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A First Floor Two Bedroom Retirement Flat Subject to an Assured Shorthold Tenancy Producing £8,760 Per Annum
The property comprises a first floor two bedroom retirement flat situated within a purpose built block arranged over ground and two upper floors.
Tenure
Leasehold. The property is held on a 125 year lease from 29th September 1987 (thus approximately 88 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of The Glen are within easy reach. Transport links are provided by Honiton rail station.
Accommodation
First Floor Reception Room Kitchen Two Bedrooms Bathroom
Exterior
The property benefits from communal gardens.
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £730 per calendar month.
To be eligible as a resident you must be aged 60 or over. Please refer to the legal pack for more information on eligibility
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.
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
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.