For Sale By Auction | 11:00, 08 December 2021 | Lot 12

1-3 Davey Yard, Davey Place, Watton, Norfolk, IP25 6AQ

Sold £206,000

  • Block of Apartments
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 08/12/2021

Auction Time

11:00

Auction Venue

Livestream Auction

High yielding residential investment producing nearly £19,000 pa Three let flats

This attractive period house was converted some years ago into three good size self-contained flats, two on the ground floor and one on the first floor. Currently all are let producing £18,780 pa. Each flat has Economy 7 electric storage heating and the current owners pay the water bill (one meter for all three flats). The property is not listed, however lies within a conservation area. The property is conveniently situated in a pleasant position in the middle of the busy market town, opposite the Town Hall and Museum and just a few steps from the High Street shops and amenities. This is an ideal opportunity for an investor looking for a high yielding investment.

Tenure

Freehold

Flat One let at £575 pcm including water

Ground floor: Entrance hall First floor: Landing, sitting room, kitchen, utility room, two bedrooms, bathroom

Flat Two let at £485 pcm including water

Ground floor: Entrance hall, living room, kitchen, bedroom, shower room

Flat Three let at £505 pcm including water

Ground floor: Entrance hall, kitchen, living room, shower room, bedroom Outside: covered yard

Viewings

Open days are being arranged and the next is Wednesday 1st December. Please call our Norwich office to book a viewing slot.

Energy Efficiency Rating (EPC)

Current Rating D

Services

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

Local Authority

Breckland Council. Tel: 01362 656870

Solicitors

Spire Solicitors LLP, The Pines, 50 Connaught Road, Attleborough, NR17 2BP, Ref: Carl Heywood, Tel: 01953 453143

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.