Property for Auction in Bedfordshire and Buckinghamshire - 7 North Ninth Street, Milton Keynes, Buckinghamshire

** IDEAL INVESTMENT ** CENTRAL MILTON KEYNES LOCATION, LONG LEASE, HIGH RENTAL DEMAND WITH EXCEPTIONAL YIELDS POSSIBLE ** GROUND FLOOR STUDIO FLAT WITH RESIDENT PARKING, LOCATED CLOSE TO AMENITIES INCLUDING SHOPPING CENTRES. This ideal investment property is located in a fantastic position within easy reach of the wide variety of local amenities available including the Central Milton Keynes shopping centres. Features a unexpired lease term of 119 years and just £10 a year ground rent. Inside there is 376sq ft of space with a good size studio room, separate kitchen and shower room. There is also resident permit parking available right in front of the building. In need of improvement, but with an estimated annual rental income of over £10,000, it offers an exceptional return and would be an ideal addition to any rental portfolio.

ACCOMODATION

COMMUNAL ENTRANCE

ENTRANCE HALL

KITCHEN 6'10 X 5

STUDIO ROOM 15 X 11'8

SHOWER ROOM 5 X 3'3

OUTSIDE

RESIDENT PERMIT PARKING AVAILABLE

LEASE DETAILS: 125 YEAR TERM WITH 119 REMAINING, GROUND RENT £10 PA, MOST RECENT SERVICE CHARGE INFORMATION SHOWS £1302 PA, PLEASE REFER TO THE LEGAL PACK FOR CLARIFICATION Tenure Leasehold. 125 Energy Efficiency Rating (EPC) Current Rating C Local Authority Milton Keynes Council Solicitors TLT Solicitors, Ref: TLT Solicitors, Tel: 0330 165 4201 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 Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £2,400 (£2000 plus vat) Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT). Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.