569700 Brook Court, Watts Drive, Shepshed, LE12 9UR - Property Logic
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Valuers
Mortgages
Brook Court, Watts Drive, Shepshed, LE12 9UR • Residential Investment Opportunity
• Each with Designated Parking
• Producing £51,420 Fully Let
• 10 Year NHBC Guarantee Residue
• 9 Self-Contained 1 & 2 Bed Flats
• Convenient Town Location
MODERN RESIDENTIAL INVESTMENT OPPORTUNITY. A rare opportunity to acquire 9, well appointed, one and two bedroomed (2 with en suites), selfcontained apartments producing £51,420 per annum when fully let and set within an exclusive residential development by well known local developers, Cadeby Homes, fronting Brook Street, Shepshed and offering electric centrally heated, sealed unit double glazed accommodation with each flat enjoying one designated off-road parking space. EPC TBC.
£795,000
GENERAL INFORMATION:
The small town of Shepshed is situated in north-west Leicestershire on the edge of the Charnwood and National Forests and is well known for its popularity in terms of convenience for ease of access to the motorway network, major centres of employment at Leicester, Ashby-de-la-Zouch, Derby, Nottingham and Loughborough, the East Midlands International Airport at Castle Donington and the new railway station at East Midlands Parkway with its direct connections to Sheffield/Leeds in the north and London in the south. Shepshed is a popular location ideally placed for access to the University town of Loughborough, with its fine range of amenities, and junction 23 of the M1 motorway. Shepshed itself has a thriving centre with a number of shops, pubs and restaurants as well as recreational pursuits and local schooling.
BLOCK A
FRONT ELEVATION PHOTOGRAPH
BLOCK B
FRONT ELEVATION PHOTOGRAPH
GENERAL DESCRIPTION:
Constructed by well known local builders, Messrs. Cadeby Homes Ltd., and enjoying the residue of a 10 year N.H.B.C. Guarantee, the sale of these nine apartments within Brook Court provides an excellent opportunity for investors to acquire a fully let residential scheme currently producing £51,420 per annum. This exclusive development of two blocks of apartments and five detached houses is situated on Watts Drive, off Brook Street, close to the centre of the town. The nine apartments to be sold all benefit from electric central heating, sealed unit double glazing and designated off-road parking. Two of the apartments are in Block A and seven are in Block B. The apartments are of three different property types known as "The Eaton" (one bedroomed apartment), "The Bonnington" (two bedroomed apartment with en-suite), and "The Hoton" (two bedroomed apartment).
DETAILED ACCOMMODATION:
The three different property types offer the following accommodation:
"THE EATON"
FLATS 20, 21 & 22 IN BLOCK B. These one bedroomed apartments offer accommodation including hallway, living room (11'3 x 9'10), fitted kitchen (5'10 x 10'6) with equipment including oven, hob and hood, together with built-in fridge\freezer and washer\dryer, dining area (8'10 x 6'3), double bedroom (11'6 max. x 10'10) with built-in wardrobes and shower room with three-piece suite comprising shower cubicle, wash hand basin and w.c.
"THE BONNINGTON"
FLATS 12, 15, 17, & 18 IN BLOCK B. These two bedroomed apartments offer accommodation including living room (11'10 x 9'10), fitted kitchen (9'10 x 6'10) with equipment including oven, hob and hood, together with built-in fridge\freezer and washer\dryer, dining area (7'3 x 6'10 max.), bedroom 1 (10'6 plus wardrobe recess x 8'10) with built-in wardrobes, en-suite shower room with three-piece suite comprising shower cubicle, wash hand basin and w.c., bedroom 2 (10'6 x 7'6) and principal bathroom with threepiece suite comprising bath or shower, wash hand basin and w.c.
