For Sale By Auction | 11:00, 08 May 2025

41A and 41B Norwich Street, Dereham, Norfolk NR19 1AD

*Guide | £110,000 - £130,000 (plus fees)

  • Block of Apartments
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Thu 08/05/2025

Auction Time

11:00

Auction Venue

Livestream Auction

Freehold residential investment comprising two let flats producing £12,000 pa

This freehold residential investment comprises of two let one bedroom flats. Flat 41a with the black door is a first floor flat producing £500 pcm (£6,000 pa) and 41b with the red door is a ground floor flat producing £500 pcm (£6,000 pa). Both flats have electric heating, double glazing and are in good decorative order. The flats are tucked away in the town centre down an alley way between no 41 hairdresser and no 43 chinese takeaway. This would make an ideal purchase for an investor looking for an attractive yield.

Tenure

Freehold

Flat 41a (around 361 sq/ft)

Ground floor: entrance hall First floor: kitchen / living area, bedroom with ensuite shower

Flat 41b (around 362 sq/ft)

Ground floor: Kitchen, living room, bedroom with ensuite bathroom

Council Tax Band

A

Viewings

Viewings are arranged in conjunction with the tenants. The next available are on Thursday 17 April. To book an appointment please call the Norwich office.

Energy Efficiency Rating (EPC)

Current Rating Please refer to Legal Pack

Services

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

Local Authority

Breckland Council

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 - £960 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.