Modern Ground Floor Flat

This modern purpose built ground floor two bedroom apartment would make an excellent buy to let investment, the property is correctly tenanted on a Periodic Tenancy at £550 per calendar month. There is a communal entrance area, entrance hall, large open plan living/dining kitchen, inner hallway gives access to two bedrooms, the master with an en-suite and there is a separate bathroom. Outside there is a shared car parking area.

Tenure

Leasehold. Sold subject to the terms of the existing Periodic Tenancy.

Ground Floor

Communal Entrance Area, Entrance Hall, Living/Dining Kitchen 28'4" max x 15'9" max 11'8" min, Inner Hallway, Bedroom One 12'4" x 11'4", En-suite, Bedroom Two 12'2" x 10'10", Bathroom.

Outside

There is communal parking.

Viewing

By appointment with the Auctioneers. Tel: 0116 2227575

Tenure

This property is being sold leasehold and is subject to a Periodic Tenancy with the rent currently being paid of £550 per calendar month. We understand there is a 125 year lease from 2004 with a ground rent of approx. £250 per annum and a service charge of approx. £1,000 per annum. These details should be checked and verified.

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

Derby City Council

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1200.00 (£1000.00 plus VAT)

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