"THE HOTON"
FLATS 2 & 6 IN BLOCK A. These two bedroomed apartments offer accommodation including hallway, lounge \dining room (17'3 x 10'10), fitted kitchen (10'6 x 5'10) with equipment including oven, hob and hood, together with in-built fridge \freezer and washer\dryer, bedroom 1 (13'9 x 9'10) with built-in wardrobes, bedroom 2 (11'9 max. x 8'10) with built-in wardrobes and bathroom with three-piece suite comprising bath or shower, wash hand basin and w.c.
BLOCK A
REAR ELEVATION PHOTOGRAPH
BLOCK B
REAR ELEVATION PHOTOGRAPH
OUTSIDE:
All units benefit from designated off-road parking for one vehicle.
SCHEDULE OF RENTS:
2, Watts Drive, Shepshed, Rent £495.00 pcm, House Type "Hoton" 6, Watts Drive, Shepshed, Rent £450.00 pcm. House Type "Hoton" 12, Watts Drive, Shepshed, Rent £525.00 pcm, House Type "Bonnington" 15, Watts Drive, Shepshed, Rent £500.00 pcm, House Type "Bonnington" 17, Watts Drive, Shepshed, Rent £495.00 pcm, House Type "Bonnington" 18, Watts Drive, Shepshed, Rent £495.00 pcm, House Type "Bonnington" 20, Watts Drive, Shepshed, Rent £450.00 pcm, House Type "Eaton" 21, Watts Drive, Shepshed, Rent £450.00 pcm, House Type, Eaton 22, Watts Drive, Shepshed, Rent £425.00 pcm, House Type ,Eaton
TENURE
The apartments are held leasehold on a 125 years ground lease at a ground rent of £50.00 per annum. There is a service charge for each apartment to cover the cost of cleaning of communal parts, window cleaning, electricity supply and repair of communal parts, buildings insurance, gardening and a contribution to a reserve fund. As an example, Flat 2's contribution for the period November 2015 to November 2016 will be £813.28 or £67.77 per calendar month.
FIXTURES AND FITTINGS:
All fixtures and fittings mentioned in the sales particulars are included in the sale.
VIEWING:
Strictly through Moore & York Ltd., who will be pleased to supply any further information
required and appointments.
arrange
appropriate
MAKING AN OFFER:
As part of our service to our Vendors, we have a responsibility to ensure that all potential buyers are in a position to proceed with any offer they make and would therefore ask any potential purchaser to speak with our Mortgage Advisor to discuss and establish how they intend to fund their purchase. Additionally, we can offer Independent Financial Advice and are able to source mortgages from the whole of the market, helping you secure the best possible deal and potentially saving you money. If you are making a cash offer, we will ask you to confirm the source and availability of your funds in order to present your offer in the best possible light to our Vendor.
IMPORTANT INFORMATION:
Although we endeavour to ensure the accuracy of property details we have not tested any services, heating, plumbing, equipment or apparatus, fixtures or fittings and no guarantee can be given or implied that they are connected, in working order or fit for purpose. We may not have had sight of legal documentation confirming tenure or other details and any references made are based upon information supplied in good faith by the Vendor. Please would you contact Moore & York to check the availability of any property and make a viewing appointment via ourselves before embarking on any journey to see a property to avoid disappointment.
Directions Shepshed is best approached from Junction 23 of the M1 motorway (the Loughborough intersection). From the intersection, proceed west towards Ashby-de-la-Zouch via Ashby Road East, then take a right turn into Charnwood Road. Continue until reaching the mini-island and take the first exit left into Field Street which becomes Britannia Street. At the next mini-roundabout, turn right into Brook Street. Follow the road around to the left and eventually Watts Drive can be found on the right hand side.
Surveys and Valuations Moore & York are able to offer a comprehensive Survey and Valuation service of residential property. We undertake all types of valuations including Market Valuations, RICS Homebuyer Survey and Valuation Reports, Valuations for Probate, Capital Tax purposes and Insurance Reinstatement Valuations.
