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£182,000

The Grosvenor, High Street, Newmarket, Suffolk, CB8

  • 1 bed
Flat

£182,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£831 per month

Minimum deposit amount:

£9,100
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A 1 bedroom lower basement apartment forming part of the modern building attached to the The Grosvenor, a landmark building that has graced Newmarket for over 80 years. Originally opened as The Doric in the late 1930s, this former picture house took its name from the classical Doric columns that still define its striking fa�ade and over the decades, the building has played many roles in the town�s cultural life, from cinema to cabaret club, and now as a boutique residential address. The accommodation includes an open plan fitted kitchen and living area, a double bedroom and a large shower room. Externally the property benefits from ANPR controlled parking. Location Newmarket is renowned as the British Headquarters of horse racing offers an interesting and varied range of local shops and amenities. These include the National Horse Racing Museum, a twice weekly open air market, hotels, restaurants and modern leisure facilities. There is a regular railway service to London�s Kings Cross and Liverpool Street stations via Cambridge. An excellent road network links the region�s principal centres, including the University City of Cambridge and the historic market town of Bury St Edmunds, both approximately 13 miles from Newmarket. Accommodation Entrance hall with an entrance door with a security card entry system, intercom providing remote access from the main entrance door to the building. Open plan kitchen and living room 19'7" x 11'6" with a well equipped fitted kitchen with range of base and wall mounted units, worktops and upstands and a a recessed sink, integrated appliances comprising an oven and grill with 4 burner hob and extractor hood over, washer/dryer, slimline dishwasher, fridge and separate freezer, living area with bay window. Bedroom 11'7" x 10'3" with a window to the front aspect. Shower room with a tiled shower cubicle, hand basin and low level WC, built in cupboard. Outside The Grosvenor apartments are within an historic building, historically the town's former cinema and located within walking distance of the High Street and local amenities. In recent times the building has been renovated throughout and with the addition of a contemporary modern structure at the side and rear. Flat 4 is a lower ground floor apartment located in the modern part of the building overlooking the external landscaped garden area to the left of the main entrance. Access to the main building is via a main entrance door which benefits from a security intercom entrance system. Once inside the building stairs lead down to the lower ground floor and following the signage the property can be reached via an entrance hall shared with a number of adjacent apartments. To the rear of the property is a shared parking area with an ANPR camera system ensuring private use for the owners of the Grosvenor apartments. The property benefits from the use of the parking for one specified vehicle. Services Mains water, gas, drainage and electricity are connected. The property is in a conservation area and is in a low flood risk area. The property has a registered title. Controlled communal parking Internet connection, basic: 18Mbps, Ultrafast: 173Mbps. Mobile phone coverage by the four major carriers available. EPC: C Council Tax B West Suffolk District Council Tenure The property is leasehold and is held on the residue of a 125 year lease that started on the 23rd May 2019. There is a service charge currently of �1036 per year that covers buildings insurance, communal electricity, clearing, lift servicing etc. There is a ground rent of �180 per year. Agents' note The apartment is currently tenanted and the photographs provided by the vendor were taken when the apartment was unoccupied prior to the tenancy commencing.
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