Flat
****Turn-key residential buy-to-let investment***
A well-located first floor, purpose-built flat offering an excellent opportunity for investors or future owner-occupiers.
The property is currently let at £19,068 per annum until August 2025, with a new tenancy commencing in September at the same rental amount. Prospective buyers are advised to inspect the legal pack for more information before placing their bid, as this will be binding.
The accommodation includes four well-proportioned bedrooms (sitting room used as a bedroom), a fitted kitchen and a bathroom with separate WC. Residents benefit from communal parking and well-maintained shared areas.
Situated close to Norwich City Centre and within easy reach of the University of East Anglia, this property is ideally positioned for both students and professionals. With good access to local amenities, transport links, and green spaces, this is a versatile offering in a popular location.
An ideal long-term investment or city-based home with future potential.
125 years from 10 October 1986. We are informed by the seller that the previous annual service charge was £375.77. There will be an additional £1,415.66 for a new door entry system (already installed) which will be included within the 2024/2025 service charges. Prospective buyers are advised to inspect the legal pack before placing their bid, as this will be binding.
Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
These sales details are awaiting vendor approval.
Leasehold. Subject to tenancy.
86
Permit
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
