 years remaining.

Barley House is situated on the popular Great Easthall development to the east of Sittingbourne and enjoys views across the lake at the development entrance.

The location of this modern development is a popular choice for families and the area boasts high rental demand due to the vast number of local employers and convenient access to the A249.

Sittingbourne town centre and mainline railway station are approximately 2.4 miles (by car) and 1.6 miles (by foot) from the property.

The internal accommodation comprises an entrance hall with storage cupboards, an open plan living/kitchen area with dual aspect bay windows, two bedrooms, and a family bathroom.

Further features comprise UPVC double glazing, gas fired central heating, an intercom entry system, and one allocated parking space. Further on street parking is available in this area.

Sittingbourne is situated approximately 17 miles from Canterbury and within 45 miles of London. Railway links to London Victoria and HS1 to St. Pancras International has made the town a popular choice for commuters.

The town offers a variety of leisure facilities including Swallows Leisure Centre, the New Century Cinema, the Avenue Theatre, the light railway, a heritage railway that operates from Sittingbourne to the banks of the Swale, and a new cinema complex.

Identification Checks:
In compliance with Anti-Money Laundering Regulation (aml), it is imperative that we conduct thorough identification checks for every purchaser. These checks will be facilitated by a trusted third-party provider, incurring a fee of £30 including VAT per purchase. Please be advised that this fee is payable in advance and is non-refundable. Kindly note that we are unable to issue a memorandum of sale until these statutory obligations have been diligently met.

Leasehold Information

Number of years remaining on the lease: 232 years

Current ground rent and any review period:
- £275 per year
Current service charge and any review period:
- £2,307 per year
Council tax band: B

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Property descriptions and related information displayed on this page are marketing materials provided by - Hawkesford James. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hawkesford James for full details and further information.