Two bedroom second floor flat currently tenanted producing £775 pcm situated in the centre of Dereham.
Description
This two bedroom first floor flat is situated in the centre of Dereham and would make an ideal turn key investment. Currently managed by a local agent and producing £9,300 pa this is a well maintained light and airy spacious flat with allocated parking space.
Offered for sale with 57 years remaining on the lease which can be extended, however would suit cash buyers only because of this.
Some improvements to update the flat and extend the lease would improve the value.
Accommodation comprises spacious communal entrance hall with phone entry system, entrance hall, generous sitting room which leads into open kitchen, two double bedrooms and bathroom.
NB: The owner is also selling another vacant two bedroom flat on the first floor in the same block in this auction.
Lease details 99 years from 24 June 1984
Communal Entance Spacious entrance with stairs to all floors, mail boxes and telecom entry
Accommodation Entrance hall, generous sitting room, two bedrooms, kitchen and bathroom.
External Carpark with allocated parking
Council Tax Band A
Viewings
Viewings are being held strictly by appointment and in conjunction with the tenants
Please contact the Norwich Office to book an appointment.
Tenure: Leasehold
Lease Details: 99 years from 24 June 1984
EPC Rating: D
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.
Buyers Premium
£1140 inc VAT payable on exchange of contracts.
Administration Charge
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 01603 505 100 for more information
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