Residential investment producing £7,200 pa Let one bedroom flat close to city centre
This purpose built first floor one bedroom flat is let on a six month assured shorthold tenancy with effect from 30.11.20 producing £600 pcm (£7,200 pa). The property is located less than a mile west of the city centre. This would be an ideal purchase for an investor looking for a good yield.
Tenure
Leasehold
Description:
First Floor:
Entrance hall, store cupboard, bathroom, kitchen, lounge, bedroom
Outside
Communal rear garden.
Tenure
Leasehold 125 years from 07.10.96 (100 years remaining) Ground rent and service charge: £154 per quarter to include ground rent of £10. Service charge includes heating and hot water
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. Tel: 0344 980 3333
Solicitors
Ronaldsons, 45 Dereham Road, Norwich, NR2 4HY, Ref: Zillah Wood, Tel: 01603 621113
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 £1140 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.