Call the team on 01603 505 100 for more information
Studio flat requiring modernisation Ideal investment opportunity
This three storey mid terrace property has been split into three self contained flats. This lot comprises a second floor studio flat that is conveniently located in the centre of the town. The flat requires improvement and would make an ideal investment purchase with an open market rental value of around £400 pcm (£4,800 pa). The flat is located in the heart of Lowestoft opposite the railway station and near the high street and other amenities.
Tenure
Leasehold. 999 years, £25 pa ground rent, no service charge
Ground Floor
Communal entrance hall with stairs to second floor
Second Floor
Kitchen, lounge bedroom, bathroom.
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
East Suffolk Council
Solicitors
Marsden Rawsthorn, Faraday Court, Faraday Drive, Fulwood, Preston, PR2 9NB, Ref: Kirsty Donlan, Tel: 01772 799600
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% inc VAT of the purchase price, subject to a minimum of £900 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.