A second floor apartment in Victorian period former Co-Op Bakery presenting a very attractive residential investment opportunity

With accommodation comprising two double bedrooms, bathroom and open plan lounge/kitchen/dining area, the property has the further benefit of gated off road parking, gas fired central heating and PVCu double glazing. Previously let at a rent passing of £550 per calendar month and offered on a 999 year lease commencing 2008.

Tenure

Leasehold

Accommodation

Entrance hall, kitchen/lounge/diner, bedroom one, bedroom two and bathroom

Services

Main drainage, gas, water and electricity are connected. Central heating is through radiators from a gas fired boiler which also provides the domestic hot water. (None of these services has been tested).

Terms of the Lease

We believe the property has a 999 year lease commencing 2008. The current service charge is £114 per calendar month and a ground rent of £175 per annum (paid up to 2017)

Agent's Note

This property has a Completion Certificate, unlike similar properties in the building. The current vendor has paid £1,500 towards a £4,500 charge, which will repair the electric gates with entry phone system, install a new fire alarm system throughout and install a completely new CCTV system for added security. The remaining balance of £3,000 is to be paid by the new owner and can be paid over two instalments, one payment when work commences with the final payment upon completion.

Energy Efficiency Rating (EPC)

Current Rating C

Services

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

Local Authority

Kettering Borough Council

Solicitors

Chadwick Lawrence LLP, 13 Railway Street, Huddersfield, West Yorkshire HD1 1JS, Ref: Sally Ann Masih, Tel: 01484 519999

Additional Fees

Administration Charge - Please see above details

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