For Sale2 Bedroom Flat in Pennyfarthing Street, Salisbury, SP1£265,000

A rare and exciting opportunity to purchase a wonderfully spacious and luxurious, 2-bed city centre apartment with private parking. A rare and exciting opportunity to purchase a wonderfully spacious and luxurious city centre apartment with private parking. Pennyfarthing House was converted by reputable developers, Derek Warwick Developments, in 2018. The creative and extensive refurbishment has created this superb collection of light and sizeable apartments that are finished to exacting standards throughout. Upon entering the building, the quality is immediately apparent. The entrance hall provides access to the communal stairwell and a Schindler lift that services all floors. Apartment 5 can be found on the first floor with accommodation extending to 654 sq. ft. The apartment boasts a stunning contemporary finish throughout that has been further enhanced by the current owner’s elegant décor. The accommodation consists of an open plan kitchen/sitting/dining room to the front. The easterly aspect ensures the room has an abundance of natural light. The kitchen is fitted with a stylish English kitchen with ample wall and base units under stone work surfaces and integrated Bosch appliances. The central island provides additional storage and is an excellent casual dining and entertaining area. Beyond there is space for a comfortable seating and dining area. The two double bedrooms are situated to the rear and enjoy a westerly aspect thus offering excellent flexibility in their use as an additional reception room should a purchaser only require one bedroom. Centrally in the apartment is the modern shower room that is fitted with quality Duravit fixtures and fittings. Outside, the private parking area has attractive electronic gates. The apartment owns a parking space that is professionally fitted with an electric car charging point. Additional Information: 125 year lease from September 2018. Service charge is approx. £800.00 per annum and ground rent is approx. £250.00. Our lettings team estimate a monthly income figure of £1,200.00 for this apartment. Outside Conveniently situated in one of Salisbury's most prestigious residential areas, with an eclectic mix of period properties a short distance from the iconic Cathedral Close. Within a level walk are most of Salisbury's excellent facilities - shopping, leisure, cultural and educational. Salisbury has a mainline station with trains to London Waterloo (journey time approximately 86 minutes), as well as a twice weekly market. Good local schools are numerous and include Salisbury Cathedral School, Chafing Grove, Godolphin School, as well as Bishop Wordsworth and South Wilts Grammar Schools. There is racing at Salisbury and Wincanton, golf at High post, South Wilts and Rushmore. Fishing on the River Avon and other nearby chalk streams. The countryside surrounding Salisbury offers large unspoiled areas, ideal for walking and riding. The A303 provides access to the south west and London via the M3. Situation Situated on Pennyfarthing Street, leading into Salisbury’s city centre, the property is very well connected to the city’s excellent range of cultural, leisure and shopping facilities. There are direct rail services into London Waterloo from Salisbury, while Southampton Airport (24 miles) offers daily flights to a number of national and international destinations. The A303 provides access to the south west and additionally London via the M3. The property is also within a prime position to reach an array of schools in both the state and independent sector. Salisbury itself is surrounded by picturesque countryside, popular for many outdoor pursuits including golf at South Wilts, High Post and Hamptworth, and an abundance of options for fine walking and riding. Additional Information 125 year lease from September 2018. Management Company is Black Horse Regeneration Ltd. Service charge is approx. £1,293.87 per annum and ground rent is approx. £250.00. Our lettings team estimate a monthly income figure of £1,200.00 for this apartment. Additional information - 2 Bedrooms - Open Plan Kitchen & Sitting Room - Family Shower Room - Allocated Parking with Electric Port - Gated Development - Walking Distance of City & Station Key information Council Tax Band: D Tenure: Leasehold Leasehold Information: - Number of years left on lease: 118 years - Annual service charge: £1,294 - Annual ground rent: £250 - Annual ground rent review period: 0 years - Ground rent increase: Contact branch