** SOLD PRIOR** Investment opportunity. Tenanted 1 bedroom flat, first floor. Leasehold with 89 years remaining. Benefiting from gas central heating, Current rent payable £7,500 p.a. Ideal investment.
ACCOMMODATION
FIRST FLOOR Entrance hall: Lounge: 15 ft 9 in x 9 ft Kitchen: 9 ft x 5 ft 10 in Bedroom: 12 ft 9 in x 10 ft 9 in Bathroom:
OUTSIDE
On street parking. Communal grassed area.
SERVICES
Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
EPC RATING - C
COUNCIL TAX BAND - A
TENANCY
Assured Shorthold Tenancy. Term: 6 months from 18/05/2023 (now rolling) Rent payable: £625 p.c.m.
TENURE
Leasehold subject to tenancy. Term: 125 years commencing 15/05/1989 Ground rent: £10 p.a. Ground rent review date: to be confirmed. Service charge: £624 p.a. Service charge period: October 2022 to September 2023
ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT) Please see the legal pack for any further costs.
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 - these fees are included in the above sales particulars.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.