2 Market Place
Ref: Lot 3
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Unconditional (Buyer's Premium)
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).
Aldeby House, 2 Market Place, Bungay, Suffolk, NR35 1EG
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.
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
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)
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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