1 bedroom flat for sale

  • £268,000
  • 7.2% Rental Yield
  • 76 ALI
Mavis Grove, Hornchurch
For Sale

1 bedroom flat for sale

Mavis Grove, Hornchurch
  • £268,000
  • 7.2% Rental Yield
  • 76 ALI

Overview

Updated on April 6, 2024
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
    • Sq Ft
  • Year Built

Description

Draper Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 58 properties arranged over 3 floors served by a lift. There is a Development Manager who may be contacted from various points within each property in the case of an emergency. For periods when the Development Manager is off duty there is a 24 hour Appello emergency call system. The development also has communal gardens and parking along with a communal area which consists of lounge, kitchen and guest suite. There is also a communal laundry room.
The property comprises; entrance hallway, lounge / dining area, fitted kitchen with built in oven, hob and extractor, one bedroom built in wardrobes and a shower room.
Situated within easy reach of Hornchurch Town Centre which offers quality shopping, restaurants and events during the year.
Lease details: 125 year lease from 01st April 1999 (101 years remaining)
Service charge: £TBC per year
Ground rent: £TBC per year

Entrance Hallway - Solid wood front door, painted plastered walls, storage cupboards, fitted carpet, storage heater

Reception Room - 7.16m max x 3.23m max (23'6" max x 10'7" max) - UPVC double glazed window and UPVC double glazed door to rear, plastered painted walls, electric fire with fire surround and hearth, fitted carpet, storage heater

Kitchen - 2.59m max x 2.31m (8'6" max x 7'7" ) - UPVC double glazed window to rear, fitted kitchen with a mix of eye level and base units, roll worktops, sink and drainer, built in electric oven, hob and extractor, space for counter fridge and freezer, tiled walls, tiled flooring

Bedroom - 5.92m max x 2.77m max (19'5" max x 9'1" max) - UPVC double glazed window to rear, plastered painted walls, built in wardrobes, fitted carpet, electric storage heater

Bathroom - Bath suite comprising of; low level W/C, vanity sink unit, walk in shower cubicle with wall mounted electric shower and shower hose, tiled walls, anti-slip flooring

Patio - Paved patio area leading from the lounge

Communal Gardens - Lawn area and outside seating area for residents

Laundry Room - Laundry room with washing machines and dryers

Communal Lounge - Day room for residents and visitors

Parking - Parking for residents and visitors

Lease Details - Lease details: 125 year lease from 01st April 1999 (101 years remaining)
Service charge: £xxx.xx per year
Ground rent: £xx.xx per year

Arical Liveability Index

76
Schools
Good
Restaurants
Average
Transport
Average
Services
Good
Groceries
Average
Safety
Good

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Predicted Rental Yield

7.2%

Rental yield is the return a property investor is likely to achieve on a property

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