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Two bedroom second floor flat currently tenanted producing £775 pcm situated in the centre of Dereham.
This two bedroom first floor flat is situated in the centre of Dereham and would make an ideal turn key investment. Currently managed by a local agent and producing £9,300 pa this is a well maintained light and airy spacious flat. Offered for sale with 57 years remaining on the lease which can be extended, however would suit cash buyers only because of this. Some improvements to update the flat and extend the lease would improve the value. Accommodation comprises spacious communal entrance hall with phone entry system, entrance hall, generous sitting room which leads into open kitchen, two double bedrooms and bathroom. NB: The owner is also selling another vacant two bedroom flat on the first floor in the same block in this auction.
Tenure
Leasehold. 99 years from 24 June 1984
Lease details
99 years from 24 June 1984
Communal Entance
Spacious entrance with stairs to all floors, mail boxes and telecom entry
Accommodation
Entrance hall, generous sitting room, two bedrooms, kitchen and bathroom.
External
Carpark with allocated parking
Council Tax Band
A
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Solicitors
Spire Solicitors LLP (Norwich), Ref: Tracy Guest, Tel: 01603 886221
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 - £1140 inc VAT payable on exchange of contracts.
Administration Charge - £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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.