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£135,000

(£220/sq. ft)

2 bed flat for sale
Riverbank Way, Ashford TN24

    • 2 beds

    • 2 baths

    • 1 reception

    • 614 sq. ft

  • EPC Rating: C

  • Chain free
  • Leasehold

Skippers Estate Agents - Ashford

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About this property

  • Two bedroom first floor apartment

  • Selling with a tenant-in-situ paying £865pcm

  • Rental return of 7.7%

  • Balance of 99 year lease from 2002

Built in 2006, the Fairview development comprises a mix of houses, townhouses and flats, located on the fringes of Ashford, within walking distance of the International Station, asda supermarket, and with strong road connections taking to the M20 motorway and beyond, or back into Town. There is a regular bus service which operates and provides connections into and around Ashford. Also close-by is East Stour Primary School and a convenience shop.

This property is currently let under an AST with a tenant-in-situ offering a ready-made investment. When looking for a property for investment one of the worries some landlords have is how long it may take to find a tenant, a worry which is no longer there when purchasing a property with a sitting tenant. The current tenancy will run until July 2026 with the rent achieved being £865pcm, returning a healthy yield of 7.7%!

The property itself is a 2-bedroom first-floor apartment. The communal hallway provides access through a shared stairwell to the upper floors. An entrance hallway within the property leads to each of the rooms, with an ‘L’ shaped living/dining room, kitchen, two double bedrooms and a family bathroom. The main bedroom also features an en-suite shower room.

Externally, resident parking areas provide off-street parking, whilst parking within the designated bays on the road is also available. There are plenty of walks close-by for stretching your legs and a children’s play park at the end of the road.

EPC Rating: C

Location

Richard Hillary Close sits within South Willesborough, which lies to the south east of Ashford. The development was constructed in the early 2000's and comprises a mix of houses and apartments. There are many amenities close-by, including children's play parks and designated walking routes, which follow the East Stour River as well as providing a safe route into the town centre. Both the Designer Outlet and Asda Supermarket are within walking distance, as is the International Station, located a little further on. Also close-by is East Stour Primary School, a convenience shop and the Orbital Park Industrial Estate. For road links, the A2070 is within easy reach as is the M20 (junctions 10 & 10a).

Hallway

Door from communal hallway, doors to each room, laminate wood flooring.

Lounge/Diner

Window to the front, storage radiator, door to kitchen, laminate wood flooring.

Kitchen

Window to the front, fitted kitchen comprising matching wall and base units with work surfaces over, built-in electric oven, hob and extractor, plumbing and space for washing machine, space for fridge/freezer. Tiled splash back and vinyl flooring.

Bedroom 1

Window to the rear, electric radiator, laminate wood flooring.

En Suite

Comprising a square shower enclosure with electric shower over, WC, wash basin, extractor fan, shaver socket, fan heater, tiled walls and vinyl flooring.

Bedroom 2

Window to the rear, electric radiator, laminate wood flooring.

Bathroom

Comprising a bath with mixer taps, WC, wash basin, extractor fan, shaver socket, fan heater, half height tiling and vinyl flooring. Cupboard housing hot water cylinder.

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More information

  • Tenure

    Leasehold (76 years)

  • Service charge

  • Council tax band

    B

  • Ground rent

    £150

  • Ground rent date of next review

See all recent sales in TN24

Property descriptions and related information displayed on this page are marketing materials provided by - Skippers Estate Agents - Ashford. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Skippers Estate Agents - Ashford for full details and further information.