Residential investment close to city centre Let flat producing £6,000 pa
This spacious ground floor one bedroom flat is currently let on a six month assured shorthold tenancy with effect from 6th June this year at £500 pcm, and would make an ideal investment. The property is in good decorative order and benefits from double glazing and central heating. Overlooking the old City Walls this purpose built 1950s block sits in an elevated position to the rear of The Towers development with access via Carrow Hill or Ice House Lane off Bracondale. There is easy access into the city centre, Riverside complex, railway station and of course Carrow Road.
Tenure
Leasehold
Accommodation
Secure communal entrance, entrance hall, bathroom, lounge, bedroom, kitchen, pantry
Outside
Private bike / stores cupboard, communal grounds mainly laid to lawn with established shrubs and borders. Permit parking is available on the street.
Tenure
Leasehold 125 year lease from 29th September 1977 Ground rent £60 pa Current service charge £1,328 pa.
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
Cozens-Hardy LLP, Castle Chambers, Opie Street, Norwich, NR1 3DP, Ref: Rebecca Edwards, Tel: 01603 724644
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.