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Reservoir Road, Whitstable, CT5 1LY  |  £195,000

Key Points

  • * WATCH OUR VIDEO WALK THROUGH TOUR *
  • Two Double Bedrooms
  • 999 Year Lease from September 1967
  • Close to Whitstable Town Centre
  • Self-Contained First Floor Flat
  • 15ft Lounge/Diner
  • Sold with Tenant In-situ - Current Yield 4.9%
  • No Forward Chain

Property Information

An ideal investment purchase, this two bedroom purpose built flat benefits from a long lease and share of the freehold. Currently let for £800 per calendar month, the property boasts a yield of 4.9% with a rent review due in July 2024. The flat comprises of self-contained entrance with stairs leading to the landing, lounge/diner, kitchen, two double bedrooms and a family bathroom. The lease runs from September 1967 for 999 years. Regular bus services to surrounding town and the Cathedral City of Canterbury are available about 175 yards. The delightful seafront is about 525 yards. Whitstable Railway Station is approximately 525 yards which provides frequent services to London (Victoria and St. Pancras ). The A299 is also easily accessible offering access to the A2/M2 leading to the channel ports and subsequent motorway network.

 

Entrance

Partially glazed wood front entrance door. Stairs leading to first floor.

 

Lounge/Diner 15' 11 x 10' 11 (4.86m x 3.33m )

Window to front. Radiator.

 

Kitchen 12' 0 x 8' 4 (3.66m x 2.54m )

The Kitchen is planned with a matching range of wall and base units arranged on three walls. Inset stainless steel sink unit. Partially tiled walls. Inset gas hob with stainless steel extractor cooker hood above and built-in fan assisted electric oven below. Plumbing for washing machine. Floor standing combination gas boiler supplying hot water and central heating. Window to rear. Lino flooring.

 

Bedroom 1 14' 10 x 11' 0 (4.53m x 3.36m )

Window to rear. Radiator.

 

Bedroom 2 11' 9 x 8' 4 (3.59m x 2.54m )

Window to front. Built-in cupboard. Radiator.

 

Bathroom 8' 3 x 5' 11 (2.52m x 1.81m )

Suite in white comprising panelled bath with mixer tap and separate shower unit over bath, pedestal wash hand basin and close coupled WC. Chrome heated towel rail. Partially tiled walls. Frosted window to side. Laminate flooring. Extractor fan.

 

Front Garden

Communal paved patio area.

 

Main Services

The following mains services are connected to the property electricity, water, gas, drainage and a telephone line. All services will be subject to the appropriate companies transfer conditions.

 

Heating

Central heating is provided by a gas fired boiler situated in the Kitchen and hot water radiators as indicated in these particulars.

 

Windows

The windows are generally of wooden framed single glazed units.

 

Tenure

The property is to be sold Leasehold with a share of the Freehold. The lease runs for 999 years from 15th September 1967. Maintenance costs are on an as and when basis.

 

Council Tax

We are advised by the Valuation Office that the property is currently within Council Tax Band B. The amount payable under tax band B for the year 2023/2024 is £1,631.47.

 

Viewing

Please ring us to make an appointment. We are open from 9am to 6pm Monday to Friday, 9am to 5pm Saturdays and by appointment only on Sundays.

 

 

Agent Notes

Kent Estate Agencies gives notice for themselves and for the sellers of the property, whose agents they are that any floor plans, plans or mapping and measurements are approximate quoted in metric with imperial equivalents. All are for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on. The measurements are provided in accordance with the R.I.C.S. Code of Measuring Practice 6th edition.<br />We have not carried out a structural survey and the services, appliances and specific fittings have not been tested and therefore no guarantee can be given that they are in working order. Photographs are reproduced for general information and it must not be inferred that any item shown is included with the property. Prospective purchasers or lessees should seek their own professional advice. Kent Estate Agencies retain the copyright in all advertising material used to market this property.<br />No person in the employment of Kent Estate Agencies has any authority to make any representation or warranty whatever in relation to this property. Purchase prices, rents or other prices quoted are correct at the date of publication and, unless otherwise stated, exclusive of VAT.<br />For a free valuation of your property contact the number on this brochure. Printed 29th February 2024

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