£160,000 Fisherton Street, Salisbury

A one bedroom second floor flat within a characterful converted building close to the city centre. The property is offered in excellent order and benefits from PVCu double glazed sash windows, gas fired central heating and a communal garden area. ** INVESTORS ONLY **

  • INVESTORS ONLY
  • ONE BEDROOM 2ND FLOOR FLAT
  • SITTING/DINING ROOM WITH KITCHEN AREA
  • PVCU DOUBLE GLAZED SASH WINDOWS
  • GAS FIRED CENTRAL HEATING
  • COMMUNAL GARDEN AREA
  • CLOSE TO TRAIN STATION AND CITY CENTRE
  • CURRENTLY TENANTED ON 12 MONTH AST AT £675pcm

full description

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Directions
Leave our offices in Salisbury and proceed in a northerly direction to the roundabout. Turn left on to the ring road and at the next roundabout turn left and take the first turning right into the lower end of Fisherton Street. The flats will be found on the left hand side.

Agents note
Suitable for investors only. The flat is currently tenanted from October 2019 on a 12 month assured shorthold tenancy at a rent of £675 per calendar month giving an approximate yield of 5%.

Description
Constructed in 1867 as a school, the Old School House has been converted into a range of well proportioned apartments by a local award-winning architect. No. 11 is located on the second floor and is accessed via a communal entrance hallway with an entrance intercom system and a private hallway leads to all flats. The accommodation comprises a sitting/dining room with a kitchen area containing an integrated fridge/freezer, washing machine, electric oven and gas hob. There is a double bedroom and a bathroom with Travertine stone tiling and floor level safety lighting. There are PVCu double glazed sash windows and gas fired central heating. The development boasts a number of features including a lift accessing the communal hallways and there are two side pedestrian accesses leading to the secure communal entrances and there is a communal rear courtyard garden. The Old School House lies conveniently near to the railway station and is situated within level walking distance to the city centre. No. 11 also has the benefit of the remaining NHBC term.

Property Specifics
The accommodation is arranged as follows, all measurements being approximate:

Two secure pedestrian access gates to two communal side doors. Entrance intercom system to:

Communal entrance hallway
With lifts and stairs to all floors. Private entrance door to:

Sitting/dining room with kitchen area
7.50m x 4.11m (24'7" x 13'5") Entrance intercom phone. Space for table and chairs, radiator, fitted cupboard, two built-in storage cupboards, wall mounted thermostat control, TV point, telephone point, sash style window to side with views of Cathedral spire.

Kitchen area
Fitted with white-fronted base units with roll top work surfaces and tiled splashbacks, two wall cupboards, stainless steel sink and drainer with mixer tap, integrated electric Beko oven with four-ring gas hob and extractor over, integrated washing machine and fridge/freezer, cupboard housing Ariston gas fired boiler for central heating/hot water system, inset spotlights.

Bedroom
4.53m x 2.98m (14'10" x 9'9") Sash window to side, radiator, TV point, built-in double wardrobe with hanging rail.

Bathroom
Fitted with a white suite comprising low level WC, panelled bath with Triton shower over and shower screen, part tiled walls, pedestal wash-hand basin, sash window to rear, heated towel rail, extractor, inset spotlights.

Outside
There are two communal secure pedestrian gates which provide access to the Old School House and to the rear of the building is a communal paved area.

Tenure
The lease is for 125 years from 2013 with a share of the freehold. . The current service charge is £77.41 per month which includes maintenance of communal areas, insurance and a sinking fund for repairs. The ground rent is £100 per annum rising to £200 per annum half way through the term.

Services
Mains gas, water, electricity and drainage are connected to the property. Gas fired central heating with radiators.

Outgoings
The Council Tax Band is ‘B’ and the payment for the year 2019/2020 payable to Wiltshire Council is £1513.56.


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