First floor two bedroom flat situated in Newmarket currently let on a AST producing £9,600p/a

A great investment opportunity perfect for a buy to let. This leasehold two bedroom first floor flat is in good decorative order throughout and is currently let on AST producing £9,600pa. Situated on the first floor of the building the flat offers two double bedrooms a modern kitchen and bathroom and benefits from an allocated parking space. Located in the centre of the High Street convenient for all local amenities. Newmarket is known for its famous horse racing track and the picturesque High Street. The town has a variety of amenities, great location for those wanting links via train to London and fine city of Cambridge, both commuting distance away.

Tenure

Leasehold

Communal Hall

Communal hall with stairs to first floor

Flat

Hall, lounge, kitchen, two bedrooms, bathroom

Outside

One allocated and numbered parking space

Lease Details

Term - 99 yrs from 25th March 1985 (63 years remaining) Service Charge - £996 pa Ground Rent - £115 pa

Viewing

Individual viewings can be arranged - the next are Thursday 3 June - APPOINTMENT ESSENTIAL - please call to arrange the next available slot on the appropriate viewing day

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

Suffolk County Council

Solicitors

Norton Legal, Unit 8 Beech Avenue, Taverham, Norwich, NR8 6HW, Ref: Tracy Guest, Tel: (01603) 864331

Additional Fees

Buyer's Premium - £960 inc VAT payable on exchange of contracts.

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.