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Residential investment: 4 bedroom property let producing £21,240 pa
High yielding residential investment producing £21,240pa This period Victorian property dates from 1910 and was tastefully converted into a duplex apartment in 2008. It offers spacious and well present accommodation with four double bedrooms and has a blend of Victorian character and contemporary modern design. The property is fully furnished, including white goods, and benefits from high ceilings, sash windows, fully fitted kitchen and gas central heating. The property is let on four individual Assured Shorthold tenancies, inclusive of bills,. A great investment opportunity to buy a fully let property finished to a high standard and viewing is higly recommended.
Tenure
Leasehold. 125 years from 2015. Ground Rent £350pa. Service Charge £375pa.
Description
Lower Ground Floor
Bedroom 2, 3 and 4, bathroom.
Ground Floor
Open plan lounge/dining/kitchen, w.c., bedroom 1.
Outside
Patio area
Note 1
In addition to the administration charge, the purchaser will be required to pay a buyer's premium of £420 (£350+VAT) which is payable upon signing the contracts.
Note 2
The freehold of the property may be available by separate negotiation.
Viewing
Open days
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
Norwich City Council. Tel: 0344 980 3333
Solicitors
Philip Hook Solicitor, 67 Christchurch Road, Norwich NR2 3NG, Ref: Mr P Hook, Tel: 01603 717390
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
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ 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.