Key information

Tenure: Leasehold | 151 yrs left

Ground rent: £50 per annum | review period: unconfirmed

Service charge: £1,500 per annum

Council tax: Band A

Mobile signal:

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Features and description

Great Yield of around 12% (based on Guide Price)
Let and producing £9,600 PA
First Floor Flat - Double Bedroom
Long lease in a convenient Location in North Shoebury
Guide price: £80,000
For sale by livestream auction
Unless previously sold or withdrawn prior
10:00am, Wednesday 10th December 2025

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 10TH DECEMBER 2025

TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

A first floor flat with allocated parking space - currently tenanted producing £9,600 pa

A decent sized first floor flat with double bedroom lounge/kitchen area and bathroom/WC. The flat is let on an Assured Shorthold Tenancy at a rent of £800pcm and is currently on a monthly rolling tenancy. The flat is held on a renewed Lease with 151 years remaining. The Ground Rent is £50PA and the Service Charge payable is around £1500 PA.
The flat benefits from Electric Heating and double glazed windows.
The flat benefits from an allocated Car Parking Space in the communal car park.

Ground Floor Communal entrance door, lobby, hall and stairs leading to
First Floor Communal Landing
Personal Entrance Door to
Entrance Hall: 9'2" x 5'6" (MAX)
Lounge/Kitchen
Lounge Area: 16'9" x 13'7"
Kitchen area: 7'9" x 7'6"
Bedroom: 13'10" x 11'8"
Bathroom/WC: 6'4" x 6'
Outside Allocated Car Parking space in communal car park
Leasehold Information Term: From 6 August 2019 to and including 29 September 2177 (151 years remaining)
Annual ground rent amount: £50
Ground rent review period: Please refer to Legal Pack
Annual service charge amount: £1,500
Service charge review period: Please refer to Legal Pack
Council Tax Band A

Tenure: Leasehold

EPC Rating: E

Administration Fee: £720 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £720 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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About this agent

Auction House - East Anglia

The Barn, Newmarket Road Cringleford Norwich, Norfolk NR4 6UE

01603 398879

Full profile Property listings

The Auction House team have been holding auctions in East Anglia for over fifteen years. We originally operated under the Tops name, then as Tops Auction House. We have been the Eastern Region’s leading Land and Property auctioneers since 2002 and are highly respected in the area. Sale numbers have grown over the period to over 400 properties per year with success rates averaging out at well over 80% since 2004. Auction House East Anglia draws entries for its auction room in Norwich from a wide geographical area and is supported by a number of market and coastal town Introducer Agents who provide entries and assist with viewings. Auction House East Anglia operates from offices in Norwich (servicing Norfolk), King's Lynn (servicing NW Norfolk and parts of Cambridgeshire), Peterborough (servicing Cambridgeshire) and Ipswich (servicing Suffolk and North Essex) and sells a wide variety of property types covering the residential, land, commercial, investment and agricultural sectors. Many are vacant for improvement, others tenanted or for development. We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. Auction House East Anglia was the model Licensee and provided the template for others to follow. It continues to be one of the most successful operators in the UK and is the ‘first choice’ regional auctioneer across the counties of Norfolk, Suffolk, Cambridgeshire and North Essex.

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1 bedroom flat for sale

Key information

Features and description

About this agent

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