For Sale By Auction | 11:00, 24 July 2024 | Lot 107

Flat 4, 1 Nettle Hill West, Great Yarmouth, Norfolk NR30 2DW

*Guide | £40,000 - £50,000 (plus fees)

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold. 999 years from 1st January 1987

Call the team on 01603 505 100 for more information

Auction Date

Wed 24/07/2024

Auction Time

11:00

Auction Venue

Livestream Auction

High yielding residential investment. Let first floor flat producing £6,300 pa

Of interest to cash buyers is this first floor one bedroom flat situated in a converted building of four flats. It is let on an assured shorthold tenancy at £525 pcm (£6,300 pa) giving a healthy yield. The property is in good decorative order and benefits from double glazing and electric heating. It is close to the town centre near a comprehensive range of services and amenities. An ideal buy to let investment. On instruction of an executor

Tenure

Leasehold. 999 years from 1st January 1987

Ground floor

Communal entrance hall

First floor

Communal landing, kitchen, sitting room, shower and wc, bedroom

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

Great Yarmouth Borough Council

Solicitors

Chamberlins (Great Yarmouth), Ref: Rebekah Leach, Tel: 01493857621

Offered in association with

Bycroft Residential

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 - £600 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.