1 bedroom flat
Key information
Features and description
- First floor one bedroom flat
- Let producing £481.01 pcm (£5,772.12 pa)
- Guide price: £50,000 to £70,000
- For sale by online livestream auction
- Unless previously sold or withdrawn prior
- 11:00am - Thursday, 08 May 2025
SOLD AT AUCTION - £57,000
First floor one bedroom flat let producing over £5,700 pa
This purpose built top floor flat extends to around 30 sq/m, has a modern kitchen and bathroom and is in good decorative order. The property is double glazed and has gas central heating. It is let to Norwich City Council at a current rent of £481.01 pcm (£5,772.12 pa)
It would be an ideal purchase for an investor and is located around two miles north of the city centre close to a range of services and amenities.
First time to market in 27 years.
Description Hallway, wc, kitchen, bathroom, bedroom, living room.
Lease Details Term: 125 years from 25th December 1970 (70 years remaining)
Annual Service Charge: £1,068.76
Service Charge Review Period: Please refer to legal pack
Annual Ground Rent: £15.00
Ground Rent Review Period: Please refer to legal pack
Council Tax Band A
Tenure: Leasehold
Lease Details: 125 years from 25th December 1970
EPC Rating: D
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £600 inc 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.
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