1 bed Flat For Sale £120,000
For sale by auction on Wednesday, 07 Dec 2022 at 11:00
Venue: Livestream Auction
One-bedroom leasehold flat towards the centre of Bury St Edmunds. Delivering a 7.7% yield.
A first floor one bedroom flat located towards the centre of Bury St Edmunds. The property is well presented comprising an open plan kitchen/living room, bedroom, and separate shower room.
The property is presented vacant and local agents have valued the rental opportunity at £800pcm, delivering a yield of 7.7%.
A fantastic opportunity for an owner-occupier or as an investment as a buy to let.
First Floor
Open plan kitchen and living room, bedroom, shower room.
Leasehold Information
Term: 999 years from 1 January 2022
Annual ground rent amount: Peppercorn
Ground rent review period: 1st January each year
Annual service charge amount: See Legal Pack
Service charge review period: See Legal Pack
Council Tax Band
A
EPC Rating: D
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
One-bedroom leasehold flat towards the centre of Bury St Edmunds. Delivering a 7.7% yield.
A first floor one bedroom flat located towards the centre of Bury St Edmunds. The property is well presented comprising an open plan kitchen/living room, bedroom, and separate shower room.
The property is presented vacant and local agents have valued the rental opportunity at £800pcm, delivering a yield of 7.7%.
A fantastic opportunity for an owner-occupier or as an investment as a buy to let.
First Floor
Open plan kitchen and living room, bedroom, shower room.
Leasehold Information
Term: 999 years from 1 January 2022
Annual ground rent amount: Peppercorn
Ground rent review period: 1st January each year
Annual service charge amount: See Legal Pack
Service charge review period: See Legal Pack
Council Tax Band
A
EPC Rating: D
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.
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