Sold After
- Block of Apartments
- Tenure: Freehold
Call the team on 01603 505 100 for more information
Block of 6 one bedroom flats and a two bedroom bungalow all let and producing a gross income of £42,000 pa
A purpose built block of six, one bedroom flats and a two bedroom bungalow which were originally built in the 1960's but now to be sold as a single lot and all let on an assured short-hold basis each paying £500 per calendar month (Combined income £42,000 pa). There is a communal central boiler room for heating the cost of which is borne by the existing owner. The properties are in an attractive setting and offer a potential for a significant uplift in rental income under new ownership. North Pickenham is well located between Swaffham (5 miles), Dereham (11 miles) and Watton (7 miles).
Tenure
Freehold
The Flats
Three Ground and three First Floor Flats each with hall, double bedroom, lounge with kitchen area, wc and shower room.
The Bungalow
Lounge, kitchen, bathroom, kitchen, two bedrooms, store room.
Outside
Communal gardens, on street parking, The boiler/utility room is attached to the bungalow and contains the heating system which provides all properties with heating, the current cost is paid for by the landlord.
Note
The grassed areas to the front of the properties will be offered as two separate lots each with a guide price of £30,000 to £50,000.
Council Tax Band
A
Viewings
Open Viewings are arranged in conjunction with the tenants and these are on Thursday 2, Wednesday 8 and Thursday 16 March. To book an appointment on one of these days please call the Norwich office.
Energy Efficiency Rating (EPC)
Current Rating Flat 1 - E, Flats 2-6 - D, Bungalow - F
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
Ward Gethin Archer (Kings Lynn - Tuesday Market Place), Ref: Nicole Sparks, Tel: 01553 667279
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 - £900 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
