Studio for sale in 97 Berners Street, Norwich, Norfolk NR3

For sale by auction on Wednesday, 01 May 2024 at 11:00

Venue: Livestream Auction

A ground floor studio flat requiring complete modernisation and redecoration

Following water damage this ground floor purpose built studio flat now requires complete modernisation and redecoration. Sealed unit double glazing was installed recently but the property is not currently mortgageable and is suitable for cash buyers only.

Berners Street is located to the north of Norwich centre close to local shops and public transport ensuring the property, once modernised, would be ideal for investment or first purchase.

Accommodation
Shared entrance hall, living/bedroom, dressing area, kitchen, bathroom.

Outside
Communal gardens and parking

Council Tax Band

A

Lease Details
Term: 120 years from 1 September 1981 (77 years remaining)

Annual ground rent: £20

Annual service charge: Please refer to the legal pack

Viewings
Open viewings are arranged and the next are on Thursday 25th and Monday 29th April. Please call the Norwich office to book an appointment.

EPC Rating: E

Additional Fees
Buyers Premium: £420 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides 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. Each 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.