A modern purpose built first floor flat located close to city centre with garage and parking space
This purpose built apartment is currently let to an established assured short-hold tenant currently paying £595 pcm, £7,140 per annum. It is well presented with gas central heating (new boiler installed in 2020) and is double glazed. The property is located a short walk from the city centre shops and market place and has the benefit of a garage and allocated parking space.
Tenure
Leasehold
Ground Floor
Shared entrance lobby and staircase to first floor
First Floor
Hall, lounge, kitchen, double bedroom, bathroom
Outside
Garage and parking space. The rental income includes the parking space in front of the garage, but not the garage itself. Currently the garage is used storage and rented to business for an annual income of £2,000.
Lease Details
Term: 99 years from 1989 Service Charge and Ground Rent: Approximately £960 pa
Note
The freehold is owned by the property owners - as a result the successful purchaser will share ownership of the management company that owns the freehold.
Viewings
Open viewings on Monday 7 September - APPOINTMENT ESSENTIAL - please contact the Norwich office on 01603 505100 to be allocated a time slot on the specific viewing day Please note that gloves & masks are required to be worn at this property.
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
Norwich City Council
Solicitors
Leathes Prior, 74 The Close, Norwich, NR1 4DR, Ref: Stephen Wilson, Tel: 01603 281012
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £954 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.