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£99,995

Old School House, Shotley, IP9

  • 1 bed
Flat

£99,995

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£456 per month

Minimum deposit amount:

£5,000
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We are delighted to offer for sale this IMMACULATE ONE BEDROOM APARTMENT. The current vendor enjoyed this property prior to turning it into an investment property, that they have benefitted from for many years and could achieve a rental income of around ?725.00pcm.?

This first floor apartment would also make a great first time purchase, holiday home or retirement property.?

The Old School House retains many original features to include high skirting boards, cornice ceilings, sash windows and parquet flooring to name a few.?

Steeped in history the original School House was built in 1803 and then reconfigured and renovated in 1987 to form fantastic apartments comprising of spacious one and two bedrooms, but still retaining some of the stunning features when first built.?

Shotley is well known for being a village with a great sense of community and due to this in recent years the the area has grown with new developments.?

The village offers great countryside and riverside walks along and great facilities for sailing and water sports.?

Shotley lies around 10 miles from Suffolk's County Town of Ipswich.?

The apartment is located on the first floor and comprises of the following:?

DOOR TO:

COMMUNAL HALLWAY: Which is extremely well maintained with stairs to all floors.

PRIVATE ENTRANCE HALL: Intercom system, loft access, parquet flooring, electric wall mounted heater.?

OPEN PLAN LOUNGE/DINING/KITCHEN: 20ft x 12ft 7' Large sash windows with vertical blinds, parquet flooring, electric wall mounted heaters, coved ceilings with LED inset spotlights, modern kitchen with matching wall and base units, complimentary splashbacks, ample work surfaces incorporating a stainless steel single drainer sink unit,? breakfast bar, integral dishwasher, fridge and freezer, washing machine together with built in oven and hob with extractor canopy over, partition wall with feature glass brick design leading to:?

BEDROOM AREA: 10'0 x 7'5 Large sash window, parquet flooring, coved ceiling with LED inset spotlights.?

SHOWER ROOM: Contemporary shower room with large walk in shower with large screen, fully tiled walls, power shower, modern dual flush w.c and wash hand basin set in modern white units, shaver point, LED inset spotlights with extractor, wall mounted electric heater and vanity mirror.?

Externally there are communal gardens together with an allocated parking space.?

AGENTS NOTE: We understand from the current owner that the lease was granted for 125 years in 1987, leaving 77 years remaining.?

GROUND RENT: We understand this is currently ?80.00 per annum (?40,00 every six months)?

SERVICE CHARGES: We understand this to be around ?1400.00 per annum, and currently paid monthly.?

Council tax band: A, Tenure: Leasehold, Annual ground rent: £80, Annual service charge: £1400, EPC rating: D
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