3 bed Flat For Sale £100,000
For sale by auction on Wednesday, 07 Dec 2022 at 11:00
Venue: Livestream Auction
An ideal investment opportunity of two vacant first floor leasehold flats with a potential rental income once renovated of 14,700 pa
Flats 1 & 2 Eagle House are located in Great Whyte in the centre of the market town of Ramsey and could provide a great investment opportunity with a potential rental income once renovated of £1,225 pcm (£14,700 pa). Both flats are located on the first floor above two shops. Flat 1 is a two double bedroom apartment with lounge kitchen dining area utility room and a bathroom. Flat 2 is a one bedroom apartment with a double bedroom lounge/kitchen and a bathroom.
Ramsey is located between Huntingdon and Peterborough and offers shopping facilities with a main line rail link found at Huntingdon and Peterborough with links into London Kings Cross.
Flat 1
Hall, lounge, dining area, kitchen, utility, two double bedrooms, bathroom
Flat 2
Hall, lounge/kitchen, double bedroom, bathroom.
Leasehold Information
Term: 125 years from 1 January 2014 (approximately 117 years remaining)
Annual ground rent amount: £50.00
Ground rent review period: January 2064
Annual service charge amount: Nil
Service charge review period: Not Applicable
Council Tax Band
Flat 1 - B
Flat 2 - A
EPC Rating: Flat 1 = F, Flat 2 = G
Additional Fees
Buyers Premium: £600 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
An ideal investment opportunity of two vacant first floor leasehold flats with a potential rental income once renovated of 14,700 pa
Flats 1 & 2 Eagle House are located in Great Whyte in the centre of the market town of Ramsey and could provide a great investment opportunity with a potential rental income once renovated of £1,225 pcm (£14,700 pa). Both flats are located on the first floor above two shops. Flat 1 is a two double bedroom apartment with lounge kitchen dining area utility room and a bathroom. Flat 2 is a one bedroom apartment with a double bedroom lounge/kitchen and a bathroom.
Ramsey is located between Huntingdon and Peterborough and offers shopping facilities with a main line rail link found at Huntingdon and Peterborough with links into London Kings Cross.
Flat 1
Hall, lounge, dining area, kitchen, utility, two double bedrooms, bathroom
Flat 2
Hall, lounge/kitchen, double bedroom, bathroom.
Leasehold Information
Term: 125 years from 1 January 2014 (approximately 117 years remaining)
Annual ground rent amount: £50.00
Ground rent review period: January 2064
Annual service charge amount: Nil
Service charge review period: Not Applicable
Council Tax Band
Flat 1 - B
Flat 2 - A
EPC Rating: Flat 1 = F, Flat 2 = G
Additional Fees
Buyers Premium: £600 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.
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