This spacious 517 Sq. Ft. (48 Sq. M.), new build ground floor modern apartment is offered to the market with a 996 year lease.
The property comprises a 12'6 x 12' double bedroom, stylish double shower room, semi open plan exceptionally well designed kitchen with aeg appliances, granite worktops and top of the range Quooker boiling tap, a 15'5 x 15' reception room with a patio sliding door opening onto an outside area.
The property is exceptionally light with high ceilings and natural stone tiling throughout. It also benefits from underfloor heating, cat 6 wiring and usb plug points and near silent top of the range Daikin air conditioning/heating.
In addition to storage cupboards within the flat, there is also a large internal secure storage/utility room as well as an external secure bicycle store room.
Ideal Buy To Let, Tenant in situ.
LocationPrince of Wales Terrace is a quiet no-through road located in the heart of Chiswick, just off the superb Devonshire Road with its collection of independent cafes, brasseries and stylish boutiques.
Moments away is the vibrant hub of activity of Chiswick High Road dotted with leafy green spaces, laid back pubs, fancy high street stores and countless cafes. There are also plenty of independent ventures along Turnham Green Terrace. From M&S to Michelin Star restaurants, this friendly community has it all.
The property has excellent transport links - Turnham Green Station (Piccadilly & District lines) is a five minute walk from the property. The M4 is also close by.
There is an option for resident permit street parking with the flat as well as single or double secure parking (with electric charging points) available at an additional cost.
Lease Information996 Year Lease, sold with one share of the management company.
When all seven flats are sold, each flat will be able to buy their share of the freehold.
Ground Rent £250 per annum (on a 25 year cycle). Purchasing a share of the freehold in the management company eliminates this.
Service ChargesCirca £1000 per annum. This includes buildings insurance cover, cleaning and electricity for the communal areas plus maintenance and repairs for the building. A small sinking fund already exists.
Bicycle StoreLarge secure bicycle store with ample space for extra storage as well as bikes (circa 10ft high ceilings).
Storage CupboardInternal, large secure storage or utility cupboard with electricity supply and including a freezer and wine fridge. The circa 10ft high ceilings allows for extra storage. Continued...
Tenant administration fees will be charged at a cost of £200 + vat for up to two people. Each additional person will be charged at £60 + vat. If a guarantor is required there will be an additional charge of £60 + vat
Average weekly rent of nearby 1 beds.
Gross yield if rented for the average rent.
Average asking price of nearby 1 beds.
43% more expensive
This property is more expensive than average.
Property prices in this area have increased at this rate per year over the last 5 years.
If historic price growth continues, this property could be worth this much in 5 years.
024 7511 8874