For Sale By Auction | 11:00, 01 May 2024 | Lot 65

4 Riverside Maltings, Diss, Norfolk IP22 4RA

*Guide | £80,000 - £100,000 (plus fees)

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold. 99 years from 25 December 1991

Call the team on 01603 505 100 for more information

Auction Date

Wed 01/05/2024

Auction Time

11:00

Auction Venue

Livestream Auction

Two bedroom flat which offers a short lease and in need of some updating, situated on the edge of the market town of Diss

This two bedroom flat is situated on the edge of the market town of Diss and is situated on a small housing development built in the late 1990's. The flat is being offered with a short lease and would therefore need to be purchased by CASH BUYERS ONLY. The lease can be extended and has been offered at approximately £10,000. Offering generous accommodation with two double bedrooms, an unusual south facing hexagon shaped sitting room nad a modern, high gloss red kitchen. Some improvements are needed but the flat offers a potential rental income of £800pcm once complete.

Tenure

Leasehold. 99 years from 25 December 1991

Communal Entrance

Entrance to flat

Accommodation

Open plan living area/kitchen, hall, two bedrooms, wet room

Exterior

Communal gardens

Lease Details

99 years from 25 December 1991 (approx 66 unexpired years) Ground Rent £50 pa Maintenance fee of approximately £600 pa

Council Tax Band

A

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

South Norfolk Council

Solicitors

Leathes Prior (The Close), Ref: Rachael Hughes, Tel: 01603 281004

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £960 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.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.