For investment purposes the property is likely to achieve a likely rental income of £775pcm producing a 6.4% yield if sold at the asking price. NO ONWARD CHAIN. Two bedroom first floor apartment located in the highly desirable village of Lambourn. This smart and spacious apartment has been kept in very good condition throughout by the current owners and is an ideal buy for an investor or somebody looking to live in a rural yet accessible area. Allocated parking is available for two vehicles. EPC Rating C.LOCAL INFORMATION
Lambourn is a bustling village renowned for its horse racing connections. It offers the convenience of local shops, post office, church, primary and junior schools and recreational facilities and is only 5 miles from junction 14 of the M4 motorway. The market towns of Hungerford and Wantage are approximately 8 miles distant, Newbury 13 miles, Swindon 10 miles and Didcot 14 miles with a main line route to London Paddington. Connecting trains are also available at the nearer location of Hungerford.ACCOMMODATION
Accommodation comprises; entrance hallway, lounge, kitchen with fitted units and gas hob, master bedroom with dual aspect windows, guest bedroom and family bathroom. For storage purposes there is a large hallway cupboard and an airing cupboard. OUTSIDE SPACE
The property is located in a smart courtyard development abutting Lynch woods with some very nice walks nearby. The property has two allocated parking spaces within the courtyard. LOCAL AUTHORITY and SERVICES
West Berkshire Council
Council Tax Band - C
Mains services connected
91 years remaining on lease
£280 per annum service charge which covers exterior communal areas. The three apartments in this block keep interior communal area clean and tidy.CONVEYANCING
Through our in-house Conveyancing team, we can ensure ease and efficiency for a competitive, no-sale, no-fee quote. Visit www.davistate-conveyancing.co.uk for a quote today. MORTGAGES
Whether you`re a first time buyer or a current home owner; Davis Tate can provide you with access to Mortgage Advisors who can assist with professional advice.
Davis Tate Ltd is an introducer appointed representative of First Complete Ltd for purpose of the provision of advice in relation to mortgage and non investment insurance products. Mortgage and Protection advice is provided by LSLi Ltd t/a Embrace Mortgage Services, an appointed representative of First Complete Ltd. First Complete Ltd is authorised and regulated by the Financial Conduct Authority.
LSLi Ltd t/a Embrace Mortgage Services charge a fee of between £399 and £699 on application. The amount we will charge is dependent on the amount of research and administration that is required.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE DISCLAIMER
These particulars are a general guide only. They do not form part of any contract. Services, systems and appliances have not been tested.
Property Features :
- Investment opportunity
- Potential Rental yield 6.4%
- Accessible village location
- Allocated parking for two vehicles
- Close to local amenities