1 bed Flat For Sale £50,000
For sale by auction on Wednesday, 14 Sep 2022 at 11:00
Venue: Livestream Auction
A first floor studio apartment with parking in a popular village location.
This first floor studio apartment provides a first class investment opportunity and is presented 'ready to go' for immediate tenant or owner occupation.
The property is situated in a quiet cul-de-sac just a couple of miles from Felixstowe and offers a fitted kitchen, separate bedroom area, double glazing, a large loft space for storage, good size communal gardens and an allocated parking space.
With a potential annual yield of around £5,400 we believe this would be an excellent addition to any rental portfolio.
Council Tax Band
A
Lease Details
Term: 105 years from 1983 (66 years remaining)
Annual ground rent amount: £71.00
Ground rent review period: Please refer to Legal Pack
Annual service charge amount: £1,692.70
Service charge review period: Please refer to Legal Pack
Viewing
Open viewings have been scheduled for Fri 26th Aug, Tues 6th & Fri 9th Sept.
Booking an appointment is essential.
Please contact our Ipswich office to be allocated the next available slot on your preferred day.
EPC Rating: E
Additional Fees
Buyers Premium: £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 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.
Venue: Livestream Auction
A first floor studio apartment with parking in a popular village location.
This first floor studio apartment provides a first class investment opportunity and is presented 'ready to go' for immediate tenant or owner occupation.
The property is situated in a quiet cul-de-sac just a couple of miles from Felixstowe and offers a fitted kitchen, separate bedroom area, double glazing, a large loft space for storage, good size communal gardens and an allocated parking space.
With a potential annual yield of around £5,400 we believe this would be an excellent addition to any rental portfolio.
Council Tax Band
A
Lease Details
Term: 105 years from 1983 (66 years remaining)
Annual ground rent amount: £71.00
Ground rent review period: Please refer to Legal Pack
Annual service charge amount: £1,692.70
Service charge review period: Please refer to Legal Pack
Viewing
Open viewings have been scheduled for Fri 26th Aug, Tues 6th & Fri 9th Sept.
Booking an appointment is essential.
Please contact our Ipswich office to be allocated the next available slot on your preferred day.
EPC Rating: E
Additional Fees
Buyers Premium: £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 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.
