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A Parcel of Two Self-Contained Lower Ground Floor Flats Comprising a Self-Contained Three Bedroom Flat and a Self-Contained One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £29,760 per annum. We have been advised that there is development potential at the rear to build five flats (subject to obtaining all relevant consents)
The property comprises a large lower ground three bedroom flat and a one bedroom lower ground floor flat situated within a detached building arranged over lower ground and three upper floors. Both flats are on one title.
Tenure
Leasehold. Both flats are on one title. There are approximately 159 years unexpired on the lease
Accommodation
Lower Ground Floor Flat 97A Reception Room Three Bedrooms Kitchen Two Bathrooms with WC & wash basin Flat 97B Reception Room Bedroom Kitchen Bathroom with WC & wash basin
Exterior
The flats benefit from a rear garden.
Tenancy
Flat 97B is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 10 May 2019 at a rent of £930 per calendar month. Flat 97A is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 26 July 2019 at a rent of £1550 per calendar month.
Current Rent Reserved
Current Rent Reserved £29,760 per annum
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
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 - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.