For Sale By Auction | 11:00, 28 July 2021 | Lot 17

Flat 2, 39 Milton Road East, Lowestoft, Suffolk, NR32 1NU

Sold After

  • Ground Flat
  • 1 Bedroom
  • Tenure: Leasehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 28/07/2021

Auction Time

11:00

Auction Venue

Livestream Auction

Spacious ground floor hall entrance bay fronted one bedroom flat

This vacant hall entrance flat is one of four within a converted period mid terrace property. It is mostly double glazed, has electric heating and has a large basement which is ideal for storage. Improvement works have started, however further works are required. When complete the open market rental value is around £500 pcm (£6,000 pa) giving a potential healthy yield. It is located close to the town centre near a range of services and amenities and would make an ideal purchase for an owner occupier or investor.

Tenure

Leasehold

Lower Ground Floor

Basement

Ground Floor

Communal entrance hall, entrance hall, sitting room, bedroom, dining room, kitchen, bathroom, utility area

Outside

Small front area, good sized communal rear garden mainly lawned.

Lease Details

125 years from 1987 (91 years remaining) Ground rent: £30 pa Service charge: around £450 pa

Viewings

Individual appointments can be arranged - the next are on Monday 19 July - please call the Norwich office to book a slot on the next viewing day

Energy Efficiency Rating (EPC)

Current Rating F

Services

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

Local Authority

East Suffolk Council. Tel: 0333 016 2000

Solicitors

Norton Peskett, 66a Bells Road, Gorleston, Great Yarmouth, NR31 6AF, Ref: Millie Duffield, Tel: 01493 652204

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.