South Street, Leominster

£81,950

Guide price

  • Bedrooms: 1
Conveniently situated close to Leominster's town centre and amenities a well appointed and spacious first floor apartment converted from a grade 2 listed pre-existing malthouse and offers modern, gas fired centrally heated living accommodation to include reception hall, good sized lounge, modern kitchen with appliances, 1 double bedroom, bathroom, and use of a small communal area to include a bike shed and clothes drying area. The property is an ideal purchase for investment buyers.

A spacious and well presented first floor apartment which would be an excellent buy to let property or first time purchase. The property benefits from being gas fired centrally heated, having an attractive double aspect view and accommodation to include a separate kitchen with appliances, bathroom with shower and use of a residents area to the rear with cycle shed and drying area. The property is grade 2 listed and was sympathetically converted from a pre-existing Malt House by Finale Properties Ltd.

The property is well positioned for Leominster's main town centre and amenities to include shops and supermarket's, cafe's and restaurants. There is a nearby sports centre with swimming pool and the cathedral city of Hereford is just 13 miles to the south. Motorway links are available at Worcester 30 miles to the east.

The property is a 1st floor apartment.

Details of Flat 9, The Old Malt House, South Street, Leominster are as Follows:

A door from a communal landing opens into:

Reception Hall

Having a ceiling light, intercom system operating the main entrance door.

A door from the reception hall opens into:

Lounge

4.60m x 4.39m (15'1 x 14'5 )

The spacious lounge has two leaded glazed windows to front of the property, overhead and wall lighting on separate dimmer controls, smoke alarm, telephone point subject to BT regulations, TV aerial point and two panelled radiators bath with thermostat controls.

From the lounge a door opens into:

Kitchen

3.45m x 1.57m (11'4 x 5'2 )

The modern kitchen has a working surface with an inset one and a half bowl, single drainer, sink unit, mixer tap over and a washer/dryer under. The working surface continues with base units under to include cupboards,a drawer and an integral dish washer. Built into the working surface is a 4 ring gas hob, matching electric oven under and an extractor hood with light over. The kitchen has matching eye-level cupboards with pelmet and cornice, planned space for a fridge/freezer, ceiling light cluster, smoke alarm, panelled radiator with thermostat control, tiled splashbacks, double glazed window to the rear, plenty of power points and tiled flooring.

From the lounge opens into the bedroom.

Bedroom

3.23m x 2.31m (10'7 x 7'7 )

The bedroom has a ceiling light, leaded glazed window to the front and a small opening window to the front, inspection hatch to the roof space above, power points, panelled radiator with thermostat control and wall lighting.

A door from the bedroom opens into the bathroom.

Bathroom

The bathroom has a suite in white including a side panelled bath with hand grips, mains fed shower over, pedestal wash hand basin and a low flush W.C. The bathroom has a ceiling light, extractor fan, panelled radiator, mirror with shaver-light over and tiled flooring.

Outside

The property is situated in an attractive development of apartments converted from a pre-existing malt house and the property is conveniently situated for Leominster's town centre and amenities and residents are allowed to park a vehicle in the courtyard for unloading purposes and parking permits are available to purchase directly opposite at Leominster's Sport and Social Club. Residents of The Old Malt House have use of a small enclosed communal area to the rear where there is a cycle shed and enclosed drying area.

Services

All mains services are connected, gas fired central heating and telephone to BT regulations.

A lease of 125 years started in 2018, a ground rent of £150.00 and a Service Charge of £307.00 are Payable to the Freeholder Finale Properties Ltd annually.

Rental Return

The owner of the property has been achieving £465 per month, a return of 6.80%.

APPLIANCES

Please note that the agents have not tested the appliances to the property and cannot verify they are in working order.

DISCLAIMER

Jonathan Wright Estate Agents for themselves and the seller of this property, whose agents they are, give notice that these particulars do not constitute any part of an offer or contract, that all statements contained in these particulars relating to this property are made without responsibility and are not to be relied upon as a statement or representation of fact and that they do not make or give any representation or warranty whatsoever in relation to this property.

Any intending buyers must satisfy themselves by inspecting or otherwise as to the correctness of each of the statements contained in these particulars. These particulars are issued solely on the understanding that all negotiations are conducted throughout this agency.

Arrange viewing 01568 368012

Jonathan Wright

24-27 High Street, Leominster, Herefordshire

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