2 bed Flat For Sale, High Street, Newmarket CB8

Description

For sale by online auction on Tuesday, 06 Jul 2021 ending at 13:00

for sale by online auction bidding opens Monday 5th July at 1PM and closes on Tuesday 6th July from 1PM register to bid!

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 HallStairs to first floor

FlatEntrance hall, sitting room, kitchen, two double bedrooms, bathroom

OutsideOne parking space to the rear

Lease detailsLease: 125 years commenced 1998 102 years remaining

Ground Rent: £100 pa

Maintenance Charges: £100 pa

Additional Fees

Buyer's Premium: £960.00Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Viewings

Viewings are taking place on Sunday 27th June and Thursday 1st July - Contact Auction House East Anglia to arrange a time on Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £954 (£795 + 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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2 bed Flat For Sale £100,000 High Street, Newmarket CB8

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