This property has been taken off the market.

1 Bed Flat For Sale Drew Crescent, Kenilworth, CV8

£135,000- Flat

1 of 9
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 23rd April 2024

Description

CASH BUYERS ENCOURAGED DUE TO LENGHT REMAINING ON LEASE. A quite superbly positioned one bedroom ground floor apartment with the benefit of double glazing and gas fired central heating. This town centre apartment with the unusual benefit of two parking spaces is located in the heart of Kenilworth town centre and would make an ideal downsize, or investment property with a potential rental return of £750 per calendar month. The property is well presented and offers; open porch, good size lounge/dining room, re fitted kitchen with appliances, good sized double bedroom , three piece white bathroom with shower over bath, inner hall with large storage cupboard and to the front of the property there is parking for two vehicles. The property is offered to sale with no onward chain.

Entrance - Approached via a pathway and two parking spaces, double glazed front door leading into the

Reception Porch - With ceiling light, coat hooks, inset matting, into the

Lounge/Dining Room - 4.64 x 2.71 (15'2\" x 8'10\") - With two central ceiling lights, range of power points, radiator, t.v. aerial and telephone points, feature arch way to the

Kitchen - 3.77 x 1.66 (12'4\" x 5'5\") - Fitted with a range of matching beech fronted base and wall units with marble effect rounded edge work surfaces, single drainer stainless steel sink, space for large upright fridge/freezer in recess also housing the new Baxi 800 combination boiler, space and plumbing for automatic washing machine and separate dryer, ceramic tiling to splash back areas, central ceiling spot light, Beko single fan assisted oven with electric hob and illuminated extractor hood over, new vinyl floor, double glazed window to front.

Inner Lobby - With panelled door to useful under stairs storage cupboard with power point and light, also usable as a walk-in wardrobe.

Double Bedroom - 2.82 x 3.35 (9'3\" x 10'11\") - With radiator, central ceiling light, double glazed window to rear, power point with USB ports.

Bathroom - With a three piece white suite, low level w.c., pedestal wash hand basin, P shaped panelled bath with central mixer tap with matching chrome shower attachment with ceramic tiling to full height to two walls, radiator, opaque double glazed window to side, vinyl floor covering, vanity cabinet with mirror and extractor fan.

Outside/Parking - To the front of the property there is allocated off road parking for 1/2 vehicles and to the side of the property there is a lawned garden with miniature conifer hedging and pathway.

Tenure - The property was built in 1984 on a 99 year lease with a ground rent of £20 per annum. There are no maintenance/service charges. The lease has 61 years remaining, we anticipate a 90 year extension on the lease costing in the region of £15,000-20,000 this will be the responsibility of the new owner and the current vendor will not be assisting with a lease extension.

Fixtures & Fittings - All fixtures and fittings as mentioned in our sales particulars are included; all others are expressly excluded.
Agent Details
Boothroyd & Company
19, The Square, Kenilworth, CV8 1EF
Show Contact Number
01926 857 244

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£135,000
Kenilworth, CV8
Apartment
7
£375,000
Kenilworth, CV8
Semi Detached
6.9
£275,000
Kenilworth, CV8
Terraced
6.7
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested