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1 bedroom apartment for sale

Cromer Road, Sheringham

Removed £40,000

Property Description

Key features

  • For sale by auction
  • Assembly House, Norwich
  • Tuesday 28th June 2016 at 11am
  • One Bedroom Apartment
  • Currently let

Full description

Tenure: Freehold

FOR SALE BY AUCTION AT THE ASSEMBLY HOUSE, NORWICH ON TUESDAY 28TH JUNE 2016 AT 11AM. Guide £40,000 - £50,000*. Investment opportunity. One bedroom apartment on two levels. Currently let and producing £350pcm (£4,200pcm). Good decorative order throughout.

General: A one bedroom apartment with accommodation arranged over two floors located within the popular coastal town of Sheringham. The flat is in excellent decorative order throughout, mainly done by the current tenant who has been in residence for around 3 years and at the time of inspection expressed her wish to remain. The property produces £350 pcm (£4,200 pa) and in addition the tenant pays the landlord £52 pcm for electricity. 

Agent's Note: The length of the lease is around 62 years. Ground rent is £20 per annum and the maintenance charge was between £800 and £1,000 per annum in previous years. Location: Sheringham is a popular coastal town which is well thought of by holidaymakers and boasts a wide range of amenities and shopping facilities.

Directions: Head away from the town centre on the A149 in the direction of Hunstanton, proceed up the hill and Dormy House will be found on the left hand side just before the junction with Holt Road.

Energy Rating: The property has an energy rating of G.

Viewing: Please call our Holt office for viewing arrangements. Tel 01263 713143

Solicitors: Hansells (Attn Gemma Murrell), Canada House 4 Grammar School Road North Walsham NR28 9JH. Tel 01692 404351

*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures at which a property will sell and may change at any time prior to the auction. Each property will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which will be set within the quoted guide range or no more than 10% above a single figure guide. 

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
20 May 2016

Map & Street View

Disclaimer - Property reference 100005014467. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Brown & Co, Norwich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Brown & Co, Norwich on 01603 629871.


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