FOR SALE BY LIVESTREAM AUCITON ON WEDNESDAY 22 OCTOBER AT 10AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITEA productive residential investment producing £22,200 paThis purpose built first floor apartment has been successfully let for a number of years and now generates a gross income of £22,500 pa. The lease has been recently extended to 15th November 2202.
The property is in a highly convenient location good for access to the city centre, the university and hospital with regular bus services and local shops available on Dereham Road which is a short walk away.Ground Floor Entrance lobby with staircase to first floor First Floor Landing, three independently let bedrooms, shared kitchen, bathroom Outside Garden area to rear, useful external store shed, on street parking Lease Details Term: Original lease 125 years from 16 November 1987 now extended by 90 years to 2202 (177 years remaining).
Annual ground rent: £10pa
Service charge: please refer to legal pack Council Tax Band ATenure: LeaseholdEPC Rating: CAdministration Fee: £1200 inc VAT payable on exchange of contracts.Buyer's Premium Fee: £600 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.
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