Home Report Value £170,000

The subject property offers beautifully presented accommodation in ‘move-in’ condition. It comprises a bright and very spacious lounge (26m2) with a west-facing balcony, a very good-sized kitchen/dining room with a range of wall and base units, bathroom with three-piece suite and two double bedrooms both benefitting from integrated mirrored wardrobes. The comprehensive list of attributes includes double glazing, gas central heating (a significant bonus as many flats have less controllable electric heating), a secure entry system, kitchen appliances including integrated fridge/freezer, oven, hob, extractor fan, and washing machine. There is ample storage throughout.

Externally vehicular needs are catered for by a driveway as well as a (rare) private garage(useful for charging that electric car) and beautifully maintained communal garden grounds.

Factoring costs for the property are very competitive at around £900 a year.

The development of 143 apartments at City Quay is, however, around 20 years old and understandably there is now a major program of external refurbishment being initiated to ensure all the properties in the estate are restored to excellent condition, ready for the next 20 years or more.

Most importantly for purchasers of this lovely flat, the apportioned expected significant cost of these works will be paid by the current owners. For potential purchasers of 36 Thorter Row there are therefore two significant benefits. Firstly this refurbishment program should include warranties on the new works thereby significantly lowering any risk of future large outgoings/factoring charges – potentially for another two decades or so. Secondly an excellently maintained development should allow for continuing competitive insurance quotes (just £360 for 2023/24) as well as much-lowered maintenance costs for external areas of this property.

So potential purchasers should gain the full benefit/reassurance of the refurbishment program at little, if any, cost to them. The Home Report shows that 36 Thorter Row is in good condition, with a valuation matching the headline asking price, and the current owners expect little direct disturbance to future owners from the refurbishment works that almost entirely affect other quadrants of the development.

In summary, 36 Thorter Row is a well-presented spacious property, available now with the benefits of refurbishment of the development at no cost and low ongoing factoring costs. We recommend early viewing.

Rooms

• Lounge: 16' 9" x 16' 9" (5.11m x 5.11m)
• Kitchen: 9' 1" x 12' 7" (2.77m x 3.84m)
• Bathroom: 6' 0" x 6' 1" (1.83m x 1.85m)
• Bedroom 1: 9' 5" x 11' 1" (2.87m x 3.38m)
• Bedroom 2: 7' 4" x 11' 1" (2.24m x 3.38m)