A recently converted ground floor studio with parking and let at £5400 per annum.
Tucked away in the heart of this historic village is this ground floor studio apartment which was converted from a garage within the last year under Planning Application No. B/16/00799 with Babergh District Council. It’s fair to say that this is probably the most compact residential property in the vicinity but it’s offered for sale with its own parking space and on a new 999 year lease. The property has been let on a 12 month AST which expires in July 2018 and with a rent of £450 per calendar month, offers an excellent 9% annual return based on the low Guide Price. An investment not to be missed.
Tenure
Leasehold
Viewing
Open days
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Babergh District Council. Tel: 01473 826622
Solicitors
Birketts Solicitors, Brierly Place, New London Road, Chelmsford, Essex CM2 0AP, Ref: Amanda Early, Tel: 01245 211323
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% including VAT subject to a minimum of £840.00 including VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.