Ditton Street, Ilminster

NO ONWARD CHAIN! Fabulous first floor flat in the heart of Ilminster sold with tenant in situ. Spacious hallway, good sized open plan living room with kitchen double bedroom, and bathroom with shower over bath. This modern flat benefits from smart fitted kitchen which includes intergrated cooker, hob and fridge. Gas central heating and double glazing throughout. Being sold with long term tenant in situ keeping this property in immaculate condition, this flat is an ideal investment property. Potential rental value £650 pcm (7.8% Yield). EPC B.

Communal
There are bin stores on the ground floor. Post boxes for each flat as you enter the communal entrance. No allocated parking with this property.

Hallway
Stairs leading to the first floor to gain access into number 10. Enter through uPVC double glazed door into spacious hallway (currently being used as an office space). Wall mounted radiator.


Open plan Kitchen and Living room
Lovely open space with smart light wood fitted kitchen. There are plenty of storage units. Rolled edge worktops with sink unit inset. Integrated fridge. Electric oven/grill, 4 ring hob and cooker hood over. Tall cupboard housing the gas fired combi boiler for central heating & hot water. (we currently manage this property as a rental so we have the boiler checked annually)

Living space with carpet flooring, wall mounted radiator and uPVC double glazed window to the rear and side aspect.

Bedroom
Good sized double bedroom with uPVC double glazed window to the rear aspect. Wall mounted radiator. Carpet flooring.



Bathroom
Bathroom suite comprising; bath with shower over, wash basin, W/C, heated towel rail and shaver point. uPVC double glazed window to the rear aspect.

Information
Location - Situated in the heart of Ilminster close to all local amenities, a short walk from Ilminster Tesco.

The current tenant has been in the property since 2016 and keeps it in immaculate condition, paying £500pcm as of January. Giving a yield of 6%. Potential rental value in the region of £650pcm giving a potential yield of 7.8%.

Lease length - 125 Years from 1st January 2015

Management company - the building is currently managed by a local management company

Directions
Proceed from The Square down Ditton Street. Warren court is on the left. The entry gates are in Swanmead precinct and number 10 is on the first floor.

Council Tax
South Somerset District Council, Band A

Ground Rent
£200.00 Monthly

Service Charge
£600.00 Yearly

Lease Length
116 Years

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.