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SOLD STC

7 Old Mill Close, Maldon, Essex, CM9 5EH

Key features

  • One Bedroom Second Floor Apartment
  • Investment Opportunity - Producing £8,505 per annum
  • Town centre location

Description

A one bedroom second floor apartment currently let on an AST at a rent of £708.75 per month.

Description
A residential investment comprising a one bedroom second floor apartment let by way of an Assured Shorthold Tenancy agreement at a rent of £708.75 per month. The property benefits from open plan living, security intercom system, double glazing and central heating (not tested).

Location
The property is located in the heart of Maldon town centre. The High Street is a short distance away with its full range of shopping and recreational facilities, good range of independent bars and restaurants and iconic Hythe Quay and Promenade Park.

Accommodation
Open Plan Living Room/Kitchen Area - 18'8 x 12'11 (5.69m x 3.94m)
Bathroom
Bedroom - 13' x 10'4 (3.96m x 3.15m)

Outside
There is no allocated parking with the property, however there are local car parks nearby where it is possible to purchase annual season tickets. Please contact Maldon District Council for more information.

Tenure
The property is held Leasehold for a term of 125 years from the 1st August 2007 with a ground rent of £175 per annum. The service charge is £1378.21 per annum.

Tenancies
The property is let on an Assured Shorthold Tenancy at a rent of £708.75 per month.

EPC
Energy Performance Asset Rating - C

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£175 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

Ask agent

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

109 years left

Energy performance certificate - not provided

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

7 Old Mill Close, Maldon, Essex, CM9 5EH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hatfield Peverel Station5.0 miles
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Disclaimer - Property reference 193290. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Landwood Group, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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