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£100,000

Ashdene Gardens, Kenilworth, CV8

  • 1 bed
Flat

£100,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£457 per month

Minimum deposit amount:

£5,000
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Part of a complex of apartments and bungalows this ground floor apartment is offered with an Assured Tenancy. The lease has been extended to 150 years from 2018 - full lease information is on the final page of this brochure. With a monthly rental income of £875 pcm, it offers an attractive yield (including service charge and ground rent) of over 7.5 %

There is a on site manager, 24 hour surveillance cameras, communal lounge with daily events and activities, kitchen, laundry and lift facilities and 2 guest/family bedrooms for overnight stays.

The current tenant has been in residence for just over 10 years and the Tenancy agreement is assignable (a draft copy can be provided on request).

To lessen the intrusive to the current tenant we have completed a full walk around video tour of the apartment and some of the communal areas to give an indication of the apartment size and presentation.

The complex is restricted to over 55's, and the service charge includes maintenance of all communal areas, lighting and gardens, water rates and building insurance. There are non-exclusive parking bays and amenities are walkable with Kenilworth Centre also nearby.

Things to Know...

The Property is sold as an Assured Tenancy sale. The property is Leasehold with a renewed Lease term from 1st September 2018 for 150 years. The ground rent amounts to approx. £360 per annum with an annual service charge of £2,487.57.

Services - The apartment has mains water, drainage and electricity.

Subjective comments in these details imply the opinion of the selling agent at the time these details were prepared. Naturally the opinions of the purchasers may differ. The details are for guidance only and do not form part of the contract. It is advisable that prior to exchange of contracts purchasers walk the boundaries and ensure they are in accordance with the title plan. We also suggest Fixtures and Fittings are confirmed at the point of negotiation.

Money Laundering - We have procedures in place to forestall and prevent Money Laundering. Should we be concerned that an offence is being committed we will act in accordance with the Proceeds of Crime Act 2002 and disclose our concerns to the National Crime Agency.

Local Authority is Warwick D.C with a Tax Band of B equating to approx. £1,667 per annum.

Referral Fees - Kingsman can offer referral advice to third party providers for mortgage advice, conveyancing assistance and surveying work. Our referral fees can vary case to case but are normally within a £50 to £350 variance. Please ask for more details if you would like clarity on any such referral fee we may be paid.




Council Tax Band: B (£1,667) (Warwick D.C)
Tenure: Leasehold (145 years)
Ground Rent: £359.8 per year
Service Charge: £2,487.57 per year
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Property details

£100,000

1 bed flat for sale

Ashdene Gardens, Kenilworth, CV8
Part of a complex of apartments and bungalows this ground floor apartment is offered with an Assured Tenancy. The lease has been extended to 150 years from 2018 - full lease information is on the final page of this brochure. With a monthly rental income of £875 pcm, it offers an attractive yield (including service charge and ground rent) of over 7.5 %

There is a on site manager, 24 hour surveillance cameras, communal lounge with daily events and activities, kitchen, laundry and lift facilities and 2 guest/family bedrooms for overnight stays.

The current tenant has been in residence for just over 10 years and the Tenancy agreement is assignable (a draft copy can be provided on request).

To lessen the intrusive to the current tenant we have completed a full walk around video tour of the apartment and some of the communal areas to give an indication of the apartment size and presentation.

The complex is restricted to over 55's, and the service charge includes maintenance of all communal areas, lighting and gardens, water rates and building insurance. There are non-exclusive parking bays and amenities are walkable with Kenilworth Centre also nearby.

Things to Know...

The Property is sold as an Assured Tenancy sale. The property is Leasehold with a renewed Lease term from 1st September 2018 for 150 years. The ground rent amounts to approx. £360 per annum with an annual service charge of £2,487.57.

Services - The apartment has mains water, drainage and electricity.

Subjective comments in these details imply the opinion of the selling agent at the time these details were prepared. Naturally the opinions of the purchasers may differ. The details are for guidance only and do not form part of the contract. It is advisable that prior to exchange of contracts purchasers walk the boundaries and ensure they are in accordance with the title plan. We also suggest Fixtures and Fittings are confirmed at the point of negotiation.

Money Laundering - We have procedures in place to forestall and prevent Money Laundering. Should we be concerned that an offence is being committed we will act in accordance with the Proceeds of Crime Act 2002 and disclose our concerns to the National Crime Agency.

Local Authority is Warwick D.C with a Tax Band of B equating to approx. £1,667 per annum.

Referral Fees - Kingsman can offer referral advice to third party providers for mortgage advice, conveyancing assistance and surveying work. Our referral fees can vary case to case but are normally within a £50 to £350 variance. Please ask for more details if you would like clarity on any such referral fee we may be paid.




Council Tax Band: B (£1,667) (Warwick D.C)
Tenure: Leasehold (145 years)
Ground Rent: £359.8 per year
Service Charge: £2,487.57 per year