1 bedroom flat for sale

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1 bedroom flat for sale

Algernon Road , Melton Mowbray LE13
£95,000

Our Summary

  • This is an investment opportunity for a spacious ground floor 1 bedroom apartment with an allocated parking space

Description

--- This ground floor apartment, set within a converted mill and available to investors only, offers a spacious one-bedroom layout with a tenant currently in situ, paying £500 per month. The property features a neat hallway leading to a combined living and kitchen area, equipped with modern appliances including an electric oven/hob, washing machine, fridge/freezer, and a dishwasher. The double bedroom includes built-in wardrobes and accommodates the combi boiler. The bathroom is a white three-piece suite with a shower over the bath. Outside, there is allocated parking for one car. The apartment benefits from electric central heating and an EPC rating of E. As a leasehold property, annual service charges of £720 cover communal area cleaning, building maintenance, and CCTV, with a ground rent of £200 and a lease expiry in 2133. Council Tax is banded A. The property is presented in good condition and is an attractive investment opportunity with a reliable rental income. Belvoir can assist with a range of services, including finance advice through The Mortgage Advice Bureau, for which a fee may apply if you proceed with their mortgage services.
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