A Two Bedroom Ground Floor Flat

The property comprises a two bedroom ground floor flat in a converted building arranged over ground and first floors.

Tenure

Leasehold. The property is held on a 99 year lease from May 1983 (thus approximately 65 years unexpired).

Location

The property is situated ion a residential road close to local shops and amenities. The open spaces of West Park and Castle Eden Filtrona Park are both within easy reach. Transport links are provided by the A19 with connections to the A1(M).

Accommodation

Ground Floor Reception Room Kitchen Two Bedrooms Bathroom with WC & wash basin

Exterior

The property benefits from a rear yard.

The LHA rates for a 2 bedroom property in this postcode is £103.56 per week. Thus potential income of £5,385.12 per annum (source: http://lha-direct.voa.gov.uk)

Viewing Details

Wednesday 5th July 13:00 - 13:30 Thursday 13th July 12:00 - 12:30 Monday 17th July 15:00 - 15:30

Vendor Header

On the Instructions of

Addendum

Please note that this property is subject to a Buyers Premium of £150 + VAT. This is in addition to the buyer's admin fee of £650 + VAT charged by 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.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

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