Kensington House, Greaves Road, LA1 4UY

£105,000
  • Type: Flat
  • Availability: For Sale
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 2
  • Tenure: Leasehold
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Property Features

  • Ground Floor Flat
  • Spacious Room Sizes
  • Popular Greaves Location
  • Walking Distance to City Centre
  • Parking to the Rear
  • Undercroft Garage Area
  • Private Storage Room in Garage
  • Sun Room to Rear

Property Summary

Fisher Wrathall are delighted to bring to the market this one-bedroom, ground-floor flat within walking distance of Lancaster city centre. Currently tenanted at £650pcm, the property would make an ideal rental investment option or great first time buy. NO CHAIN! 

Full Details

Fisher Wrathall are delighted to bring to the market this spacious one-bedroom, ground-floor flat within walking distance of Lancaster city centre and offers easy access to the local hospital and universities. 

The property briefly comprises; entrance hallway with storage cupboard, modern kitchen to the front aspect, shower room, double bedroom with built-in storage and lounge with patio doors leading in to the sun room and rear balcony. The property benefits from double glazing throughout and has electric heating. 

Externally, the property has a car park area to the rear with access leading in to the garages. The garage is a large open-plan space with this flat benefiting from an allocated space within as well as a lockable storage unit, ideal for bicycles and other outdoor equipment.

With its proximity to the Royal Lancaster Infirmary the property is ideally located for staff to live close by or for someone looking for a second home close to work. 

Currently tenanted at £650pcm, the property also makes for a great a rental investment option, offering a gross yield of 7.43% at asking price. 

The property is ideally located on Greaves Road, just a 5 minute walk to the Royal Lancaster Infirmary, 10 minute walk into town and with bus stops located directly outside. Across the road is Greaves Park with a small woodland pathway for a short local walk. 

EPC rating: E. Council tax band: A, Domestic rates: £1438.42, Tenure: Leasehold, Annual service charge: £1200, Service charge description: 999 Years from 01/01/1983, Length of lease (remaining): 957 years 11 months,