For Sale By Auction | 11:00, 11 September 2024 | Lot 125

1 Cerdic Place, Marine Parade, Great Yarmouth, Norfolk NR30 2HD

Sold £70,000

  • Terraced House
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 11/09/2024

Auction Time

11:00

Auction Venue

Livestream Auction

2 two bedroom flats near sea front, let to established tenants, current rent £11,880pa 

A town house located just off the sea front currently arranged as a ground and first floor apartment, each with two bedrooms and self contained amenities. The tenants have been in occupation for many years and currently pay rents of £390 pcm (Ground Floor) and £600 pcm (First Floor), the combined rental income is £11,880 pa, tenants are responsible for their own utilities. This is a highly productive investment close to the town centre and beach. 

Tenure

Freehold

Ground Floor

Flat 1a: Lounge, kitchen, two bedrooms, bathroom, small enclosed courtyard.

First Floor

Flat 1: Landing, lounge, kitchen, two bedrooms, bathroom.

Council Tax Band

A

Viewings

Viewings are in conjunction with the tenants and the next are on Wednesday 4 September. To book a time slot please call the Norwich office.

Energy Efficiency Rating (EPC)

Current Rating F

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Great Yarmouth Borough Council

Solicitors

Lucas and Wyllys (Great Yarmouth), Ref: Julie Garrod, Tel: 01493 855555

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

Buyer's Premium - £480 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 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.