Flat for sale in 4 Riverside Maltings, Diss, Norfolk IP22

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

Venue: Livestream Auction

Two bedroom flat which offers a short lease and in need of some updating, situated on the edge of the market town of Diss

This two bedroom flat is situated on the edge of the market town of Diss and is situated on a small housing development built in the late 1990's. The flat is being offered with a short lease and would therefore need to be purchased by cash buyers only. The lease can be extended and has been offered at approximately £10,000.

Offering generous accommodation with two double bedrooms, an unusual south facing hexagon shaped sitting room nad a modern, high gloss red kitchen. Some improvements are needed but the flat offers a potential rental income of £800pcm once complete.

Communal Entrance
Entrance to flat

Accommodation
Open plan living area/kitchen, hall, two bedrooms, wet room

Exterior
Communal gardens

Lease Details
99 years from 25 December 1991 (approx 66 unexpired years)

Ground Rent £50 pa

Maintenance fee of approximately £600 pa

Council Tax Band

A

EPC Rating: D

Additional Fees
Buyers Premium: £960 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.