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" An attractive second floor apartment in a modern purpose built block, conveniently located close to comprehensive local amenities and providing an excellent investment opportunity with a current gross yield of 5.2%

LOCATION & DESCRIPTION
STRATFORD UPON AVON is internationally famous both as the birthplace and home of William Shakespeare and as an historic market town, thus attracting visitors from many parts of the world. Renowned also for its general architecture and fine half timbered buildings, the town today is a centre for rural Warwickshire, offering a choice of shopping, social, educational and recreational amenities in an attractive setting. In addition, the road network allows ease of access to many important centres including Birmingham

(25 miles), Warwick/Leamington Spa (8 and 10 miles respectively), Banbury (20 miles), Oxford (39 miles), Cheltenham (30 miles), Evesham

(14 miles), Worcester (25 miles), Redditch (16 miles) and Coventry (21 miles). Train services run to Birmingham and London from Leamington Spa and Warwick Parkway, and the motorway network with the M5, M6 and M42 linking with the M40, gives access throughout the Midlands conurbation and to London and the South. The National Exhibition Centre, the National Agricultural Centre and Birmingham International Airport and Station are all located within easy travelling distance.219 BIRMINGHAM ROAD is an attractive second floor apartment in a modern, purpose built block. The property offers open plan living space with the benefit of two bedrooms, one en-suite and is conveniently located for access to the nearby Maybird Shopping facility and the town centre. The property benefits from the balance of a 10 year NHBC Warranty and provides an excellent investment opportunity, currently let for £695 per calendar month, giving a gross yield of 5.2%.

ACCOMMODATION

Ground Floor Communal Entrance Hall

Entrance Hall
With intercom entry handset, Dimplex electric radiator, built in Cloaks Cupboard and electric consumer unit. Airing Cupboard with Range Tribune hot water cylinder.

Open Plan Living/Dining/Kitchen - 11' 10'' x 20' 7'' (3.60m x 6.27m) plus 17' 5'' x 12' (1.38m x 2.22m)
with two UPVC double glazed windows to front, feature fireplace with fitted electric fire, Dimplex electric heater. The kitchen area is fitted with laminate units and work surfaces incorporating 1½ bowl stainless steel sink unit, fitted Whirlpool electric oven and hob, tiled floor.

Bedroom 1 - 10' 8'' x 14' 9'' average, inc Shower Room

(3.25m x 4.49m)
with UPVC double glazed window to rear. Door to:

En Suite Shower Room
with bracket wash hand basin, wc, shower tray with glazed screen, Hydro Max shower, extractor fan.

Bedroom 2 - 8' 8'' x 11' 5'' (2.64m x 3.48m)
with UPVC double glazed window to rear, Dimplex electric heater.

Bathroom
with wc, pedestal wash hand basin, panelled bath with shower attachment, tiled floor, heated towel rail/radiator.

Outside
The property has the benefit of one allocated parking space.

GENERAL INFORMATION

Tenure
Leasehold for a term of 155 years from 1 March 2006, with a Ground Rent of £250 per annum. The flat is currently let from 19 March 2015, at a rent of £695 per calendar month, giving a gross yield of 5.2%.

Service Charge
Service ChargeA service charge is payable for the maintenance and insurance of the building and currently amounts to £526.85 per half year from 1 March 2015.

Services
Mains electricity, water and drainage are understood to be connected to the property. Purchasers must make their own investigations prior to contractual purchase.

Viewing
Strictly by prior appointment with CPBigwood, Stratford upon Avon, telephone: 01789 294444.

Directions to the property
From Stratford upon Avon town centre proceed north on the A3400 Birmingham Road and opposite Tesco turn left into Hamlet Way. Take the first left and follow the road around to the left where the block is located straight ahead.

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