Star Street, Ryde
£75,000

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    Star Street
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    Star Street
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  • First Floor Studio Flat
  • 15'0 Bed/Sitting Room
  • Well Presented Interior
  • Hugely Convenient Central Position
  • LIFT to all Floors
  • Gas C/Heating & D/Glazing
  • Separate 8'5 Kitchen
  • Successful Rental Track Record
  • Potential Income £5000 per annum
  • No Onward Chain

CASH BUYERS ONLY(see notes)......................This purpose built first floor studio flat is conveniently situated within the very heart of Ryde's bustling town centre. Shops, cafes, a supermarket, post office plus a wealth of other facilities are all literally on your doorstep making everyday requirements just that little easier. The nearest bus stop is less than a hundred yards away leaving local travel truly accessible, and for those who commute to the mainland the proximity to the hovercraft and Fastcat links are well within walking distance. Built circa 2007, this building is one of only a handful of purpose built developments within central Ryde and it is certainly one of very few buildings with a lift. This will mean that this flat is fully accessible to all regardless of ability and age and it comes with all the modern accoutrements one would expect such as gas central heating and double glazing. This flat has a successful rental track record generating some £5000 per annum (12 month occupation) or £416 pcm. This will generate an annual return of some 7% (approx).

At a glance:-
Communal Entrance
First Floor Landing
Entrance Hallway (8'10 x 3'4)
Bed/Sitting Room (15'0 x 11'9 max to recess)
Kitchen (8'5 x 7'7)
Bathroom (6'6 x 5'9)
Communal Facilities - Lift to all floors. Dustbin storage area to rear. Secure entry system.
LEASEHOLD Tenure
112 years remain on lease
Maintenance £770 per annum
CASH BUYERS ONLY - at 28.6 sqm gross internal area it does not meet mortgage requirements.
No Onward Chain


Click to enlarge

Star Street
Ryde PO33 2HX
County: Isle Of Wight
Sale Type: For Sale
Ref #: RY00001538

T: 01983 611511

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