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Venner Avenue, Cowes O.I.E.O £125,000

New
2    1    1
  • Maisonette (1st floor)
  • Large front and rear gardens
  • Countryside Views
  • 2 Bedrooms
  • Planning Permission for Extension to 3 Beds
  • Great Investment

Wonderful purpose built first floor maisonette with lovely countryside and sea views and private garden. Additionally there is Planning Permission for a ground floor extension which would turn this into a three bedroom property. Ideal First Time Buy, Buy-To-Let, or downsizer property.


Venner Avenue
Cowes PO31 8AF

Entrance Hall

Double glazed door to an entrance hallway, with ample space for storage. Double glazed windows and door. Tiled floor. Door to:

Inner Lobby

Storage cupboard, also housing electric fuse board and metre. Double glazed door to rear garden. Carpeted stairs lead to:

Landing

Carpeted. Storage heater. Storage cupboard. Loft access. Doors to:

Kitchen

Fitted with a smart range of base and wall units with roll top work surface over, incorporating a stainless steel sink and drainer with mixer tap over. Space for tall fridge freezer and electric oven, extractor hood, space and plumbing for washing machine. Spotlights. Laminate flooring. Deep built in cupboard. Large double glazed window overlooking the rear garden.

Sitting Room/Dining Room

14' 6'' x 12' 8'' (4.41m x 3.87m)

An 'L' shaped room with large double glazed window to the front, again with far reaching views including the western Solent. Storage heater. TV and telephone points.

Bathroom

Fitted with a white suite comprising of low level WC, pedestal wash basin and bath with 'Triton T70si' electric shower over. Extractor fan. Chrome heated towel rail. Tiled floor. Frosted double glazed window to the rear.

Bedroom 1

11' 6'' x 10' 7'' (3.51m x 3.22m)

Double bedroom with large double glazed window to the front with far reaching views to the west and including Solent glimpses, on clear days you can sea the Lymington to Yarmouth ferry! Storage heater. Carpet.

Bedroom 2

11' 6'' x 9' 0'' (3.50m x 2.74m)

Another double room with large double glazed window to the rear. Storage heater. Carpet.

Outside

This maisonette benefits from having a large triangular garden to the front- lots of room to grow vegetables for the budding gardener! Also there is a good size garden to the rear which has side access, paneled fencing and a small patio. Leasehold details: Offered on the remainder of 999year lease, service charge is 'as payable', ground rent ú5.00 per annum, reviewed in January each year. Potential rental income is £600 pcm - yield of 5.6%

Planning Permission

The property also benefits from planning permission for a ground floor kitchen/lounge extension. This would then provide a third bedroom upstairs.

Tenure

Leasehold 999 year with Circa 954 remaining, Maintenance fees are 'when required', Ground rent just £5pa.


Venner Avenue
Cowes PO31 8AF

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Venner Avenue
Cowes PO31 8AF
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