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Fellows Road, Cowes, PO31 7JN

£109,995

Key features:

  • FIRST FLOOR APARTMENT
  • INVESTMENT OPPORTUNITY
  • TWO BEDROOMS
  • KITCHEN
  • LOUNGE
  • BATHROOM
  • LONG STANDING TENANT
  • GAS FIRED HEATING
  • ALLOCATED PARKING
  • LEASEHOLD

Description

CALLING ALL INVESTMENT BUYERS. Two bedroom apartment with LONG STANDING TENANT. Current rental income £6000 PA. Lounge, Kitchen,Bathroom. Allocated parking space, Gas fired heating. convenient for Cowes town. VIEWINGS STRICTLY BY APPOINTMENT WITH THE VENDORS AGENTS.

Calling all investment buyers. Two bedroom apartment with long standing tenant. Current rental income £6000 PA.
VIEWINGS STRICTLY BY APPOINTMENT WITH THE VENDORS AGENTS.

ON THE GROUND FLOOR
Communal entrance door and stairway to first floor off.

ENTRANCE DOOR
To Flat 36b.

ENTRANCE LOBBY
With door to entrance hall.

LOUNGE (3.07m x 4.24m (10'1 x 13'11))
Radiator, secondary double glazed window, TV aerial lead.

KITCHEN (4.22m x 1.88m (13'10 x 6'2))
Range of modern fitted floor and wall cupboards with bevel edged worktops over. Inset stainless steel sink unit with mixer tap over, plumbing for washing machine, built in electric oven with microwave over. Fitted gas hob, cupboard housing gas fired boiler supplying central heating and hot water. Some sea views over Cowes.

BEDROOM ONE (3.02m x 2.82m (9'11 x 9'3))
Radiator, built in wardrobe cupboard, secondary double glazed window.

BEDROOM TWO (3.78m x 2.03m (12'5 x 6'8))
Radiator, built in shelved linen cupboard.

BATHROOM
Suite comprising pannelled bath with mixer tap over. Low level WC, pedestal wash basin. Radiator.

OUTSIDE
Communal gardens with drying area. Allocated parking space.

TENURE
Leasehold approximately 59 years to run. Current tenant has been in residence for just over eight years paying a monthly rental of £500. This property is being sold as an investment purchase with the benefit of the current tenant. Ground rent is £75 per annum. Service Charge is payable half-yearly £155. Insurance is approximately £246 per annum.


Price: £109,995
Bedrooms: 2


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Marvins
Cowes 41 High StreetCowes PO31 7RS

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