First Floor
3 Crane Mead Business Park
Crane Mead
Ware
Herts
SG12 9PZ
Pellipar Close, Palmers Green
£225,000
2 Bedroom Apartment
INVESTMENT OPPORTUNITY: A spacious two double bedroom top-floor apartment in a very convenient location at the heart of Palmers Green. No chain.
Overall Description
This is a top-floor apartment that is situated very conveniently for local shops and amenities, being just off Green Lanes, so right in the heart of Palmers Green. The apartment has an entrance hall, two double bedrooms, a sitting room and kitchen, and is in good decorative order, although it would benefit from a bit of intenal modernisation. It has double-glazed windows, gas central-heating and also has the benefit of being sold with no onward chain. The current lease has c.42 years left remaining, which can of course be extended, although it does mean that buyers will need to be cash purchasers. For such buyers the property is an excellent investment, either to modernise and sell-on or as a buy-to-let opportunity, or for anyone looking for a good return (it currently lets for £1,800 per calender month).
Location
This property sits in a residential area just off the High Street in Palmers Green, around a five minute's walk from the railway station (regular trains to Moorgate) and convenient for both the A406 North Circular and A10. Palmers Green has an excellent range of shops and other amenities and there are also good schools (including the Hazelwood Primary School and Laurel Park Secondary School) in the local area. There is a Pure Gym just a short walk away and Broomfield Park and Grovelands Park are just up the road.
Accommodation
A doorway with intercom leads into the communal hall. Stairs lead up to the top floor with front door into the apartment.
Entrance Hall
2.11m x 1.73m (6'11 x 5'8)Cupboard housing electrics with shelving. Loft hatch. Radiator with cover.
Sitting/Dining Room
6.27m x 3.71m (20'7 x 12'2 )Window to rear. Telephone point. Two radiators.
Kitchen
3.25m x 3.02m (10'8 x 9'11)Window to rear. Kitchen units with roll-top worksurfaces, tiled splash-back and a stainless steel sink unit. Electric oven with gas hob. Space for fridge/freezer. Space and plumbing for washing-machine. Tiled floor. Wall-mounted Potterton gas central-heating boiler. Airing cupboard with hot water cylinder.
Bedroom One
4.90m x 3.02m (16'1 x 9'11)Fitted wardrobes. Window to front. Radiator.
Bedroom Two
3.91m x 2.69m (12'10 x 8'10)Window to front. Radiator with cover.
Bathroom
2.39m x 1.42m (7'10 x 4'8)Panel bath with shower above and glass shower screen. Low-level WC. Wash-hand basin. Tiled walls and floor. Extractor fan. Radiator.
Outside
The apartments have good-sized and mature communal garden areas to the side/rear and there is an allocated parking space in the underground car park as well as communal parking spaces to the front.
Services and Other Information
Mains gas, electricity, water and drainage. Gas central-heating. Double-glazed windows. Leasehold: The lease was for 99 years from 29 September 1968 (c. 42 years remaining). Annual Service Charge: £1,600 (including £480 for buildings insurance). Ground Rent: c £200 per annum. Freeholder: Fox Corner Management Ltd. The flat currently lets for £1,800 per calendar month.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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