** SOLD AT AUCTION - £60,000** Tenanted investment - 1 bedroom, 2nd floor apartment requiring some improvements. With secured entry system plus under croft allocated parking space and lift access. Located within the town centre. Leasehold, with approximately 101 years remaining with current rent payable £9,600 p.a. Ideal investment opportunity.
ACCOMMODATION
SECOND FLOOR Hallway: Kitchen area: 9 ft 4 in x 4 ft 3 in Lounge area: 14 ft 8 in x 12 ft 3 in Bedroom: 10 ft 7 in x 9 ft 7 in Bathroom:
OUTSIDE
Parking: Allocated space.
SERVICES
Mains 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 - C
TENURE
Leasehold subject to tenancy. Term: 125 years commencing 24/06/2000 Ground rent: £300 p.a. Service charge: £1,800 p.a. Service charge period: Please see legal pack.
TENANCY
Assured Shorthold Tenancy Term: 12 months 01/12/2023 Rent payable: £800 p.c.m.
ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT) Buyer's Premium: £600 (£500 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.