Lot 3 - Aldeby House, 2 Market Place, Bungay, Suffolk, NR35 1EG
- Unconditional Online Auction Sale
- Guide Price* : £77,000
- Bedrooms: 2
A charming and deceptively spacious two bedroom apartment. The property is set in the very heart of this historic Market Town with views over the Butter Cross and much renowned Bridge Street where we access the River Waveney and the stunning green space that surrounds it. Internally the apartment has been finished to an exceptional standard boasting oak finishings and solid wood floors enjoying underfloor heating throughout. A generous sitting room enjoys the view of the Town Centre whilst a modern kitchen offers a range of bespoke units and looks over Bridge Street and the Waveney Valley. Two Bedrooms and the shower room complete the space. Potential Rental Income PCM: £595-£625 PCM.
Description
A charming and deceptively spacious two bedroom apartment. The property is set in the very heart of this historic Market Town with views over the Butter Cross and much renowned Bridge Street where we access the River Waveney and the stunning green space that surrounds it. Internally the apartment has been finished to an exceptional standard boasting oak finishings and solid wood floors enjoying underfloor heating throughout. A generous sitting room enjoys the view of the Town Centre whilst a modern kitchen offers a range of bespoke units and looks over Bridge Street and the Waveney Valley. Two Bedrooms and the shower room complete the space. Potential Rental Income PCM: £595-£625 PCM.
Tenure
The property is being offered with a long leasehold as follows: Term: 125 years from 12th Sept 2008 Annual Ground Rent of £150 is payable. Annual Management and Insurance of £656 is payable.
Buyers Premium
* Plus 5% Buyers Premium + VAT
Sale Type
Unconditional (Buyer's Premium)
Conditional Sale Type Text
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Council Tax Band
A
Lease Start Date
12/09/2008
Lease Duration
125 years (110 years unexpired)
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.
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