Studio Flat For Sale, Flat 2, 128 High Street, Newmarket CB8

Description

For sale by auction on Wednesday, 16 Jun 2021 at 11:00

Venue: Livestream Auction

Leasehold flat situated in the centre of Newmarket which has a small risk HMO licence

This two bedroom flat occupies a prominent position within the High Street and is centrally located for all amenities, including mainline rail links to London. Spacious accommodation offers two bedrooms, sitting room, kitchen and bathroom which is in need of some improvements. The flat has a small risk HMO licence and has recently been rented as three rooms providing an income of £1,455 pcm so would provide a good opportunity to any investment purchaser.

Newmarket is known for its famous horse racing track and the picturesque High Street. The town has a variety of amenities, great location for those wanting links via train to London and fine city of Cambridge, both commuting distance away.

Communal Hall
Stairs to first floor

Flat
Entrance hall, sitting room, kitchen, two double bedrooms, bathroom

Outside
One parking space to the rear

Lease details
Lease: 125 years commenced 1998 102 years remaining
Ground Rent: £100 pa
Maintenance Charges: £100 pa

EPC Rating: E

Additional Fees
Buyers Premium: £960 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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Studio Flat For Sale £100,000 Flat 2, 128 High Street, Newmarket CB8

Studio Flat For Sale £100,000
Flat 2, 128 High Street, Newmarket CB8