1 bed Flat For Sale, Flat 2, 6 St. Peters Road, Great Yarmouth, Norfolk NR30

Description

For sale by auction on Wednesday, 08 Dec 2021 at 11:00

Venue: Livestream Auction

One bedroom first floor flat let on an AST with a rent of £400 per month £4800 per annum

This first floor one bedroom apartment has been let for many years to the current tenant who pays a rent of £400 per calendar month. The property which is central to the town is also within walking distance of the sea front and Market Place.

The property consists of a lounge/ kitchen, double bedroom and bathroom. We understand the property is in a good decorative order although on going to print the flat has not been inspected by a member of the Auction House staff.

This is an excellent property to add to an investment portfolio as it gives a double digit return on the current guide price.

Accommodation
Entrance lobby, lounge/kitchen, double bedroom, bathroom.

Lease details
Term: 999 year lease commencing 2006

Ground Rent: Peppercorn

Service Charge: 5% of maintenance costs.

EPC Rating: F

Additional Fees
Buyers Premium: £420 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.

Follow the link for more information:

        
zoopla.co.uk

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1 bed Flat For Sale £40,000 Flat 2, 6 St. Peters Road, Great Yarmouth, Norfolk NR30

1 bed Flat For Sale £40,000
Flat 2, 6 St. Peters Road, Great Yarmouth, Norfolk NR30