For Sale By Auction | 11:00, 04 May 2023 | Lot 29

29A Broad Row, Great Yarmouth, Norfolk NR30 1HT

Sold £42,000

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold

Call the team on 01603 505 100 for more information

Auction Date

Thu 04/05/2023

Auction Time

11:00

Auction Venue

Livestream Auction

First floor duplex flat currently tenanted to a long standing tenant of seven years producing an income of £4,800 pa

Situated in a retail area of Great Yarmouth this self contained duplex flat has it's own entrance and is arranged over two floors. The flat is currently let to a long standing tenant of seven years on an AST and is producing £4,800 pa with the potential to be increased. The flat is kept in immaculate order and offers entrance and stairs to first floor, kitchen, living room on the first floor, and stairs to second floor providing bedroom and separate bathroom.

Tenure

Leasehold

Ground floor

Entrance hall with stairs to first floor

First floor

Landing, kitchen, living room with stairs to second floor

Second floor

Landing, bedroom, bathroom

Lease details

179 years remaining of a 199 year lease expiring 2202

Ground Rent

£50 pa for first 100 years and £100 thereafter

Service Charge

n/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.

Local Authority

Great Yarmouth Borough Council

Solicitors

Norton Peskett (Great Yarmouth), Ref: Matthew Breeze, Tel: 01493 849225

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 - £960 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.