Studio apartment in its raw condition. Close to all local amenities & not far from the beach & countryside.
The area is in high demand at the moment and even though the apartment needs renovation this is a fabulous investment opportunity. This is a fourth floor apartment and is accessed by an elevator. It has landline phone connection, water, electricity all running well and there is room for extending the property after renovation.
The apartment is 21.46 sqm and in a raw condition at the moment. It comprises an open plan living and sleeping area with bathroom but it can be extended and refurbished according to the buyer's taste. There is also a chance of purchasing a neighbouring apartment for a larger extension.
There is a new shopping mall built across the road from the property with a Cineworld in it. Also in this area are lots of grocery shops, an internet cafe, takeaway food shops and the ATM machines are close by. The apartment building is not far from the seaside and film city hills.
There is a chance this entire building will be knocked down and rebuilt again by real estate developers with all modern facilities in the near future. It will then have a very high price value and the person who has the apartment in his or her name will get an apartment in the new building.
The balcony overlooks the street and also in view is the highway and greenery at the back of the building. The asking price for the property at the minute is INR 50 Lacs or the equivalent in pounds sterling.