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ONLINE AUCTION from 16th MAY-18th MAY
An opportunity to acquire a tenanted ground floor flat and the freehold title of the whole building comprising three flats sold off on a long leaseholds with annual ground rents paid and service charge.
The flat benefits from UPVC double glazing and gas central heating (not tested) and has fitted kitchen and bathroom.
The block is situated in a well established residential location close to local amenities and shops and transport links.
|Flat 69||Entrance, Lounge, 2 bedrooms, bathroom, kitchen
Outside - rear yard
|Flat 69a||Leasehold 99 years from 19/04/2010||£50 p/a|
|Flat 70||Leasehold 99 years from 19/04/2010||£50 p/a|
|Flat 70a||Leasehold 99 years from 19/04/2010||£50 p/a|
|Total annual income £5,142|
|Each flat pays an interim service charge of £200.00 every April with the final service charge calculated in March|
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential, we have a Lettings Department that can help you. Please call us on 01633 746800 or email firstname.lastname@example.org for invaluable advice
Advised Freehold - to be verified by solicitor
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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