South Street, Leominster

£59,950

Guide price

  • Bedrooms: 1
Conveniently situated close to the town centre and amenities an attractive ground floor apartment sympathetically converted from a pre-existing Malt House and offering gas fired centrally heated living accommodation to include a reception hall, sitting/bedroom, open plan modern kitchen with appliances, bathroom with shower and a residents bike shed and drying area.

This ground floor apartment would be an excellent buy to let property being easy to maintain, well looked after by the current owner. The property benefits from being gas fired centrally heated having a modern open plan 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 ground floor apartment.

Details of 4 The Old Malt House, South Street, Leominster are now as follows.

From a well lit communal lobby a door opens into:

Reception Hall

The reception hall has a ceiling light and an intercom system operating the main front door.

A door from the reception hall opens into:

Sitting Room/Bedroom

3.35m x 2.57m (11' x 8'5 )

The sitting room/bedroom area has a ceiling light, smoke alarm, wall lighting, panelled radiator with thermostat control, power points, TV aerial point and telephone point subject to BT regulation.

Off the sitting room/bedroom is an open plan kitchen.

Kitchen

2.74m x 1.52m (9' x 5')

The open plan kitchen area is modern with a working surface with rolled edge, an inset one and a half bowl, single drainer sink unit, mixer tap over, cupboard under and an integral washing machine, The working surface continues with base units of cupboards and drawers, built-in fridge, planned space for an electric cooker, extractor hood and light over. The kitchen has a range of matching eye-level cupboards, tiling to splashbacks, plenty of power points, ceiling light cluster, smoke alarm, ceramic tiled floor and a leaded glazed window to the front. Situated in the kitchen is a gas fired combination boiler heating hot water and radiators as listed.

From the reception hall a door opens into:

Bathroom

2.44m x 1.52m (8' x 5')

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

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 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 £300 per month, a return of 6.00%.

Agents Note

This apartment has been a successful rental for the current owner and would be an excellent buy to let for a new purchaser.

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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