Vacant town centre flat - good investment

A spacious second floor flat conveniently situated in the Town centre. A good investment property capable of producing a gross yield of 14% at the middle of the guide price and briefly comprising large living room with kitchen area, bathroom, two bedrooms and boxroom. The identical flat below is also available in the same auction and is currently let on an AST at £4,200 pa.

Tenure

Leasehold

Living room /kitchen - 20' x 14'9 max

with laminated wood floor, range of units, oven and hob;

Bathroom -7'6 x 4'

with bath, basin and WC;

Boxroom - 8'6 x 6'

Bedroom - 10'9 x 9'

Bedroom - 10' x 7'9

Outside

Access via external stairs from gated yard.

Tenure

Long leasehold tenure - 99 years from October 2010.

Viewing

Please telephone 01228 510552

Energy Efficiency Rating (EPC)

Current Rating F

Services

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

Local Authority

Allerdale Borough Council

Solicitors

Beaty & Co, 1 Victoria Place, High Street, Wigton, CA7 9PJ, Ref: Pam Enon, Tel: 016973 42121

Additional Fees

Administration Charge - £720 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.