Russell Terrace

Leamington Spa

Guide Price £180,000

*** 999 YEARS REMAINING ON THE LEASE AND BEING OFFERED WITH A ONE THIRD SHARE OF THE FREEHOLD ***

Positioned at the rear of this private town centre development is this superbly presented ground floor apartment. The development is located on the corner of Russell Terrace and Willes Road meaning access to Leamington Spa Railway Station and the main Shopping Parade is only a short walk away. This apartment has been fully redecorated throughout and comprises in brief; entrance hall with storage space, bathroom with heated towel rail and electric shower over bath, kitchen with a selection of wall and floor mounted units, space for a fridge freezer and plumbing for a washing machine, living room and bedroom with fitted wardrobes. The property also benefits from being fully double glazed. We are informed there is one parking space that comes with the apartment.

The property is ideal for a first time buyer and would make a great investment purchase offering circa a 5% yield. We are informed the property has 999years remaining on the lease and as one of only 3 apartments in the block will come with a one third share of the freehold. There is no ground rent payable, and the service charge is currently £80 per month. The property is being offered with No Onward Chain.

Key Features

1.   999 Years Remaining on Lease
2.   Town Centre Location
3.   Ground Floor
4.   One Bedroom
5.   Kitchen
6.   Bathroom
7.   Refurbished Throughout
8.   Share of Freehold
9.   Parking Space
10.   EPC: D

Hallway  

Bathroom  

Living Room  
(3.69 x 3.58)

Kitchen  
(2.71 x 2.21)

EPC: D