Sold for £72,500

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A spacious and well presented 2 bedroom first floor apartment (678 sq ft, source EPC) with an allocated parking bay, vacant.

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Description/Location

Forming part of a small, purpose built block with EWS1 certification and close to local amenities. The apartment benefits from a private entrance, double glazing and spacious rooms. The front door and hallway only service the apartment and the parking bay is adjacent to the front door. Ideal for occupation or investment. We estimate the current rental value is £600 pm / £7200 pa. The layout with 2 double bedrooms, sitting room and separate kitchen could support 3 sharers for an increased yield.

Tenure

Leasehold: 999 years from 01/01/1989, ground rent peppercorn.
Energy Rating: D

Local Authority

Cambridgeshire County Council

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Ground Floor: Private front door and entrance hall with stairs to first floor. First Floor: Front door to entrance hall, sitting room, kitchen / dining room, 2 double bedrooms, bathroom. Outside: Communal grounds, visitor parking, reserved parking bay.

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.