Purpose built one bedroom flat let producing £6,840 pa

This purpose built top floor flat extends to around 46 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 a long established tenant on a periodic assured shorthold tenancy dated 1st November 2009 at a current rent of £570 pcm. It is located less than a mile north of the city centre and would make an ideal buy to let investment. First time to market in 24 years.

Tenure

Leasehold. 125 years from 22nd February 1993

Description

Entrance hall, bedroom, bathroom, kitchen, sitting room

Lease Details

Term: 125 years from 22 February 1993 (93 years remaining) Annual Service Charge: £200 Service Charge Review Period: Please refer to legal pack Annual Ground Rent: £10 Ground Rent Review Period: Please refer to legal pack

Council Tax Band

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

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.