THE ACCOMMODATION BRIEFLY COMPRISES
COMMUNAL RECEPTION LOBBY, LOUNGE DINER, KITCHEN, BEDROOM, BATHROOM.
OUTSIDE
COMMUNAL LAWN SET AREA, BIN STORE, ALLOCATED PARKING BAY
LOCATION
THIS PROPERTY IS ADJACENT TO THE TAUNTON SCHOOL CAMPUS AND ENJOYS EASE OF ACCESS TO THE COUNTY TOWN CENTRE, M5 AT J25 AND TAUNTON TRAIN STATION.
ACCOMMODATION
LOUNGE / DINER: 4.68M X 2.65M (15’4 X 8’7)
KITCHEN: 2.11M X 2.15M (6’9 X 7’1)
BEDROOM: 2.95M X 2.08M (9’7 X 6’8)
BATHROOM: 1.58M X 1.52M (5’2 X 4’10)
TENURE AND MANAGEMENT
· LEASE INCEPTION DATE: 1ST JANUARY 1982
· LEASE TERM: 999 YEARS
· SERVICE CHARGE IS SET AT: £558.00 PER YEAR
· GROUND RENT IS SET AT: £10.00 PER YEAR
· THE MANAGEMENT COMPANY IS THE FREEHOLDER BY GUARANTEE WHICH MEANS THE NEW OWNER WILL BECOME A MEMBER ON COMPLETION.
· THE LEASE WILL STATE NO ANIMALS ARE ALLOWED. DUE TO THE TOILET ISSUE/NOISE THESE ANIMALS MAY CAUSE THE MANAGEMENT COMPANY DO NOT ALLOW DOGS & CATS .
THE COUNCIL TAX BAND FOR THIS PROPERTY IS BAND: A
POTENTIAL RENTAL INCOME: £700 PCM.
APPROX. RETURN ON INVESTMENT: 7% NET
Tenure : Share of Freehold
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