An ideal investment opportunity of two vacant first floor leasehold flats with a potential rental income once renovated of 14,700 pa

Flats 1 & 2 Eagle House are located in Great Whyte in the centre of the market town of Ramsey and could provide a great investment opportunity with a potential rental income once renovated of £1,225 pcm (£14,700 pa). Both flats are located on the first floor above two shops. Flat 1 is a two double bedroom apartment with lounge kitchen dining area utility room and a bathroom. Flat 2 is a one bedroom apartment with a double bedroom lounge/kitchen and a bathroom. Ramsey is located between Huntingdon and Peterborough and offers shopping facilities with a main line rail link found at Huntingdon and Peterborough with links into London Kings Cross.

Tenure

Leasehold

Flat 1

Hall, lounge, dining area, kitchen, utility, two double bedrooms, bathroom

Flat 2

Hall, lounge/kitchen, double bedroom, bathroom.

Leasehold Information

Term: 125 years from 1 January 2014 (approximately 117 years remaining) Annual ground rent amount: £50.00 Ground rent review period: January 2064 Annual service charge amount: Nil Service charge review period: Not Applicable

Council Tax Band

Flat 1 - B Flat 2 - A

Energy Efficiency Rating (EPC)

Current Rating Flat 1 = F, Flat 2 = G

Services

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

Local Authority

Huntingdonshire District Council

Solicitors

Birketts (Ipswich), Ref: Louise Chew

Offered in association with

Thomas Morris (Ramsey)

Additional Fees

Buyer's Premium - £600 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.