Davys House, St Mary’s Court

£92,000 OIRO
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Property Summary

FOR SALE AS AN INVESTMENT, SUBJECT TO AN ASSURED SHORTHOLD TENANCY

Gross Income: £6,900 p.a.

PRICE: Offers in the region of £92,000 are invited (Subject to contract)

 

DAVYS HOUSE forms part of the St Mary’s Court complex located on the corner of City Road and St John’s Street, close to the Cathedral and the city centre. Local amenities, including a wide range of leisure facilities, schools and the Queensgate shopping centre, are within walking distance. The complex was extensively improved a few years ago including landscaping of the communal gardens and providing secure entry into the grounds.   The complex has an on-site caretaker and a community meeting/activity room.

 THIS ONE BEDROOM GROUND FLOOR FLAT is believed to have been built in 1960s.

ENERGY PERFORMANCE CERTIFICATE

A copy of the full Energy Performance Certificate is available for inspection at our office.

COUNCIL TAX

Band ‘A’ payable to Peterborough City Council.

THE ACCOMMODATION  is as follows (N.B. All dimensions are approximate) :-

GROUND FLOOR

Communal Entrance Hall:  Security-entry system. 

 

THE FLAT

Entrance Hall:  17’ (5.18m) x 3’ 1” (0.94) min.  Entrance door with spyhole.  Fitted carpet.  Built-in cloaks closet.  Built-in cupboard housing “Johnson & Starley JT/RS” gas-fired warm air heating unit with heating vent. Built in storage cupboard.   Walk in Cycle Store/Utility Store:  6’ x 3’ (1.83m x 0.91m).  Electric light.

L-Shaped Lounge:  17’ 8” (5.39m) max. x 11’ 5” (3.48m) max.  uPVC double glazed French doors with matching window to each side leading to patio area.  Heating vent.  TV point.  Telephone point. 

Kitchen/Breakfast Room:  14’ (4.27m) max. x 8’ 8” (2.64m) max., including built-in storage cupboard.  uPVC double glazed window.  Walls part tiled.  Vinyl flooring. Worktops with inset stainless-steel sink and with drawers and cupboards under.  Matching wall-mounted cupboards.  Plumbing for washing machine.  Service hatch to Lounge.  Heating vent.  Door to:-

Rear Lobby:  External door with obscured double glazed top panel leading to rear patio area. 

Double Bedroom:  12’ 8” x 10’ 5” (3.86m x 3.18m).  uPVC double glazed window.  Fitted carpet. 

Bathroom:  8’ 4” x 4’ 6” (2.54m x 1.37m).  uPVC obscured double glazed window.  Walls part tiled.  Vinyl flooring. Panelled bath with “Triton T70gsi Plus” shower over.  Pedestal hand-basin.  Close-coupled W.C.  “Creda” electric heater. 

GARDENS

Large Private Patio area

Communal gardens and parking areas:  (Underground parking is available to rent separately, subject to availability). 

VIEWING & DIRECTIONS

Viewing is only by prior arrangement through this Agency.

On foot from the car park at the side of the market, walk past the front of the Passport Office and follow the road round to the left into City Road.  The entrance to the St. Mary’s Court complex is a short distance further along on the right.  

TENURE

We are informed by the Vendor that the property is held on a 125 year lease from the 28th October 1985.  The vendor also informs us that the service charge was for the year ending the 31st March 2020 was £440, covering lighting, cleaning, maintenance of common parts and insurance etc.  The ground rent is £10 per annum.

The sale is subject to an existing Assured Shorthold tenancy at a rent of £575.00 per calendar month.

SERVICES

It is understood that all mains services are either connected, or are available for connection, to the property. 

NOTES

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.

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.