2 bedroom retirement property for sale For Sale

£79,995

   

ROI = 23% BMV = 61.79%
Description

Chambers Estate Agents have been formally instructed to bring to the market this retirement apartment located on the ground floor of this purpose built block known as Stephenson Court, off Newport Road. The accommodation briefly comprises communal entrance hall, entrance hall, living room/dining room, fitted kitchen, two bedrooms and a shower room. The property further benefits from Upvc double glazing, gas central heating, communal lounge, communal laundry room, on-site manager, residents parking and beautiful communal gardens.  Stephenson Court is situated at the junction of Newport Road and Wordsworth Avenue and is literally within minutes walking distance of Clifton Street/Albany Road, City Road & Wellfield Road shopping centres. A regular bus service serves the area to the Cardiff City Centre which is also within walking distance.A very affordable solution for purchasers aged over 55 and looking for independent living close to the city centre. The property is now in need of some modernisation and is offered to the market with no chain and vacant possession.  Additional Information: Wales and the West grant a new 999 year Lease for each purchaser on completion. There is a Service Charge payable which we have been advised is currently approximately £133.39 per calendar month. This includes buildings insurance and a 24 hour emergency response alarm system with alarm buttons within the flats and communal areas. There is a Site Manager who works part time hours. Also included is maintenance and cleaning of both internal and external communal areas and of the laundry room that residents have use of. Domestic pets are allowed. Upon sale a levy is paid to Wales and the West by the vendor of 2% of the purchase price for each year of their ownership. Please verify via your own means.  Council Tax Band: C. Approximately £1624.00 per annum.  Land Transaction Tax: £0.00 (based on the asking price). 

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Property Details
  • Property ID: 147152705
  • Added On: 2024-10-26
  • Deal Type: For Sale
  • Property Price: £79,995
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • Excellent accommodation and close to the City Centre for those aged 55 and over.
  • Now in need of some modernisation and offered to the market with no chain and vacant possession.
  • On-site manager scheme * Residents parking * Beautiful communal grounds
  • Internal inspection is highly advised.