High Street, Midsomer Norton, Midsomer Norton Radstock
£160,000

Listed by our Midsomer Norton office.
A first floor apartment located on Midsomer Norton High Street and therefore surrounded by a multitude of amenities and public transport links.
This property would make a great first time purchase or investment to which it has been used for since conversion.

In brief the accommodation comprises of communal entrance and landing, entrance hallway with doors off to bathroom, two bedrooms, handy storage cupbaord and an open planned living area.

An open planned living area provides a modern and light living space with kitchen that has built in appliances and space for fridge freezer. There is dining space and ample room for lounge furniture with window to front. Two double bedrooms, one of a large space and a white suite bathroom complete the accommodation internally.

Located on the High Street you are inundated with an array of amenities and public transport links with public parking nearby.

This would make a perfect first time purchase for a buyer looking to get onto the market or investment opportunity. The estimated ROI for an investor, before fees is circa 6.5% with a £875pcm market rent, however the current rent is £650pcm.

Agent’s notes:
Leasehold: 113 years remaining of a 125 year lease.
Ground rent: £50 per annum.
Maintenance charge: There is a maintenance charge payable of £668.67 per annum for 24/25.
This property can be sold with either the current tenant in place as an investment or if not with vacant possession where required.