Second floor one bedroom flat let producing £7,200 pa with off road parking

This purpose built second floor flat extends to around 40 sq/m, has a modern kitchen and bathroom and is in good decorative order. The property is double glazed and is let to an established tenant on a periodic assured shorthold tenancy dated 13th January 2020 at a current rent of £600 pcm. It is located less than two miles north of the city centre and its good epc C rating makes it an ideal buy to let investment. First time to market in 27 years.

Tenure

Leasehold. 999 years from 1 st September 1982

Description

Hallway, bathroom, kitchen, living room, bedroom

Lease Information

Term: 999 years from 01 September 1982 (956 years remaining) Annual Ground Rent: £40.00 Ground Rent Review Period: Please refere to legal pack Annual Service Charge: £960.00 Service Charge Review Period: Please refer to legal pack

Council Tax Band

A

Energy Efficiency Rating (EPC)

Current Rating C

Services

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

Local Authority

Norwich City Council

Solicitors

Fosters (Wymondham), Ref: Sue Zavanaiu, Tel: 01953 607724

Additional Fees

Buyer's Premium - £600 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.