The leasehold titles for this block of 7 apartments is offered for sale via traditional auction. The block comprises of 3 x 2 bedroom apartments and 4 x 1 bedroom apartments. For people with a longer turn plan, there may be an angle to look to purchase the freehold of the building, however buyers are advised to do there own research in this regard. All 7 apartments are currently occupied generating a gross rental income of £58,680 per annum making this a great addition to a rental portfolio. The block is situated in a sought-after location, this property offers easy access to local amenities, schools, and transport links. Leasehold information: Lease Length - 999 Yeaars from 24th October 2003 - For each individual apartment Ground rent & Service Charge - £205.32 Per Annum - For each individual apartment Please note Auction House was unable to inspect apartments 1 & 4. It was also noticed that flat 3, on the first floor, had noticable sloping floors. Buyers are advised to do there own research in this regard.

Lower Ground Floor

1 x one bedroom apartment & 1 x 2 bedroom apartment.

Ground Floor

1 x one bedroom apartment (not inspected) & 1 x two bedroom apartment.

First Floor

2 x one bedroom apartment (not inspected).

Second Floor

1 x 2 bedroom apartment.

Additional Information

Council Tax

Band A.

EPC

Ratings - D,D,C,C,C,C,C.

Tenure

Leasehold.

Disclaimer

Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.

Charges & Payments

In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT. Buyer’s Premium: £1,200 inc VAT.

Additional Fees

Administration Charge - See above

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.