An ideal investment opportunity, this first floor, two bedroomed flat is situated right in the heart of Colwyn Bay. The accommodation offers communal entrance hall, lounge/diner, two bedrooms, fitted kitchen, bathroom. Externally is private parking for one car at front of property. The flat has the potential to produce an 8% return based on a £550 per calendar month rental income.
COMMUNALENTRANCEHALL Shared by Flats 1 & 2, Flat 3 entrance is to the rear of the property. Flat 2 Entrance door into small lobby and staircase to first floor landing.
LOUNGE/DINER19′ 2 max" x 14′ 6" (5.84m x 4.42m) Front aspect via splayed bay window overlooking the Morrison’s / Travel Lodge roundabout, high coved ceiling.
BEDROOMTWO11′ 5" x 9′ 2" (3.48m x 2.79m) Rear aspect.
BEDROOMONE9′ 2" x 8′ 3" (2.79m x 2.51m) Front aspect.
FITTEDKITCHEN11′ 9" x 8′ 1" (3.58m x 2.46m) Rear aspect, fitted with a range of base and wall units, wall mounted gas fired Worcester combination boiler.
BATHROOM15′ 3" x 5′ 1 average" (4.65m x 1.55m) White four piece suite comprising panelled bath, pedestal wash hand basin, shower cubicle and low level w.c., fitted store cupboard.
EXTERNALLY Private parking for one car at the front of the property.
SERVICES Please note that none of the services, fittings, fixtures or appliances, heating/plumbing installations or electrical systems have been tested by the Estate Agent and no warranty is given to verify their working ability.
TENUREANDCOUNCILTAX Tenure – We are informed by the vendor that the property is Leasehold for a 999 year term. The maintenance is shared equally between three flats. Also approx. £200 payable which covers insurance and fire alarm only. The Ground Rent is Peppercorn. The Vendor also owns the Freehold.
Conwy County Borough Council. We are informed by the vendors that the Council Tax Band is Band A.
PROOFOFIDANDPROOFOFFUNDS In order to comply with anti-money laundering regulations, Anthony Flint Estate Agents require all buyers to provide us with proof of identity and proof of current residential address. The following documents must be presented in all cases: IDENTITY DOCUMENTS: a photographic ID, such as current passport or UK driving licence. EVIDENCE OF ADDRESS: a bank, building society statement, utility bill, credit card bill or any other form of ID, issued within the previous three months, providing evidence of residency as the correspondence address. PROOF OF FUNDS: a copy of a mortgage offer or bank statement providing evidence of funding is required before we can advise Solicitors of a purchase.