Wilminton Terrace, London Road, Stroud, Gloucestershire, GL5

Guide Price £130,000 | Available

2 bedroom Flat For Sale
or call 01453 763542
Standout Features

Property Description

*** CASH BUYERS ONLY *** Ideally located within a five minute walk of the Town Centre is this newly decorated modern top floor apartment which enjoys an elevated view over the surrounding countryside from a feature Juliet balcony. The living accommodation comprises of an open plan kitchen/dining/sitting room, entrance hall, 2 bedrooms and bathroom. Outside there is an allocated parking space, secure bike store, gateway leading onto Stroud Water Canal and access to the communal entrance hall from both the London road and residents car park. Other benefits include gas central heating and double glazing. Conveniently presented to the market chain free and ready to view via Parkers Stroud. Leasehold details: Start date: 1st January 2009 Lease length: 125 years, Current Ground rent: £250 PA, Current service/Main. charge: £174.00 per month - payable twice a year, Managing agents - Y & Y Management


Additional Information
Tenure:
Leasehold
Ground Rent:
£250 per year
Service Charge:
£2,088 per year
Council Tax Band:
A

Rooms
Material information
Electric supply: Mains Gas Supply: Mains Water supply: Mains Sewerage: Mains Heating: Gas Central Council Tax: Band A
Leasehold details
Start date of lease: 1st January 2009 Length of lease: 125 years Current Ground rent: £250 PA Current service/Maintenance charge: £174.00 per month - payable twice a year Managing agents - Y & Y Management
Agents note
The current Lease is dated from 2009, and under the terms of the Lease, the rent started at £250.00 per annum and then is to double every 25 years. This causes issues with the marketability of the property, and can affect the value. It also means that any mortgage lender may not want to lend on the property as it is deemed to be higher risk.

Utilities
Electricity:
Mains Supply
Sewerage:
Mains Supply
Water:
Heating:
Gas Central

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Wilminton Terrace, London Road, Stroud, Gloucestershire, GL5

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