Purpose built one bedroom flat let producing £7,200 pa with off road parking space

This purpose built top floor one bedroom flat extends to around 44 sq/m, has a modern kitchen and bathroom and is in good decorative order. The property is double glazed and has gas central heating. It is let to an established tenant on a periodic assured shorthold tenancy agreement dated 19th September 2018 at a current rent of £600 pcm. It is located is located around a mile east 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. 125 years from 24th June 1988

Description

Entrance hall, bedroom, sitting room, kitchen, bathroom

Lease details

Term: 125 years from 24 June 1988 (88 years remaining) Annual Service Charge: £909.00 Service Charge Review Period: Please refer to legal pack Annual Ground Rent: £75.00 Ground Rent 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.