From
£175,000
(£417/sq. ft)
1 bed flat for saleFletching Street, Mayfield TN20
1 bed
1 bath
1 reception
420 sq. ft
EPC Rating: D
- Leasehold
Burnetts
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About this property
Ideal for investment
A charming and well-presented first floor flat
Village Location
Open plan layout
En-suite bathroom
Leasehold with 25% share of the Freehold
The property is a charming and well-presented first floor flat, forming part of a period property, believed to be a former Coach House to the Rose and Crown Pub. An open plan sitting room/kitchen area, with a double bedroom and en-suite bathroom, all converted around 12 years ago, presenting attractive brick and tile hung external elevations beneath a tiled roof and benefits from having an off road parking space and a brand new central heating boiler.
The property is considered perfect for investment, as the property is current Let at £725 Per Calendar Month, with the tenants having been in residence for seven years. At the asking price, this would provide a yield of 5%.
The property is leasehold, and is also sold with a 25% share of the freehold. There is the remainder of a 999 year lease from 20th June 2008, with a 25% share of maintenance costs.
One enters via the shared front door to the stairwell, and the private front door to the sitting room. The sitting room is a lovely room, open to the kitchen in a recess, enjoying windows to front and rear.
The kitchen comprises a range of cream, gloss fronted cupboards and drawers, beneath Corian effect worktops, with inset sink and drainer, integrated cooker with extractor above and oven/grill below, washing machine and a free-standing fridge/freezer and a window to the rear.
The bedroom is at the front of the flat, with two windows and a door to a cupboard, plus a further door to the en-suite bathroom, comprising a panelled bath with shower over, WC and basin, tiled floor, part-tiled walls and window to rear.
Outside, there is no garden, but there is an allocated parking space by the Rose and Crown Pub.
The house is situated just behind the Rose and Crown Pub, approximately 0.25 miles from the 16th Century beauty of Mayfield High Street.
Facilities in the village include a small supermarket, post office, butcher, baker, pharmacy, florist and deli as well as gp surgery, dentist and hairdressers. There are also a couple of cafes and Period Inns, including the renowned Middle House Hotel and the nearby pub, The Rose and Crown.
There are pretty churches of various denominations, a flourishing primary school and the well-regarded Mayfield School secondary school. For more comprehensive facilities Tunbridge Wells in 9 miles to the north.
Railway stations can be found at Wadhurst (5 miles), Crowborough (6 miles), and Tunbridge Wells. These provide a fast and regular service to London Charing Cross, London Bridge and Canon Street. There is a regular bus service to Tunbridge Wells and Eastbourne.
The area provides an excellent selection of both state and private schools. Nearby leisure facilities include tennis, bowls, numerous golf clubs, outdoor activities at Bedgebury, sailing on Bewl Water and at the coast. The area is criss-crossed with many beautiful walks through the Area of Outstanding Natural Beauty.
Material Information:
All four flats own 25% of the Freehold and have full control of the property via a managing company. There is no ground rent or service charge.
The Lease is for 999 years from 20/06/2008.
Between exchange and completion, the flat will be painted throughout with the purchasers preferred colour choice.
Council Tax Band B (rates are not expected to rise upon completion).
All mains services are connected.
The title has easements, we suggest you seek legal advice on the title.
We are not aware of any safety issues or cladding issues.
We are not aware of any asbestos at the property.
According to the Government Flood Risk website, there is a very low risk of flooding.
Broadband coverage: We are informed that Superfast broadband is available at the property.
There is limited mobile phone reception at the property.
We are not aware of any mining operations in the vicinity.
We are not aware of planning permission for new houses/extensions at any neighbouring properties.
The property does not have step free access.
B4, B5
EPC Rating: D
Location
The house is situated just behind the Rose and Crown Pub, approximately 0.25 miles from the 16th Century beauty of Mayfield High Street.
Facilities in the village include a small supermarket, post office, butcher, baker, pharmacy, florist and deli as well as gp surgery, dentist and hairdressers. There are also a couple of cafes and Period Inns, including the renowned Middle House Hotel and the nearby pub, The Rose and Crown.
There are pretty churches of various denominations, a flourishing primary school and the well-regarded Mayfield School secondary school. For more comprehensive facilities Tunbridge Wells in 9 miles to the north.
Railway stations can be found at Wadhurst (5 miles), Crowborough (6 miles), and Tunbridge Wells. These provide a fast and regular service to London Charing Cross, London Bridge and Canon Street. There is a regular bus service to Tunbridge Wells and Eastbourne.
The area provides an excellent selection of both state and private schools. Nearby leisure facilities include tennis, bowls, numerous golf clubs, outdoor activities at Bedgebury, sailing on Bewl Water and at the coast. The area is criss-crossed with many beautiful walks through the Area of Outstanding Natural Beauty.
Material Information:
All four flats own 25% of the Freehold and have full control of the property via a managing company. There is no ground rent or service charge.
The Lease is for 999 years from 20/06/2008.
Between exchange and completion, the flat will be painted throughout with the purchasers preferred colour choice.
Council Tax Band B (rates are not expected to rise upon completion).
All mains services are connected.
The title has easements, we suggest you seek legal advice on the title.
We are not aware of any safety issues or cladding issues.
We are not aware of any asbestos at the property.
According to the Government Flood Risk website, there is a very low risk of flooding.
Broadband coverage: We are informed that Superfast broadband is available at the property.
There is limited mobile phone reception at the property.
We are not aware of any mining operations in the vicinity.
We are not aware of planning permission for new houses/extensions at any neighbouring properties.
The property does not have step free access.
Parking - Allocated Parking
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More information
Tenure
Leasehold (Expired)
Service charge
£250 per year
Council tax band
B
Ground rent
£0
Ground rent date of next review