2 bed Flat For Sale £70,000
To be sold via unconditional TIMED ONLINE AUCTION on Tuesday 18th June 2024
(Visit auctionhouse.co.uk/online).
BIDDING OPENS: 13:00 on Monday 17th June 2024
AUCTION ENDS: 13:00 on Tuesday 18th June 2024
GUIDE PRICE: £70,000 to £90,000
2 bedroom, second floor duplex apartment with gas central heating and double glazing. Potential to achieve circa 12% yield once let. Leasehold with 93 years remaining. Ideal investment opportunity.
ACCOMMODATION GROUND FLOOR (second floor of the building)
Hallway:
Kitchen: 10 ft 7 in x 10 ft 6 in
Lounge: 14 ft 11 in x 10 ft 5 in
Balcony:
FIRST FLOOR (third floor of the building)
Bedroom 1: 14 ft 10 in max x 10 ft 6 in
Bedroom 2: 10 ft 6 in 9 ft 8 in
Bathroom:
OUTSIDE Communal area and storage shed.
Parking: On street parking.
SERVICES Mains electricity, gas, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
EPC RATING - C
COUNCIL TAX BAND - A
TENURE Leasehold with vacant possession.
Term: 125 years from 24/08/1992
Ground rent: £10 p.a.
Ground rent review date: to be confirmed
Service charge: £83 p.c.m.
Service charge review date: October 2024
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
