Call the team on 01603 505 100 for more information
High yielding residential investment producing £28, 920 pa Four let self contained flats
This three storey mid terrace property known as Clinton House is arranged as four self contained residential units. Currently all are let producing £28,920 pa. Flat 1 is a ground floor studio at the front let at £500 pcm (£6,000 pa). Flat 2 is a ground floor studio at the rear let at £565 pcm (£6,780 pa). Flat 3 is a first floor studio let at £525 pcm (£6,300 pa) Flat 4 is a first and second floor two bedroom maisonette let at £820 pcm (£9,840 pa). Each flat has its own gas, water and electric meter and council tax banding. This is an ideal opportunity for an investor looking for a high yielding investment. On instruction of executors.
Tenure
Freehold
Ground floor
Communal entrance hall Flat 1: Entrance hall, bedroom, shower room with wc, kitchen (EPC D) Flat 2: To be confirmed (EPC D)
First floor
Flat 3: Entrance hall, bedroom / sitting room, bathroom, kitchen (EPC C) Flat 4: Entrance hall, kitchen / dining room, shower room with wc, study (EPC D)
Second floor
Flat 4: Landing, two bedrooms
Outside
Front and rear shared yard. The front yard may offer the potential for an off road parking space subject to any necessary consents being obtained.
Council Tax Band
A
Energy Efficiency Rating (EPC)
Current Rating D,D,C,D
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
Hansells (Norwich), Ref: Gemma Murrell, Tel: 01603 753464
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 - £960 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.