Call the team on 01603 505 100 for more information
A productive residential investment producing £22,200 pa
This purpose built first floor apartment has been successfully let for a number of years and now generates a gross income of £22,500 pa. The property is in a highly convenient location good for access to the city centre, the university and hospital with regular bus services and local shops available on Dereham Road which is a short walk away.
Tenure
Leasehold.
Ground Floor
Entrance lobby with staircase to first floor
First Floor
Landing, three bedrooms, kitchen, bathroom
Outside
Garden area to rear, useful external store shed, on street parking
Lease Details
Term: 125 years from 16 November 1987 (88 years remaining) Annual ground rent: £10pa Service charge: please refer to legal pack
Council Tax Band
A
Notes
Please note, the internal pictures were taken 5 years ago.
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
Norwich City Council
Solicitors
Cozens-Hardy LLP, Ref: Charlotte Hunter, Tel: 01603 625231
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 - £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.