Kenilworth Road, Leamington Spa, Warwickshire

Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 1

Agent: Leaders - Kenilworth Phone: 01926 566367

* * Top Floor Town House Living - NO CHAIN * *<br/><br/>A rare opportunity to acquire a town centre apartment situated within this period conversation that is offered with no onward chain, perfect for first time buyers. Enjoying a prime, city centre position with access to glorious adjoining park is this superb, two double bedroomed, top floor apartment with 970+ year lease. <br/><br/>The Town House offers an attracting "lock-up and leave" style accommodation with benefits of having Leamington Spa town centre on your doorstep with an array of bars and restaurants at your leisure, along with a beautiful park across the road.. Leamington Train Station is a brief walk and the A46 and M40 is a short drive to offer great transport links to nearby towns and cities. <br/><br/>This top floor apartment briefly comprises; a spacious living / dining room through to a fully integrated kitchen that has been well maintained, two double bedrooms that offers excellent under-eaves storage, with a rear aspect and three piece family bathroom.<br/><br/>We have been advised by the vendor that the service charge is £2724 P/A with an annual ground rent of £514 per annum. There are 979 years remaining on the lease with a council tax band of D payable to Warwickshire District Council. As ground rent exceeds £250, buyers should make their own enquiries if purchasing via a mortgage prior to making any transactional decisions, a deed of variation has been suggested which the freeholder is open to and also the forthcoming potential changes to legislation may provide a remedy.<br/><br/>This apartment is valued for rental purposes at £1300 PCM and 6.24% yield based upon the asking price.<br/><br/>Parking permits are available through the council with ample parking in the area.<br/><br/>Viewing is encouraged to avoid disappointment.