- SUPERB 3 BEDROOM MAISONETTE APARTMENT WITH OUTSTANDING VIEWS OVER FAIRFIELD PARK
- LOCATED JUST A 5 MINUTE WALK TO CENTRAL KINGSTON OR RAILWAY STATION
- LARGE FRONT RECEPTION ROOM AND SEPARATE INTEGRATED KITCHEN
- LARGE CONVERTED LOFT ROOM WITH OPEN TREAD STAIRS AND PLENTY OF NATURAL LIGHT
- PRESENTED TO A VERY HIGH STANDARD THROUGHOUT
- SHARE OF FREEHOLD
- NO CHAIN
- IDEAL FIRST TIME FAMILY PROPERTY OR INVESTMENT PROPERTY WITH GROSS YIELD OF 4.6%
SORRY ANOTHER PROPERTY UNDER OFFER WITH GREENWOOD RESIDENTIAL - Superb Victorian 3 bed split - level maisonette with stunning un-obscured North West views overlooking Fairfield Park and sports grounds. It is located just a short 5-minute walk to Kingston Town Centre with its wonderful shops and restaurants or train station with trains to Waterloo taking just 26 Minutes.
The Maisonette has its own ground floor entrance at the front of the property, leading to internal entrance hall and stairs to the first floor. The front reception room has two double sash windows overlooking the park bringing in heaps of natural light and a wonderful feature fireplace, there is a separate modern and fully fitted kitchen with black worktops and white high gloss units, integrated appliances including dishwasher and under counter fridge located at the rear of the property. There are two good sized bedrooms on the first floor, the large master bedroom is next to the front reception room and there is a second large single bedroom at the rear, the bathroom is fully tiled with shower over bath and side window. The stairs leading to the second floor are open tread and at the top is a wonderful full size loft room with rear window allowing lots of natural light into the room which could be used as either a third bedroom, office, TV room or playroom, it really is a multi purpose space.
The property also benefits from wonderful high ceilings and period doors and fittings, the majority of windows are double glazed, and it has a new combination boiler and heating system, it has recently been repainted and fitted with new grey carpets giving the property a smart stylish contemporary feel.
It has access to excellent transport links, on street permit parking and is just moments from St Josephs Catholic Primary School and King Athelstan School both are OFSTEAD GOOD. Most importantly the property has a share of the freehold with the ground floor flat owners and has no onward chain, making it an excellent first-time buyers’ property or investment property.
Lease – Share of Freehold
Ground Rent - Nil
Service Charge - Responsible for maintenance to upper floor
EPC - D
Council Tax Band - C
Pros of this property:
• Share of Freehold
• Service Charge – nil just cost of repairs
• Ground rent - nil
• Potential Rental income £1650 pcm (Students/Professional Sharers) £1500 family
• Good sized bright flat, immaculate condition
• first and second floor maisonette with own front entrances
• Separate kitchen and large living room
• Gas central heating and new boiler
• Opposite Fairfield Recreation Grounds and 5 mins to central Kingston or train station.
Purchase Price 1 Bed = £430,000
Rental income £1650 pcm therefore over 12 months = £19,800 therefore £430,000 divided by £19,800 = 21.72
We then divide 100% by 21.72 = 4.6% gross yield
Viewing is strictly by appointment only through Greenwoods Residential Sales & Lettings
Measurements, areas and distances are approximate. Floor plans and photographs are for guidance purposes only and must not be relied upon for any purpose. All appliances listed in these details are only ‘as seen’ and have not been tested by Greenwoods Residential, nor have we sought certification of warranty or service, unless otherwise stated. These details are offered on the understanding that all negotiations are made through this company. Neither these, nor verbal representations, form part of any offer or contract, and their accuracy cannot be guaranteed.
Greenwoods Residential is contracted by the seller to establish how anyone who wishes to make an offer on this property intends to fund its purchase and their buying status. When making an offer on this property, you will be asked a series of questions relating to how you intend to buy the property and whether your offer is dependent on the sale of another property. This information, along with the amount of your offer, will then be forwarded onto our client for consideration. All offers on this property should be made through this office.