A tenanted ground floor flat close to the Waterfront

This ground floor flat is situated a stone's throw from the Waterfront and comes with the benefit of resident's parking. The property offers two bedroom accommodation with a good size open plan living room/kitchen and is currently let on an Assured Shorthold Tenancy originally put in place during April 2023 but extended for 12 months from April 2024 with a 6 month break clause and at a rent of £800 per calendar month (£9,600 per annum). A prime investment opportunity not to be missed.

Tenure

Leasehold. 125 years from 2003

Leasehold Information

Term: 125 years from 2003 (104 years remaining) Annual ground rent amount: £400 Annual service charge amount: £1,890

Council Tax Band

B

Viewing

Open Viewing has been scheduled for Monday 22nd April at 10.00am. BOOKING AN APPOINTMENT IS ESSENTIAL. Please call 01473 558888 to make arrangements.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Ipswich Borough Council

Solicitors

22 Law, Ref: Claire Stanton, Tel: 0191 432 4408

Additional Fees

Buyer's Premium - £1140 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.