Property for Auction in East Anglia - 17 Sycamore Crescent, Norwich, Norfolk NR2 4DQ

A productive residential investment producing £22,200 pa This purpose built first floor apartment has been successfully let for a number of years and now generates a gross income of £22,500 pa. The property is in a highly convenient location good for access to the city centre, the university and hospital with regular bus services and local shops available on Dereham Road which is a short walk away. Tenure Leasehold. Ground Floor Entrance lobby with staircase to first floor First Floor Landing, three bedrooms, kitchen, bathroom Outside Garden area to rear, useful external store shed, on street parking Lease Details Term: 125 years from 16 November 1987 (88 years remaining) Annual ground rent: £10pa Service charge: please refer to legal pack Council Tax Band A Notes Please note, the internal pictures were taken 5 years ago. Energy Efficiency Rating (EPC) Current Rating C Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Local Authority Norwich City Council Solicitors Cozens-Hardy LLP, Ref: Charlotte Hunter, Tel: 01603 625231 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 - £600 inc VAT payable on exchange of contracts. Administration Charge - £1200 inc VAT payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.