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Marymead Close, Ryde2 bedroom Ground Floor Flat for sale

  • 2
  • 1
£132,500
Sold STC
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Main Features

  • Minutes from Ryde Seafront
  • Great Buy to Let Investment
  • Easily Maintained
  • Private Garden
  • Allocated Off Road Parking
  • Close to Ryde Town and Mainland Links
  • Two Double Bedrooms
  • Tenant in Situ

About this property

Minutes from Ryde Seafront
Two double bedrooms
Great Buy to Let Investment
Easily Maintained
Private Garden
Allocated Off Road Parking
Close to Ryde Town and Mainland Links
Tenant in Situ

This TWO DOUBLE BEDROOM GROUND FLOOR APARMENT benefits from double glazed window units throughout, private front garden, communal garden/drying area and off road allocated parking in the gravelled car park for one vehicle. The purpose built building is positioned off a quiet road and towards the end of the cul-de-sac with a pleasant outlook over Simeon Recreation Ground. Positioned in a quiet location, this property is all but a moments walk away from Ryde seafront, and Appley beach. With the beach on your doorstep, you are also are matter of minutes away from local amenities, restaurants aplenty and also those quick links to the mainland.

Marymead Close is conveniently positioned for easy access to Ryde Town Centre, with its extensive shops and amenities, while the passenger ferry and Hovercraft terminals are also close to hand. Ryde Esplanade is a short walk away and offers sandy beaches and a variety of further attractions.

In our opinion, those seeking an easily managed investment buy will be keen to view as the property offers a high yield investment opportunity with a long-term tenant, suiting a buy to let investor or owner occupier. CHAIN FREE. CURRENT TENANT PAYING £575 PCM ON AN ASSURED SHORT HOLD TENANCY. GROSS YIELD BASED ON PURCHASE PRICE OF £132,500 = 5.2%.

COMMUNAL ENTRANCE HALL Secure door entry via Intercom system.

HALLWAY Main entrance hall with three storage cupboards, one housing hot water tank. Doors to all accommodation.

KITCHEN 9′ 4" x 4′ 9" (2.87m x 1.47m) Modern fitted kitchen with a range of floor and wall units. Space and plumbing for washing machine and space for fridge/freezer. Integrated electric oven and hob.

LOUNGE 12′ 8" x 10′ 0" (3.879m x 3.064m) A bright lounge with patio doors leading out to a private outside space.

BEDROOM 1 10′ 0" + Wardrobe x 10′ 0" (3.07m x 3.05m) Double bedroom.

BEDROOM 2 10′ 0" + Wardrobe x 6′ 6" (3.07m x 2m) Double bedroom.

BATHROOM Panelled bath with shower over and a tiled surround. Low level WC and hand wash basin with tiled splashback. Frosted double glazed window.

OUTSIDE Private garden space accessed via sliding doors from the lounge. Additional communal garden/drying area.

PARKING Gravelled parking area to the side providing an off road allocated parking space.

HEATING Electric storage heating.

TENURE Leasehold – 98 years remaining.

SERVICE CHARGES Professionally managed by Cameron Chick Property Management.
Service charge amounts to £90 per month. £1080 per annum.
Ground rent is £50 per annum.

SERVICES Water and mains drainage, and electric.

COUNCIL TAX Band "B".

Map

Brochure

Property Brochure

Marymead Close, Ryde

£132,500

Full PDF brochure containing all the details of the property in Marymead Close, Ryde - £132,500

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Branch

Ryde

37 Union Street, Ryde, Isle of Wight, PO33 2LE

01983 565658

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Opening hours

  • Monday08:30 - 17:30
  • Tuesday08:30 - 17:30
  • Wednesday08:30 - 17:30
  • Thursday08:30 - 17:30
  • Friday08:30 - 17:30
  • Saturday09:00 - 16:00
  • Sunday -

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