Contact us on 44 Granby Street, Leicester, Leicestershire, LE1 1DH Tel: 0116 255 8666 Email: [email protected] You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
www.home-sale.co.uk
www.mooreandyork.co.uk
Lettings
Valuers
Mortgages
Brook Court, Watts Drive, Shepshed, LE12 9UR • Residential Investment Opportunity
• Each with Designated Parking
• Producing £51,420 Fully Let
• 10 Year NHBC Guarantee Residue
• 9 Self-Contained 1 & 2 Bed Flats
• Convenient Town Location
MODERN RESIDENTIAL INVESTMENT OPPORTUNITY. A rare opportunity to acquire 9, well appointed, one and two bedroomed (2 with en suites), selfcontained apartments producing £51,420 per annum when fully let and set within an exclusive residential development by well known local developers, Cadeby Homes, fronting Brook Street, Shepshed and offering electric centrally heated, sealed unit double glazed accommodation with each flat enjoying one designated off-road parking space. EPC TBC.
£795,000
GENERAL INFORMATION:
The small town of Shepshed is situated in north-west Leicestershire on the edge of the Charnwood and National Forests and is well known for its popularity in terms of convenience for ease of access to the motorway network, major centres of employment at Leicester, Ashby-de-la-Zouch, Derby, Nottingham and Loughborough, the East Midlands International Airport at Castle Donington and the new railway station at East Midlands Parkway with its direct connections to Sheffield/Leeds in the north and London in the south. Shepshed is a popular location ideally placed for access to the University town of Loughborough, with its fine range of amenities, and junction 23 of the M1 motorway. Shepshed itself has a thriving centre with a number of shops, pubs and restaurants as well as recreational pursuits and local schooling.
BLOCK A
FRONT ELEVATION PHOTOGRAPH
BLOCK B
FRONT ELEVATION PHOTOGRAPH
GENERAL DESCRIPTION:
Constructed by well known local builders, Messrs. Cadeby Homes Ltd., and enjoying the residue of a 10 year N.H.B.C. Guarantee, the sale of these nine apartments within Brook Court provides an excellent opportunity for investors to acquire a fully let residential scheme currently producing £51,420 per annum. This exclusive development of two blocks of apartments and five detached houses is situated on Watts Drive, off Brook Street, close to the centre of the town. The nine apartments to be sold all benefit from electric central heating, sealed unit double glazing and designated off-road parking. Two of the apartments are in Block A and seven are in Block B. The apartments are of three different property types known as "The Eaton" (one bedroomed apartment), "The Bonnington" (two bedroomed apartment with en-suite), and "The Hoton" (two bedroomed apartment).
DETAILED ACCOMMODATION:
The three different property types offer the following accommodation:
"THE EATON"
FLATS 20, 21 & 22 IN BLOCK B. These one bedroomed apartments offer accommodation including hallway, living room (11'3 x 9'10), fitted kitchen (5'10 x 10'6) with equipment including oven, hob and hood, together with built-in fridge\freezer and washer\dryer, dining area (8'10 x 6'3), double bedroom (11'6 max. x 10'10) with built-in wardrobes and shower room with three-piece suite comprising shower cubicle, wash hand basin and w.c.
"THE BONNINGTON"
FLATS 12, 15, 17, & 18 IN BLOCK B. These two bedroomed apartments offer accommodation including living room (11'10 x 9'10), fitted kitchen (9'10 x 6'10) with equipment including oven, hob and hood, together with built-in fridge\freezer and washer\dryer, dining area (7'3 x 6'10 max.), bedroom 1 (10'6 plus wardrobe recess x 8'10) with built-in wardrobes, en-suite shower room with three-piece suite comprising shower cubicle, wash hand basin and w.c., bedroom 2 (10'6 x 7'6) and principal bathroom with threepiece suite comprising bath or shower, wash hand basin and w.c.
