SUMMARY Situated in the heart of the desirable St Leonards area, this studio apartment is well positioned and offers an excellent opportunity for first-time buyers or investors.
The property provides bright and practical accommodation, comprising a well-proportioned studio living and sleeping area, a separate kitchen, and a bathroom. Large windows allow plenty of natural light to flood the space while offering excellent views towards Haldon, creating a comfortable and welcoming home.
The apartment is just a stone's throw from the vibrant Magdalen Road, with its popular independent shops, cafés, and amenities. It is within a 15-minute walk of the city centre and conveniently located close to the RD&E, making it an ideal choice for professionals, investors, or those seeking easy access to local facilities.
Property Tenure: Leasehold
Council Tax Band: A
EPC: D
LEASEHOLDINFORMATION Leasehold Term: 156 years remaining (199 years from 5th April 1983)
Service Charge: £1872.66 per annum includes heating and hot water
LETTINGSPOTENTIAL Lettings Potential - Rosewood Property Lettings Department have put an estimated rental value on this property of £750.00pcm providing a rental yield of appox 7.1%. If you would like further information regarding this or any aspect of letting a property, please contact our Lettings Department.
SERVICES SERVICES
Electric: Mains
Heating supply: Mains gas (included in service charge)
Sewerage: Mains
Water Supply: Mains
Mobile signal: Several networks showing as available including EE, Vodaphone, 3 and 02
Broadband: Standard, Superfast and Ultrafast
Stamp duty due
Based on a sale price of £125,000 the total amount of stamp duty payable will be:
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Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024 for April 1st 2025 onwards.