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1 bathroom(s)
Leasehold

Summary

LUXURIOUS APARTMENT at a very AFFORDABLE PRICE * IDEAL BUY-TO-LET investment (rental value £800-825 pcm)* A RATED ENERGY EFFICIENT * 3rd Floor

Features

Property Description

LUXURY STUDIO APARTMENT ON THE 3RD FLOOR

INTRODUCTION:
Canaway Court is an iconic development with a very modern, cutting edge exterior design. Stepping inside feels like walking into a 5 star hotel and the fittings and interior design of the apartments is simply stunning.

SUMMARY:

* video entry phone and fob system.
* a stylish reception area with individual post box.
* a chrome lift providing access to all floors with LED screen that keeps you entertained on your elevator journey, by rotating news headlines, a weather forecast and useful facts, whilst music plays, further adding to a hotel-style experience for you and your visitors to indulge.
* secure bicycle storage situated underneath the building.
* bin stores with pin code entry system.
* disabled access from both rear and front entrances.
* EWS1 certificate which the seller informs us surpasses fire safety standards, including sprinkler systems throughout the building and communal fire detection.
* 10-year ICW builders warranty from new.

HEATING AND ENERGY EFFICIENCY:
The energy rating of some of this studio apartment is high B-rated (89) which is great news for those looking to keep energy bills to a minimum.
* the apartment comes with its own air source heat pump for hot water and Kyros electric radiators with digital controls.
* high-performance glazing and low-energy lighting in all fixed outlets.

SPECIFICATION:

The Studio apartment include:

* Open plan kitchen/living and recess bedroom area:
* Quality, hard timber effect flooring.
* Juliette balcony with glazed, floor-to-ceiling sliding doors that open from either side.
* Fitted kitchen with concealed lighting, integrated hob, oven, dishwasher and full-size fridge/freezer.
* Spotlighting.

Entrance hall and utility cupboard:
* Utility cupboard housing air source heat pump for hot water and a washer/dryer.
* Entrance hall provides access to the bathroom, utility cupboard and the living/kitchen area, via a partly glazed, beech effect door.

Bathroom:
* Wall and floor tiles.
* LED, touch-sensor, colour-changing mirror with beauty light.
* Tile-panelled bathtub with glazed shower screen, chrome shower riser with detachable hose and rainfall shower over.
* Heated, electric, chrome ladder-style towel rail.
* Vanity unit/storage with white basin and chrome mixer-tap.

THERE IS NO PARKING WITH THIS TOWN CENTRE APARTMENT. On-road permit parking is something that BCP council offer - to find out more you may be able to apply for a permit (circa £55 per year).

Council tax band:
The seller advises that the council tax rate is A-rated.

LEASE TERMS:
* Tenure: Leasehold.
* Lease length: 999 years from 2022.
* Ground rent: Peppercorn.
* Service charge: Seller advises circa £728 per annum.

BUY TO LET:
This luxury studio apartment is currently let out at £800 pcm. This therefore makes a high-yielding and low maintenance investment opportunity.

Rent expectation: Our lettings and property management division has already successfully rented multiple studios within this apartment block. The latest has been let for £850 per month (£10,200 per year). This excluded utility bills and council tax which will be payable by the tenant/s in addition to the rent.

Expected Gross Yield: 6.58% (based on a purchase price of £155,000 and rent of £850 pcm).

Advantages of being a landlord at Canaway Court:
* New-build development with a 10-year ICW builders warranty.
* No ground rent to pay (peppercorn), affordable service charges and a 999 year lease from 2022.
* Central location for professional tenants working at Poole Hospital and Town Centre businesses.
* All electric heating and hot water, therefore, no yearly Gas Safety Certificates to pay.


LOCATION:

* Located in Poole Town Centre within close proximity to:
* Poole Train Station (0.2mile).
* Poole Bus and Coach Station (0.2mile).
* Poole Dolphin Shopping Centre and Old Town Coffee Shops and Restaurants (0.1mile).
* Poole Harbour and Poole Quay (0.8mile).
* Poole Park, a Large Urban Park Next to a Boating Lake, with a Cafe, Play Areas, Tennis Courts, Bowls and Water Sports Facilities (0.5mile).
* Ideally located for people working in Poole Town centre, Poole Hospital (0.4miles) or specifically at Sunseeker, Lush, RLNI and other local businesses.
(All distances are obtained from Google maps, therefore, please do your own research to obtain accurate distances and routes).

HOW DO I BOOK A VIEWING?:

Please enquire to register your details and book your convenient time slot with EMBARQ sole agents


These property details are set out as a general outline only and do not constitute any part of an Offer or Contract. Any services, equipment, fittings or central heating systems have not been tested and no warranty is given or implied that these are in working order. Buyers are advised to obtain verification from their solicitor or surveyor. Fixtures, fittings and other items are not included unless specifically described. All measurements, distances and areas are approximate and for guidance only. Room measurements are taken to be the nearest 10cm and prospective buyers are advised to check these for any particular purpose, e.g. Fitted carpets and furniture.

Imagery

Floor Plan

EPC

Book viewing or ask a question



All offers to be emailed in writing to Embarq sales office:

Tel: +44(0)1202 930930  |  Email: hq@embarq.co.uk  |  Web: www.embarq.co.uk

These property details are set out as a general outline only and do not constitute any part of an Offer or Contract. Any services, equipment, fittings or central heating systems have not been tested and no warranty is given or implied that these are in working order. Buyers are advised to obtain verification from their solicitor or surveyor. Fixtures, fittings and other items are not included unless specifically described. All measurements, distances and areas are approximate and for guidance only. Room measurements are taken to be the nearest 10cm and prospective buyers are advised to check these for any particular purpose, e.g. Fitted carpets and furniture.