Property SummaryFOR SALE AS AN INVESTMENT SUBJECT TO AN ASSURED SHORTHOLD TENANCY
PRICE: Offers in the region of £98,000 are invited (Subject to contract)
GROSS INCOME: £6,420 p.a.
BRADEGATE DRIVE is a modern development of bungalows for occupation by those aged 60 and over. It leads off Eye Road in the section between Eastfield Road and Belvoir Way and forms part of an established residential area located about 3 miles north-east of the city centre. Local amenities include neighbourhood shopping facilities and schools and there is a bus service to and from the Queensgate shopping complex. There is good access to the city's Parkway system and there is a Sainsbury superstore within a few minutes' drive.
THIS TWO BEDROOM TERRACED BUNGALOW is believed to date from the 1980s and has brick elevations with an interlocking tiled roof.
ENERGY PERFORMANCE CERTIFICATE
A copy of the full Energy Performance Certificate is available for inspection at our office.
Band 'B' payable to Peterborough City Council.
THE ACCOMMODATION is as follows (N.B. All dimensions are approximate) :-
Entrance Porch: uPVC entrance door with obscured double glazed panels. uPVC double glazed window with side aspect. Built-in store/meter cupboard. Inner door with obscured glazed panels.
L-Shaped Entrance Hall: Fitted carpet. Built-in airing cupboard with hot water cylinder. "Dimplex" electric heater. Trap-door to roof-void.
L-Shaped Lounge/Diner: 17' 10" x 11' 10" narrowing to 8' 9" (5.44m x 3.61m narrowing to 2.67m). uPVC double glazed window with front aspect. Fitted carpet. Double glazed window with rear garden aspect. Two "Dimplex" electric heaters. TV point. Telephone point. Door, with double glazed top panel, leading to:-
Conservatory: 10' 2" x 7' 4" (3.10m x 2.24m). uPVC double glazed windows on three sides. Tiled floor. uPVC door with double glazed top panel, leading to communal garden.
Kitchen: 7' 5" x 6' 8" (2.26m x 2.03m). uPVC double glazed window with rear garden aspect. Walls part tiled. Worktops with inset stainless-steel sink and with drawers and cupboards under. Matching wall-mounted cupboards. "Dimplex" electric heater. Electric cooker point. Plumbing for washing machine.
Bedroom 1: 10' 8" x 10' 1" (3.25m x 3.07m), including fitted wardrobe. uPVC double glazed window with rear garden aspect. Fitted carpet. "Dimplex" electric heater. TV aerial socket.
Bedroom 2: 10' 2" max. x 6' 10" max. (3.10m max. x 2.08m max.). uPVC double glazed window with front aspect. Fitted carpet. "Dimplex" electric heater.
Bathroom: 6' 10" x 6' 2" (2.08m x 1.88m). uPVC obscured double glazed window. Walls part tiled. Panelled bath with "Triton Ivory" electric shower over. Pedestal hand-basin. Close-coupled W.C. Chrome ladder-style towel rail/radiator. "Dimplex" electric heater.
Open-Plan Front Garden
Communal Rear Garden: There is a patio area and a timber shed for the private use of No. 43 with communal gardens beyond laid mainly to lawn.
VIEWING & DIRECTIONS
Viewing is only by prior arrangement through this Agency.
Leave Peterborough city centre via Broadway, go straight over the traffic lights at the junction with Crawthorne Road, continue to the next set of lights and turn left onto Eastfield Road. Go straight over the lights at the junction with Newark Avenue then fork left at the next set of lights to join Eye Road, continue to the T junction and go straight on to continue along Eye Road. Take the first right turn and Bradegate Drive is then the first turn on the right. This property is at the far end of Bradegate Drive and viewers need to access on foot, via the footpath leading to the right after the communal parking area.
Viewing is only by prior arrangement through this Agency. We are informed by the Vendor that the property is leasehold with approximately 68 years unexpired as at October 2019. The Vendor also informs us that the annual service charge for the year to 31st March 2021 is £1,944.00 (paid monthly £162.00). The lease includes the use of a communal Lounge and Laundry Area within the annual service charge. The sale is subject to an existing Assured Shorthold Tenancy at a current rent of £535.00 per calendar month.
It is understood that all mains services, other than gas are either connected, or are available for connection to the property.
None of the appliances or services has been tested and prospective purchasers must satisfy themselves that they are in working order. The floor plan included in these particulars is intended as an approximate guide only and its accuracy is not guaranteed.
Please note that L & H Homes who provide the communal facilities on the complex have requested that prospective purchasers of the leasehold are informed that the development was designed for “independent retirement living” and no care or assistance is provided by the company.
The Agents for themselves and for the owner of this property hereby give notice that: (1) These particulars do not in any way constitute an offer or a contract; (2) Any intending purchasers/tenants must not rely on the statements made in these particulars as representations of fact, but must satisfy themselves by inspection or otherwise as to their correctness as they are made without acceptance of any responsibility on the part of the Agents or the owner; (3) No representation whatever in relation to this property is made or given by the Agents or the owner, nor has any person in their employment any authority to make or give any such representation or warranty.