Sold STC

Hanley Terrace

Malvern

  • 1

  • 1

  • 1

  • Investment opportunity
  • Ripe for renovation
  • Imposing period building
  • Far-reaching views
  • 965 years remaining on the lease
  • Service charge £480 per annum
  • Ground rent £50 per annum

Offers in excess of

495 sq. ft.

Tenant Info
Email the team

01905 734 734

Please quote reference number JOB220114

About the property

A spacious apartment in need of renovation, with stunning views to the front.
  • Investment opportunity
  • Ripe for renovation
  • Imposing period building
  • Far-reaching views
  • 965 years remaining on the lease
  • Service charge £480 per annum
  • Ground rent £50 per annum
Property Snapshot

This apartment is an ideal investment opportunity within a prominent period building in Malvern. The apartment includes an entrance hallway, a reception room, a spacious double bedroom, a kitchen and a bathroom.

Description
Arley House is a beautiful period building situated on Hanley Terrace. The building is entered through a vestibule with a further door to the communal hallway, which has lovely high ceilings and Victorian tiled flooring.

Apartment 6 is accessed through a private entrance door off the communal landing.

As you enter the apartment you are greeted by an entrance hallway with doors leading to a storage cupboard and the accommodation.

The reception room has a window to the side and a door to the kitchen.

The kitchen has wall and base units with work surfaces incorporating a sink and drainer. There is also space for an under counter fridge, space for a slot-in cooker and a window to the side.

The spacious double bedroom has a window to the side.

The bathroom has a three-piece suite comprising a WC, a wash hand basin and a bath.

Services
The property has mains gas, mains electricity, mains water and mains sewerage.

Council tax band - A.


Reservation Fee - refundable on exchange

A reservation fee, refundable on exchange, will be payable by the Buyer to Andrew Grant Sales Limited prior to issuing the Memorandum of Sale and marking the property as Sold Subject to Contract. This fee will be reimbursed upon Exchange of contracts. The fee will be retained by Andrew Grant Sales Ltd to cover costs in the event the Buyer withdraws from the purchase other than as a result of:

1. Any structural issues arising from any survey
2. Serious defect in the seller’s legal title
3. The local searches reveal any matter that has a material adverse effect on the market value of the property that were previously undeclared or unknown

The reservation fee will depend on the level of your agreed offer for the property:

an agreed offer under £500,000 will be £500 inclusive of vat
an agreed offer between £500,000 and £1,000,000 will be £1,000 inclusive of vat
all agreed offers over £1,000,000 will be £1,500 inclusive of vat