A ONE BEDROOM APARTMENT SITUATED WITHIN THIS PURPOSE BUILT DEVELOPMENT. TO BE SOLD, SUBJECT TO THE CURRENT TENANCY WHICH PRODUCES £460.00 PCM. COMBINATION BOILER (GAS CERTIFICATE 3/2/2023) AND UPVC DOUBLE GLAZING. OPEN PLAN LIVING WITH LOUNGE, DINING AREA AND FITTED KITCHEN (BUILT IN OVEN & HOB). ONE DOUBLE BEDROOM AND BATHROOM WITH THREE PIECE SUITE AND MAINS SHOWER. PRIVATE, GROUND FLOOR POSITION LOCATED TO THE REAR OF THE BUILDING. GATED COMMUNITY WITH PARKING AND GROUNDS AROUND THE DEVELOPMENT. EXCELLENT INVESTMENT OPPORTUNITY, PRODUCING 7.4% GROSS RETURN ON ASKING PRICE. EICR (JULY 2023)

VIEWING

and further information through our Mansfield office on 01623 422777. Alternatively, email sales@davidblount.co.uk

DIRECTIONS

From Stockwell Gate proceed up the hill, turning right onto Bancroft Lane. Turn right onto Chaucer Street and the entrance to the development is at the bottom of here. There is also a pedestrian access off Rosemary street.

ACCOMMODATION COMPRISES



Bancroft House is on the right hand side of The Connexion with a communal door leading into a glass atrium. The apartment is on the ground floor.

ENTRANCE HALL

Entrance door with security spyhole . Radiator and laminate flooring. Large cupboard housing the combination boiler and consumer unit.

OPEN PLAN LIVING WITH LOUNGE, DINING AREA & KITCHE

6.86m x 3.10m increasing to 4.90m (22'6 x 10'2 inc

Having UPVC French doors to the rear patio area. Laminate flooring and two radiators. Additional UPVC side aspect. The dining area is also suitable to be used as a home office space. The kitchen area has base and eye level units, work surfaces and stainless steel sink unit and single drainer. Built in electric oven, gas hob and cooker hood.

BEDROOM ONE

3.18m x 3.07m (10'5 x 10'1)

UPVC rear aspect. Radiator.

BATHROOM

Three piece white suite comprising panelled bath, wash hand basin and WC. Mains shower, radiator and tiled bath surround.

OUTSIDE

There is a parking space for each apartment and there is also a motorbike and cycle shelter. Communal gardens include grassed and planted areas.

NOTE FOR BUYERS

We shall not be looking to serve notice on our tenant prior to completion. The tenant has lived here for several years and wishes to remain.The Connexion apartments are leasehold, although on completion you become a shareholder in The Connexion Management Company Limited, who own the freehold. The lease is for a period of 200 years from the 1st January 2003.An annual service charge is payable, with the financial year running from the 1st July - 30th June inclusive. For the six months from 1st July 2023 31st December 2023, the service charge has been fixed at £540.00 (£90.00 a month). This service charge covers items such as commercial cleaning, maintenance of the grounds, wireless broadband, CCTV system, fire safety servicing/programming of the electric gates and door entry systems.The property is in council tax band A (Mansfield District Council).

FINANCIAL ADVICE

we offer help and advice in arranging your mortgage. Please contact this office. Written quotations available on request. YOUR HOME IS AT RISK IF YOU DO NOT KEEP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

MONEY LAUNDERING

under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e. passport, driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase or sale of a property.

AS WITH ALL OUR PROPERTIES

we have not been able to check the equipment and would recommend that a prospective purchaser should arrange for a qualified person to test the appliances before entering into any commitment. MA5530/10.07.2023