A prime residential investment comprising a spacious 2 bedroom flat in an attractive Grade II Listed building

Situated in the heart of Halesworth just 9 miles from the coastal town of Southwold is this good size 2 bedroom first floor flat with its own courtyard garden and forming part of a historic Grade II Listed building known as The Guildhall. The property, which would benefit from some improvement, is currently let on and AST which expires in May 2017 and at a rent of £400 pcm. It is our understanding that the tenant isn’t looking to renew and, following improvements, we believe the rent could be increased to £500/£525 pcm. The first floor accommodation extends to approximately 680 sq ft and it may be possible to extend into the 3 loft rooms above which are currently accessed through a hatch. Offered for sale on a new 999 year lease with a peppercorn rent, we believe this particularly competitively priced Lot will spark a good deal of interest.

Tenure

Leasehold

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating N/a

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Waveney District Council. Tel: 01502 562111

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ 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.