For Sale By Auction | 11:00, 11 December 2024 | Lot 92

20 Gregor Shanks Way, Watton, Thetford, Norfolk IP25 6FA

*Guide | £70,000 - £90,000 (plus fees)

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold. 125 years from 30th January 2007

Call the team on 01603 505 100 for more information

Auction Date

Wed 11/12/2024

Auction Time

11:00

Auction Venue

Livestream Auction

High yielding residential investment comprising a modern first floor flat producing £7,500 pa

This purpose built modern spacious first floor one bedroom flat is let on an assured shorthold tenancy at £625 pcm (£7,500 pa) giving a healthy yield. The property is in good decorative order and benefits from double glazing and electric heating. The block was built in 2007 and the flats are accessed via stairs to the rear above a pharmacy. It is close to the town centre near a comprehensive range of services and amenities. An ideal buy to let investment.

Tenure

Leasehold. 125 years from 30th January 2007

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

Breckland Council

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

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 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.