Property Details: • Type: Flat • Tenure: LEASEHOLD • Floor Area: 463 sqft
Key Features: • Purpose Built apartment • Upper floor • One Bedroom • Currently let at £1200 pcm • Full Management Available • Close To City Centre And Station • Available For Sale By Auction ( contact agent for details) • Excellent Investment Property
Location: • Nearest Station: Cambridge North • Distance to Station: 0.20206638128576135 miles
Agent Information: • Address: Fora, 9 Dallington Street, London, EC1V 0LN
Full Description: <p>***CASH BUYERS ONLY***</p><p>Due to the low lease on this property it will not be suitable for clients who require a mortgage.</p><p>A fantastic investment opportunity, this light and spacious, one bedroom, upper floor apartment is offered for sale with the benefit of a tenant in situ. The current letting agent is also happy to continue with their fully managed service if required to offer a seamless transition for the new owner. The current rental income is £1,200 pcm.</p><p>This property is located in the Chesterton ward of Cambridge, just moments from the river Cam, less than 350 yards from Cambridge North station and approximately 2 miles from the bustling city centre.</p><p>The current ground rent charge is £125 per annum and there is no service charge. Buildings insurance charge is £358 per annum.</p><p>We have been advised that a lease extension will be available by seperate negotiation with teh freeholder. Speak to the agent for further details. </p><p>This property is for sale by Traditional Auction. Exchange takes place immediately with completion within 28</p><p>days. The buyer pays a 10% (of the purchase price) Non-Refundable Deposit on exchange.</p><p>The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5%</p><p>of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. A Buyer Information Pack is provided,</p><p>which you must view before bidding. The buyer is responsible for the Pack fee.</p><p>Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service</p><p>provider if the service is taken. Payment varies but will be no more than £500 inc. VAT. These services are</p><p>optional.</p><br />EPC Rating: D