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An improved ground floor one bedroom flat located in a purpose built block offering independent living for individuals of 60 years of age or over. The flat can be let providing the tenant is over 60 years of age.
This one bedroom flat is located on the ground floor and offers a hall, lounge with patio doors to the communal gardens, kitchen with hob and oven, bedroom and a shower room. The kitchen has been replaced by the current owners and new electrical heaters have been fitted. The flat can be let with a potential income of £1,000 per month providing the tenant is over 60. The complex offers a communal lounge and communal gardens. The block is located off Arbury Road in Cambridge. The city offers a main line rail link into London Kings Cross and Liverpool Street stations.
Tenure
Leasehold
Ground Floor
Hall, lounge, kitchen, bedroom and a bathroom
Outside
Communal gardens
Lease
The lease was assigned in 1985 and was 99 years, 62 years remaining.
Council Tax Band
B
Annual ground rent amount
£272.00
Annual service charge amount
£2,840.00
Note
In accordance with the Estate Agents Act of 1979 we should point out that the vendor is a connected person to Auction House East Anglia.
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
Cambridge City Council
Solicitors
Bindman, Ref: Les Brand
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
Buyer's Premium - £1050 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.