1 bed Flat For Sale £92,500
Warren Avenue, Fakenham, Norfolk, NR21
previous price £99,950

Full description

INVESTMENT OPPORTUNITY
For Sale, (as Let),
Offers around £100,000
Leasehold
Presently let on an Assured Shorthold Tenancy Agreement, generating an annual income of £3,600
Modern, purpose built, First Floor Flat with electrically heated accommodation, located in a popular development, 1 mile from the Town Centre.

Ground Floor: Entrance Hall with stairs to;
First Floor: Landing, Sitting room, Kitchen, Bedroom and Bathroom.
Outside: Car Parking Space and adopted Garden.

Ground Floor:
Entrance Hall with staircase to;
First Floor:
Landing: Airing cupboard with electric heater bar and fitted shelving. Night storage heater. Hatch to roof space. Coved and artexed ceiling.
Sitting room: 15'2" x 10'0", (4.6m x 3.1m).
Night storage heater. TV point. Coved and artexed ceiling.
Kitchen: 10'0" x 8'6", (3.1m x 2.6m) + door recess.
Stainless steel sink unit with electric water heater over, set in fitted work surface with tiled surround and drawers, cupboards, appliance space and plumbing for washing machine under. Built-in "Creda" 4 ring electric hob unit with oven under and recirculating hood over. Matching range of wall mounted cupboard units. Fitted shelf. Night storage heater. Telephone point. Roller blind. Coved and artexed ceiling.
Bedroom: 12'0" x 9'0", (3.7m x 2.7m).
Night storage heater. Coved and artexed ceiling.
Half tiled Bathroom:
Coloured suite of panelled bath with "Mira" shower fitting over. Pedestal hand basin. Low level WC. "Dimplex" wall fitted electric convector heater. Extractor fan. Coved and artexed ceiling.
Outside: To the front of the property is a lawned Garden, with flower border which has been adopted and maintained by the tenant.
A shared gravelled drive to the side of the property leads to an understairs Store, and an allocated car parking space.
Services:
Mains water, electricity and drainage are connected to the property.
District Authority:
North Norfolk District Council, Cromer. Tel: (01263) 513811.
Tax Band: "A".
Tenure:
The property is for sale Leasehold on a 999 year lease which commenced in 1988. There is no Service Charge payable at present, (although the lease does provide for a charge in the future). Ground Rent; £50 pa.
EPC: TBA.
The Property:
is presently let on an Assured Shorthold Tenancy Agreement. The tenant is currently paying a rental of £300 pcm (£3,600 pa). The rent can be increased at the Landlord's discretion, subject to the required notice being given to the tenant.
Directions: From the Town Centre, take Norwich Road, and at 1 mile turn right into Warren Avenue. The property is on the left, just before the turning to Bracken Close, as marked by a for sale board.
Location: Fakenham is a Market Town standing on the River Wensum in the heart of North Norfolk. The picturesque Coast with its fine sandy beaches, pinewoods, marshes, and sailing harbours is 10 miles distant, Kings Lynn is 22 miles distant and the fine City of Norwich, 25 miles. The Town has a wide range of shopping, educational and sporting facilities, including a National Hunt racecourse, and was once voted by the readers of "Country Life" magazine as the seventh best Town in Britain in which to live.