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Studio for sale

£90,000 From

St. Georges Court, Huntingdon, Cambridgeshire. PE29

Studio for sale 1
Interested in this property? Call +44 1480 576798 * or Request Details

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Property features

  • Studio Apartment.
  • Ideal Investment Opportunity.
  • Open Plan Living/Kitchen Area.
  • Town Centre Location.
  • Walking Distance to Local Amenities.
  • Close to Huntingdon Train & Bus Stations.
  • Newly extended lease to 125 years.
  • Currently Rented at £475 pcm.
  • No Forward Chain.
  • EPC: D.

Property description



An investment opportunity in the form of a studio apartment in the heart of Huntingdon Town Centre, currently rented under an assured shorthold tenancy at £475 pcm

EPC Rating: D

Location

Ideally situated just off Huntingdon High Street the property is centrally located for the town and provides easy access onto the A14/A1 road network. Huntingdon itself benefits from a variety of independent shops, larger supermarkets and retail outlets. Within walking distance is Huntingdon Train Station providing access to London Kings Cross in under an hour.

Introduction

An ideal investment opportunity situated within the town centre close to Huntingdon Train and Bus Stations.

Location

Ideally situated just off Huntingdon High Street the property is centrally located for the town and provides easy access onto the A14/A1 road network. Huntingdon itself benefits from a variety of independent shops, larger supermarkets and retail outlets. Within walking distance is Huntingdon Train Station providing access to London Kings Cross in under an hour.

Gross Internal Floor Area

The Gross Internal Floor Area is approximately 306 sq ft (28.4 sq metres)

Living / Kitchen Area (4.11m x 4.82m)

Fitted with a range of wall and base mounted cupboard units with fitted worksurface. Stainless steel sink with drainer and mixer tap. Freestanding electric cooker with four ring ceramic hob, oven and grill. Velux window to front elevation. Juliet balcony to front elevation. Electric heater. Some tiled surrounds. Space for fridge/freezer.

Hallway

Door to front elevation. Airing cupboard housing hot water tank.

Bathroom

Fitted with a three piece suite comprising paneled bath with mixer shower over, low level WC and pedestal wash hand basin. Vinyl tile effect flooring. Extractor fan.

Tenure

The Tenure of the property is Leasehold, the lease has just been extended to 125 year by the seller and is currently just awaiting registration by the land registry, which will be expedited at the point of a sale being agreed.

The current service charge equates to £900 per annum, the current ground rent being £50.00 per annum.

External

The property is accessed of Huntingdon High Street and benefits from a communal bin area.

Agents Notes

These particulars whilst believed to be correct at time of publishing should be used as a guide only. The measurements taken are approximate and supplied as a general guidance to the dimensions, exact measurements should be taken before any furniture or fixtures are purchased. Please note that Oliver James Property Sales and Lettings has not tested the services or any of the appliances at the property and as such we recommend that any interested parties arrange their own survey prior to completing a purchase.

Money Laundering Regulations

In order to progress a sale, Oliver James will require proof of identity, address and finance. This can be provided by means of passport or photo driving licence along with a current utility bill or Inland Revenue correspondence. This is necessary for each party in joint purchases and is required by Oliver James to satisfy laws on Money Laundering.

Property info

Floorplan(s): Floorplan 1

View original

Property value data/graphs for PE29

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £445,198 £242 3.7 £415,407
Semi-detached £319,068 £244 3.0 £280,130
Terraced £261,153 £221 2.7 £222,251
Flats £199,917 £214 1.7 £146,803

Current asking prices in PE29

Average: £308,593
Avg. current asking prices in PE29
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £104,880
(5)
£234,375
(12)
£296,958
(42)
£493,739
(23)
£865,833
(6)
Flats £139,756
(27)
£192,500
(10)
£180,000
(1)
£400,000
(1)
-
All £134,306
(32)
£215,341
(22)
£294,238
(43)
£489,833
(24)
£865,833
(6)

Current asking rents in PE29

Average: £1,425 pcm
Avg. current asking prices in PE29
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £1,101 pcm
(1)
£1,520 pcm
(5)
£1,998 pcm
(6)
-
Flats £829 pcm
(4)
£992 pcm
(2)
£1,096 pcm
(1)
- -
All £829 pcm
(4)
£1,029 pcm
(3)
£1,450 pcm
(6)
£1,998 pcm
(6)
-

Fun facts for PE29

Highest value in PE29
Highest value streets Zed-Index
Miller Close £666,158
Earning Street £640,141
Parcell Walk £638,397
Middlemiss View £631,781
Sweetings Road £609,813
Highest turnover in PE29
Highest turnover streets Turnover
Hawthorn Drive 50.0%
Miller Close 46.2%
Merritt Street 45.0%
Ouse Walk 41.5%
Cross Street 40.0%
Arrange Viewing

For more information about this property, please contact
Oliver James, PE29 on +44 1480 576798 * (local rate)

Monthly running costs Beta

£545 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,000
Repayment term 25
Interest rate 2.0
Your payment £343 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Contents value up to £75,000 Average insurance cost £17/mo (£200/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £16 Electricity £31 Estimated energy cost £47/mo

Similar properties could save up to £139

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2000 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Huntingdonshire

Estimated tax band A Council tax cost £112 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £10 Sewerage £16 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Oliver James, and do not constitute property particulars. Please contact Oliver James for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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