Chandlers House, The Moorings, Leamington Spa, CV31 3QD

For Sale £220,000

2 1 1
An excellent investment opportunity to acquire a spacious (60 sq.m. 635 sq. ft.) second floor apartment located within the popular Moorings development. The flat is being sold with the current tenants in situ and currently generates a gross annual rental income of £10,800. Being ideally located for the town centre, Leamington Railway Station, local retail parks and the M40, the property benefits from a communal lift and residents\' parking. In brief the accommodation comprises a communal entrance hall with security entry system, private entrance hall, sitting/dining room, fitted kitchen, two double bedrooms and a bathroom. An internal inspection is strongly encouraged to appreciate this property and its location to the full. Tenure: The property is leasehold with approximately 97 years remaining (125 year lease from 25th December 1994). We have been informed by our client that there is an annual ground rent of £55 and the service charge is approximately £158 per month. We have not seen written confirmation of the ground rent and service charge and all buyers are advised to seek verification of all matters relating to the tenure, lease, ground rent and service charge via their legal representative before entering into a conditional exchange of contracts. Council Tax Band C EPC Band C
  • Secure Intercom System
  • Two Double Bedrooms
  • Viewing recommended
  • Walking distance to town centre
Floorplan for Chandlers House, The Moorings, Leamington Spa, CV31 3QD
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