One bedroom flat, currently let producing £5,700pa

Third floor one bedroom flat with off-road parking The flat is located in a purpose built block of flats less than two miles east of the centre of Norwich. The flat is generally in good decorative order and is currently let at £475pcm (£5,700pa) The property benefits from an undercover off-road parking space and there are impressive views of Whitlingham Country Park from the balcony. This would make an ideal cash purchase for an owner-occupier or investor. The ground rent is £30pa. The percentage service charge payable by the leaseholder of the flat is 7% of the expenditure in services as per the lease.

Tenure

Leasehold

Description

Ground Floor

Shared entrance hall, stairs leading to third floor

Third Floor

Entrance hall, living room, bedroom, bathroom, kitchen, balcony

Outside

Allocated off-road parking space at ground floor level.

Lease

The Lease is a term of 99 years starting Janruary 1985. The service charge is 7% of the expenditure on services.

Viewing

Strictly by appointment with the Auctioneers

Energy Efficiency Rating (EPC)

Current Rating D

Services

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

Local Authority

Broadland District Council. Tel: 01603 431133

Solicitors

Norton Legal, Unit 8 Beech Avenue, Taverham, Norwich NR8 6HW, Ref: Mrs T Guest, Tel: (01603) 864331

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ 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.