High yielding one bedroom flat let producing £625 pcm (£7,500 pa) with off road parking

Located close to the heart of the town centre this former coach house and stables was converted last year into a one bedroom ground floor flat. The remainder of the building, which was a former coaching inn, has already been converted into residential living accommodation and this property sits well with the other units within the building. The flat is let on a new 12 month Assured Shorthold Tenancy dated 28th April at £625 pcm (£7,500 pa) giving a healthy yield. The property itself boasts open living with a bright kitchen/lounge/diner, is double glazed and has electric heating.

Tenure

Leasehold

Accommodation (38.41 sq/m)

Generous double bedroom with fitted wardrobe, modern kitchen, open plan kitchen / lounge / diner with fitted appliances, contempoary shower room

Outside

The off road parking is offered at the front of the property among the communal paved car park, with the paved footpath leading you to the front door if the property.

Location

Watton is an attractive market town with a comprehensive range of shops, schools and other amenities.

Lease

122 years from 26th March 2021 (121 years remaining) Ground rent £100 pa Service charge £500 pa

Viewings

Individual viewings have been arranged in conjunction with the tenant for Friday, 10th June. To book an appointment please call the Norwich office on 01603 505100

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

Breckland Council

Solicitors

Fosters, Ref: Sue Zavanaiu, Tel: 01603 620508

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a miniumum of £1200 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.