* Leasehold
* 2 Double Bedrooms
* 2 Bathrooms
* Open Plan Modern Living Space
* Parking Space Included
* Large Balcony
* Tenants In Situ Paying £1, 350pcm
* Annual Rental Income Of £16, 200
* Net Yield: 5. 25%
Pure Investor are delighted to bring to the market Flat 7, New Town
Apartments, a contemporary and stylish first - floor apartment nestled in the
heart of Ashford, Kent. Boasting modern design elements and convenient
amenities, this new build residence offers comfortable living spaces and a
prime location for both urban convenience and tranquil retreat.
Upon entering this inviting apartment, you enter the main hallway taking you
to an open - plan living/dining/kitchen area. The sleek kitchen is equipped with
high - end appliances, ample storage space, and flows into the main living space
making it perfect for both casual dining and entertaining guests. The living
room seamlessly flows onto the private balcony, providing a charming outdoor
space to unwind and enjoy the fresh air. With room for outdoor furniture, it
offers an ideal setting for al fresco dining or simply soaking up the
sunshine. The two well - proportioned bedrooms offer comfortable retreats, with
the main bedroom featuring a large window that bathe the rooms in sunlight.
The master bedroom benefits from an en - suite bathroom, while a second bathroom
serves the additional bedroom and guests.
Residents of New Town Apartments enjoy the convenience of allocated parking,
ensuring hassle - free access to their vehicles. Additionally, the property
benefits from a ground rent of £220 annually and a service charge just over
£1, 000 annually, providing peace of mind for maintenance and communal areas.
Situated on Newton Road, this apartment is ideally located for accessing the
vibrant amenities of Ashford, including shops, restaurants, and leisure
facilities. Excellent transport links, including Ashford International
Station, are within easy reach, offering swift connections to London and
beyond.
Currently achieving £1, 350 a month in rental income with the current tenancy
ending in May 2024, this property presents an attractive investment
opportunity or a comfortable home for those seeking contemporary living in a
sought - after location.
Key Features:
* Full Address: Flat 7, New Town Apartments, Newton Road, Ashford, Kent TN24 0WJ
* Asking Price: £285, 000. 00
* 2 double bedrooms
* 2 bathrooms (en - suite and main bathroom)
* Spacious balcony
* Allocated parking
* Approx. 690 sqft of living space
* Ground rent of £220. 00 per annum
* Service charge of just over £1, 000. 00 per annum
Investment Information:
* Current Tenancy: Due to expire in May 2024
* Current Rental Rate: £1, 350pcm
* Annual Rental Rate: £16, 200. 00
* Net Annual Rental Income: £14, 980. 00 (letting agents fees not included in this or home insurances)
* Gross Yield: 5. 7%
* Net Yield : 5. 25%

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