End terraced property converted into two flats in need of some modernisation currently let producing £9,100pa

This Victorian end terraced property was divided approximately 30 years ago into a one bed ground floor flat and a one bedroom first floor flat. Both flats are currently tenanted and producing £9,100 pa (with scope for this to be reviewed). The property is in need of some modernisation and the garden requires some maintenance. Both tenants have expressed they would like to remain at the property, so the purchaser would have a ready made investment. Both flats have their own kitchen and bathroom and the ground floor has access to the bisected rear garden.

Tenure

Freehold

Ground Floor Flat

Entrance porch, hall with stairs to first floor flat, lounge, kitchen, shower room and bedroom. Access to rear garden via the kitchen. Tenant been residing for 10 years and currently paying £340 every four weeks.

First Floor Flat

Landing, bedroom, lounge, kitchen, bathroom

Outside

Enclosed front garden leading to front entrance. Access leads to the rear bisected garden with courtyard area leading to a generous rear garden in need of attention.

Council Tax Band

A

Energy Efficiency Rating (EPC)

Current Rating 37a - e, 37b - D

Services

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

Local Authority

Broadland District Council

Solicitors

Goodwin Cowley, Ref: Lynda Marriott, Tel: 01502 532700

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 £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.