For Sale By Auction | 12:00 pm, 27 May 2016 | Lot 52

The Swan, Gayton Road, King's Lynn, Norfolk, PE30 4EA

Sold £630,000

  • Block of Apartments
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 01733 889833 for more information

Auction Date

Fri 27/05/2016

Auction Time

12:00 pm

Auction Venue

Dukes Head Hotel, 5-6 Tuesday Market Place, King's Lynn, PE30 1JS

Viewing Times:

Thu 5 May

05:30 pm - 06:00 pm

Fri 13 May

04:30 pm - 05:00 pm

Sat 21 May

11:00 am - 11:30 am

Valuable freehold residential investment producing £44,800pa

Valuable freehold residential investment producing £44,800pa A substantial two storey building which has been expertly converted and extended to provide eight individual letting units. There is a two bedroom town house, six two bedroom flats and a studio flat. Each property is fully self-contained, has its own parking facilities and gas fired central heating. This valuable investment currently produces £44,800pa and is an excellent opportunity to acquire a productive and secure income stream. King's Lynn provides numerous shopping facilities and the A47 trunk road provides access into Norwich and Peterborough. There is also a mainline rail service linking into Cambridge and London King's Cross.

Tenure

Freehold

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating C, D

Services

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

Local Authority

Borough Council of King's Lynn and West Norfolk. Tel: 01553 616200

Solicitors

Fraser Dawbarns, 21 Tuesday Market Place, King's Lynn, Norfolk PE30 1JW, Ref: Fraser Dawbarns - Colin Bailey, Tel: (01553) 666600

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.