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£160,000

Melrose Avenue, Wells, Somerset, BA5

  • 1 bed
Flat
Under offer/SSTC

£160,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£730 per month

Minimum deposit amount:

£8,000
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A fantastic opportunity arises to acquire a tastefully designed 1 bedroom apartment that provides a perfect blend of comfort and convenience. This charming property boasts an exceptional location with easy access to the city centre, making it an ideal first-time buy or investment opportunity. With the added bonus of a potential rental income between £675 to £700 PCM, this apartment offers the best of both worlds.
As you step into this impressive apartment, you will immediately notice the bright and welcoming ambiance that greets you. The spacious living area provides an inviting space to relax or entertain guests. The roomy dimensions allow for flexible furniture arrangements, ensuring you can create your perfect setting.
Adjacent to the living area, a dining area awaits, which can easily double up as a potential second bedroom, depending on your needs. This adaptability makes the apartment suitable for those looking for additional space to accommodate guests or work from home.
The fitted kitchen features some built in appliances with ample storage space for all your culinary essentials. From preparing your morning coffee to whipping up a gourmet dinner, this well-designed kitchen will cater to all your culinary endeavors.
The apartment boasts a comfortable and well-proportioned bedroom, offering a peaceful sanctuary to rest and rejuvenate. The calming ambiance and ample natural light create a serene atmosphere, ensuring a good night's sleep every night.
Completing the property is a bathroom. The bathroom features fixtures and fittings, providing a space to unwind and indulge in a long soothing bath or quick refreshing shower.
An added advantage of this exceptional property is the allocated parking space, ensuring you never have to worry about finding parking on busy streets. This convenience is particularly valuable in an area where parking is at a premium.
Living in this apartment offers countless amenities at your fingertips. With just a short walk, you can find yourself immersed in the vibrant energy of the city centre, where charming cafes, restaurants, and boutique shops await. The wonderful array of cultural attractions and entertainment options ensures there is something for everyone.
In addition to its unbeatable location and exceptional features, this apartment offers the advantage of no onward sales chain, streamlining the buying process and allowing for a swift and hassle-free transaction.
If you are an astute investor, this property presents a compelling investment opportunity. With the potential rental income of £675 to £700 PCM, it promises a healthy return on your investment and a steady source of income.
Don't miss out on this chance to own a charming 1 bedroom apartment in Wells. Whether you're a first-time buyer, a seasoned investor, or someone seeking a comfortable and well-located home, this property ticks all the boxes. Arrange a viewing today and embrace the vibrant lifestyle that awaits you in the heart of Wells.

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£730 per month
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Stamp Duty tax
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Mortgage and legal costs:
£999
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