83 Bowerham Road
Lancaster
Lancashire
LA1 4AQ
An excellent investment opportunity to acquire a well-presented two-bedroom first-floor apartment enjoying wonderful views across the sea.
The property is being sold with the current tenant in situ, who has occupied the apartment for the past fourteen years, providing a well-established tenancy and an immediate rental income. The property currently generates a gross annual rental income of £8,400, making it an attractive addition to any investment portfolio.
Occupying a prime position within a popular development for the over 55s, this superb freehold first-floor apartment enjoys stunning panoramic views across Morecambe Bay. The ever-changing coastal outlook can be appreciated from the main living areas, creating a wonderful sense of space and tranquillity throughout the home.
The accommodation is both spacious and well presented, comprising two generous double bedrooms, a shower room and a stylish fitted kitchen with a range of integrated appliances and quality finishes. The bright and welcoming lounge provides an excellent space for relaxing or entertaining and benefits from direct access to a private balcony, where the impressive sea views can be enjoyed throughout the day.
Residents benefit from lift access to all floors, ensuring convenience and accessibility, while the property also includes a private garage situated within the lower basement level, fitted with an up-and-over door.
One of the property's most appealing features is its enviable position opposite the promenade, allowing easy access to the beach and waterfront. The coastline is quite literally on your doorstep, providing the perfect setting for leisurely walks, fresh sea air, and spectacular sunsets across the bay.
Large storage cupboard.
Walk in storage cupboard, consumer unit, intercom, carpeted floor, radiator.
Double-glazed window to the side and double-glazed sliding doors leading onto the balcony, where you can enjoy the spectacular views, fireplace with an inset electric fire, carpeted floor and radiator.
Double-glazed window to the front offering lovely views, a range of crafted cabinets finished in a white high gloss, ceramic sink, breakfast table and stools, four ring gas hob and extractor hood, electric oven, washing machine, integrated fridge and freezer, tile flooring, radiator, Valliant combi boiler.
Double-glazed window to the rear, fitted wardrobes, carpeted floor, radiator.
Double-glazed window to the rear, fitted wardrobes, carpeted floor, radiator.
Shower cubicle with thermostatic shower, wash hand basin, heated towel rail, extractor fan, tiled flooingr, W.C.
Large parking space with an up-and-over door and can be accessed internally from the lift as well as outside.
Tenure Leasehold but a share of the freehold
Council Tax Band (C ) £2,225
Tenant paying £700.00 per calendar month
Service Charge/Maintenance £400 every 6 months
No Ground Rent
Lease 999 years
Start Date February 1984
End Date February 2983
957 Remaining
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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