One bed first floor apartment close to a variety of local amenities. The property is now in need of some renovation but will be of interest to buy to let landlords having previously rented for £525 per year meaning the property has the potential to achieve a gross rental yield of over 17% based on the guide price.
The property will be sold as seen with all contents, fixtures and fittings included.
Ground rent £200 per anum
Service charge £1500 per anum
Lease 83 years remaining
Accommodation
Ground Floor
Kitchen/living room, bedroom with ensuite..
Additional Information
Council Tax
Band A.
Tenure
Leasehold.
Disclaimer
Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change
Charges & Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.
Seraches £240 inc VAT
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
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.