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SOLD STC

Market Place, Bungay

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

926 sq ft

86 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • First Floor Apartment
  • Large Sitting Room/Dining Room
  • Two Double Bedrooms
  • Bathroom
  • High Ceilings
  • Fitted Kitchen
  • Gas Central Heating
  • Communal Entrance
  • Lease Length 125 Years
  • Investment Opportunity

Description

We present an excellent opportunity to purchase a spacious first floor apartment within a listed Georgian building, located in the heart of the historic market town of Bungay with views across to the Butter Cross and of Bridge Street where you can access the river Waveney and the beautiful surrounding countryside. The apartment has been well maintained throughout and benefits from high ceilings, some of which have beams, a 22' sitting room with feature fireplace, two double bedrooms, a kitchen, bathroom and communal entrance. This would make an ideal starter home or a buy to let property.

Property Features:-

Spacious First Floor Apartment
Two Double Bedrooms
Kitchen
Bathroom
22ft Sitting Room/Dining Room
Communal Entrance
Within A Listed Georgian Building
125 Year Lease (109 Years Remaining)
Investment Opportunity

The Property
On entering the building through the communal entrance door, there is a shared entrance hall with intercom system. A flight of wide stairs lead to a private door into the apartment. A hallway leads to a rather grand sitting room and comprises a feature fireplace with marble surround and mantle, a very large storage cupboard, high ceilings, a ceiling fan, and large sash windows that overlook the Butter Cross. All the windows are secondary glazed.

Located to the rear of the property you will find the kitchen having a worktop with inset stainless steel sink and drainer with recess under with space and plumbing for a washing machine and dishwasher, a further worktop with a four ring gas hob, cupboards and drawers beneath and an adjoining tall cupboard housing a double oven and grill.
In addition there are matching wall cupboards, tiled splashbacks, laminate flooring, a wall mounted gas fired boiler for central heating and domestic hot water. There is a small window with a stunning view of Bridge Street and all the colourful houses and a further secondary glazed sash window.

Leading off the hall you will find two separate double bedrooms.

The bathroom comprises a white suite with panelled bath and shower over, a low level W.C, a wash basin with built in cupboard and sash window'


External
Outside the property is accessed from Bridge Street through black wrought iron gates where you will then find an external staircase to the left.

Agents note: If you were to purchase the property as a buy to let, you would expect to achieve £750 PCM which would give a potential yield of 6.92%.

Additional Information:

Local Authority : East Suffolk

Council Tax Band: A

Services: Gas fired for hot water and central heating, mains drainage, electricity and water connected.

Viewings: By Appointment Only

Post Code: NR35 1EG

EPC Rating: D

Tenure: Leasehold - 125 Years Remaining from .....
Insurance Approx. £700 per Annum.
Ground Rent £200 per Annum

Whilst every care has been taken to prepare these particulars, they are for guidance purposes only. All measurements are approximate and are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to re-check measurements.

 

Brochures

Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Market Place, Bungay

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About templewicks, Beccles

Station Road, Beccles, NR34 9QH
Industry affiliations:

Templewicks are an established, independent Estate Agents based in the market town of Beccles which lies 10 miles from Lowestoft and 20 miles from Norwich.

Covering the Waveney Valley, South Norfolk and North Suffolk we offer professional Sales, Lettings and Management Services tailor made to any individual client`s requirements.

Overseen by managing director, Jon Wicks, who has been in the local industry for 30 years and whose accolades including serving as Norfolk & Suffolk representative for The Association of Residential Letting Agents (ARLA) and joint founder of the Waveney Landlord`s Association (now part of Eastern Landlord`s Association).

We are extremely proud of our reputation and through our knowledge, experience and professionalism we strive to achieve our goals??

We are what we repeatedly do,

Excellence therefore is not an act but a habit

Aristotle, Greek philosopher,(384BC - 322BC)

The firm has always been at the forefront and particularly strong and respected in the local lettings market and provide a high quality professional service whilst specialising in residential property purchases for the investment market.

Our dedicated team are on hand to advise on all aspects of residential letting, from locating suitable property to purchase, consultation on initial property refurbishment where and when required right through to sourcing suitable tenants and then onto ongoing management.

Our aim is to ensure that all eventualities are covered before a Tenant commences occupation whereby minimising the risk of any problems occurring throughout the Tenancy,

Being specialists in the field of "Buy to Let for Investment" we are extremely experienced in sourcing and securing suitable investment properties on behalf of clients. In essence, we know what to buy to obtain the best returns on capital investment but perhaps more importantly we know what not to buy!

First Class Personal Service in Selling Residential Property

Unique "Shadow" sales service

Residential Letting & Management

Investment Purchase Advisors

Property Acquisition Service

Specialist Property Management and Advisors for more than a quarter of a century

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Disclaimer - Property reference 103589001707. 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 templewicks, Beccles. 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.

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