2 Bedroom Flat, Riverbank Way, Ashford, TN24
Riverbank Way, Ashford, TN24
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Skippers Estate Agents - Ashford
5 Kings Parade High Street, Ashford
Description
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
Key Features
- 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
Property Details
- Property type: Flat
- Price Per Sq Foot: £220
- Approx Sq Feet: 614 sqft
- Property Age Bracket: 2000s
- Council Tax Band: B
- Tenure: Leasehold
- Lease Expiry: 13/03/2101
- Ground Rent: £150.00 per year
- Service Charge: Not Specified
Rooms
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.
Floorplans
Parking Spaces
On street
Capacity: N/A
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).
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