"THE HOTON"
FLATS 2 & 6 IN BLOCK A. These two bedroomed apartments offer accommodation including hallway, lounge \dining room (17'3 x 10'10), fitted kitchen (10'6 x 5'10) with equipment including oven, hob and hood, together with in-built fridge \freezer and washer\dryer, bedroom 1 (13'9 x 9'10) with built-in wardrobes, bedroom 2 (11'9 max. x 8'10) with built-in wardrobes and bathroom with three-piece suite comprising bath or shower, wash hand basin and w.c.
BLOCK A
REAR ELEVATION PHOTOGRAPH
BLOCK B
REAR ELEVATION PHOTOGRAPH
OUTSIDE:
All units benefit from designated off-road parking for one vehicle.
SCHEDULE OF RENTS:
2, Watts Drive, Shepshed, Rent £495.00 pcm, House Type "Hoton" 6, Watts Drive, Shepshed, Rent £450.00 pcm. House Type "Hoton" 12, Watts Drive, Shepshed, Rent £525.00 pcm, House Type "Bonnington" 15, Watts Drive, Shepshed, Rent £500.00 pcm, House Type "Bonnington" 17, Watts Drive, Shepshed, Rent £495.00 pcm, House Type "Bonnington" 18, Watts Drive, Shepshed, Rent £495.00 pcm, House Type "Bonnington" 20, Watts Drive, Shepshed, Rent £450.00 pcm, House Type "Eaton" 21, Watts Drive, Shepshed, Rent £450.00 pcm, House Type, Eaton 22, Watts Drive, Shepshed, Rent £425.00 pcm, House Type ,Eaton
TENURE
The apartments are held leasehold on a 125 years ground lease at a ground rent of £50.00 per annum. There is a service charge for each apartment to cover the cost of cleaning of communal parts, window cleaning, electricity supply and repair of communal parts, buildings insurance, gardening and a contribution to a reserve fund. As an example, Flat 2's contribution for the period November 2015 to November 2016 will be £813.28 or £67.77 per calendar month.
FIXTURES AND FITTINGS:
All fixtures and fittings mentioned in the sales particulars are included in the sale.
VIEWING:
Strictly through Moore & York Ltd., who will be pleased to supply any further information
required and appointments.
arrange
appropriate
MAKING AN OFFER:
As part of our service to our Vendors, we have a responsibility to ensure that all potential buyers are in a position to proceed with any offer they make and would therefore ask any potential purchaser to speak with our Mortgage Advisor to discuss and establish how they intend to fund their purchase. Additionally, we can offer Independent Financial Advice and are able to source mortgages from the whole of the market, helping you secure the best possible deal and potentially saving you money. If you are making a cash offer, we will ask you to confirm the source and availability of your funds in order to present your offer in the best possible light to our Vendor.
IMPORTANT INFORMATION:
Although we endeavour to ensure the accuracy of property details we have not tested any services, heating, plumbing, equipment or apparatus, fixtures or fittings and no guarantee can be given or implied that they are connected, in working order or fit for purpose. We may not have had sight of legal documentation confirming tenure or other details and any references made are based upon information supplied in good faith by the Vendor. Please would you contact Moore & York to check the availability of any property and make a viewing appointment via ourselves before embarking on any journey to see a property to avoid disappointment.
Directions Shepshed is best approached from Junction 23 of the M1 motorway (the Loughborough intersection). From the intersection, proceed west towards Ashby-de-la-Zouch via Ashby Road East, then take a right turn into Charnwood Road. Continue until reaching the mini-island and take the first exit left into Field Street which becomes Britannia Street. At the next mini-roundabout, turn right into Brook Street. Follow the road around to the left and eventually Watts Drive can be found on the right hand side.
Surveys and Valuations Moore & York are able to offer a comprehensive Survey and Valuation service of residential property. We undertake all types of valuations including Market Valuations, RICS Homebuyer Survey and Valuation Reports, Valuations for Probate, Capital Tax purposes and Insurance Reinstatement Valuations.
Contact us on 44 Granby Street, Leicester, Leicestershire, LE1 1DH Tel: 0116 255 8666 Email: [email protected] You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
www.home-sale.co.uk
www.mooreandyork.co.uk
