1 bed Flat For Sale, Flat 5, 14-20 Fore Street, Ipswich IP4

Description

For sale by auction on Wednesday, 08 Feb 2023 at 11:00

Venue: Livestream Auction

A second (top) floor flat with an established tenant

On the southern edge of the town centre towards the Waterfront is this residential investment opportunity.

The property offers one bedroom accommodation with an open plan living room/kitchen, a bathroom and is currently let on a rolling AST at a rent of £446.09 pcm (£5,353.08 pa) which is paid by the Local Authority.

Priced particularly competitively, this is an opportunity not to be missed.

Council Tax Band
A

Lease Details
Length of Lease: 199 years from 1987. 163 years remaining

Annual ground rent amount:£50.00

Ground rent review period (year/month)

Annual service charge amount: £3,353.00

Service charge review period (year/month)

viewing
Please note no internal viewings possible.

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.

Follow the link for more information:

        
zoopla.co.uk

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1 bed Flat For Sale £25,000 Flat 5, 14-20 Fore Street, Ipswich IP4

1 bed Flat For Sale £25,000
Flat 5, 14-20 Fore Street, Ipswich IP4