Withdrawn
- Apartment
- 1 Bedroom
- Tenure: Leasehold. New 999 year lease. Ground rent £50 per annum.
Call the team on 01473 558 888 for more information
A tenanted first floor maisonette producing a strong yield
Situated in the centre of this historic west Suffolk village is this well proportioned first floor maisonette with an allocated parking space. Long Melford offers a good range of amenities, lovely riverside walks and is located some 3 mile from the market town of Sudbury and 14 miles from Bury St Edmunds. The property offers 1 bedroom accommodation (could be reconfigured to provide 2) and is currently let on a new 12 month AST expiring in November 2018 at a rent of £626 per calendar month (£7,500 per annum). The existing tenants have been in situ for some 13 years. Offered for sale with a new 999 year lease and with a yield representing 7.5% at the low Guide Price, we believe this to be an excellent investment opportunity with considerable scope for capital appreciation.
Tenure
Leasehold. New 999 year lease. Ground rent £50 per annum.
Viewing
Open days
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Babergh District Council. Tel: 01473 826622
Solicitors
Birketts LLP, Brierly Place, New London Road, Chelmsford CM2 0AP, Ref: Beth Grieg, Tel: 01245 211211
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
Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
