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Flat 4, Victoria House, 43 Victoria Street, Harwich, Essex CO12 3AR

Sold After

Lot 6

Auction Date:

5th April 2023
at 12:00 pm
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Legal Pack


Floorplan

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EPC Rating: E

Tenure: Leasehold

Lease Unexpired: 64 years

Viewing Dates

Sat 11th February 2023 12:00 - 12:30
Wed 15th February 2023 10:00 - 10:30

    A ONE BEDROOM SELF CONTAINED TOP FLOOR FLAT CURRENTLY TENANTED ON AN ASSURED SHORTHOLD TENANCY AGREEMENT GENERATING £4,200.00 PER ANNUM THUS GENERATING A YIELD OF 7% IF PURCHASED AT GUIDE.

    The flat boasts good size rooms, well arranged across the property. It would benefit from a new kitchen and some redecoration . Ideally Located within close proximity and walking distance to Harwich town centre. The property is sold with a 25% share of the Freehold. The vendor has issued a new AST starting from March 2023 with a rent payable of £6,300p.a. thus generating a yield of 10.5% if purchased at Guide.

    ACCOMMODATION

    Lounge/Diner: 19″ 2′ x 10″ 7′ ( 5.86m x 3.25m) Kitchen: 11″ x 5″ 3′ ( 3.36m x 1.62m) Bedroom: 12″ 3′ x 9″ 7′ ( 3.75m x 2.93m) Bathroom: 8″ x 5″ 4′ ( 2.44m x 1.65m) Small hallway leading into the open plan lounge/diner area

    LOCATION

    Harwich is a town in Essex and one of the Haven ports on the North Sea coast. It is in the Tendring district. Nearby places include Felixstowe to the north-east, Ipswich to the north-west, Colchester to the south-west and Clacton-on-Sea to the south. It is the northernmost coastal town in Essex.
    The port at Harwich has recently been awarded the status of FREEPORT which should generate jobs and industry in the area.
    The property is located about 1/2 a Mile to the South of Harwich port and is within easy walking distance (about 1 minute) of Dovercourt Mainline Railway Station offering services to London Liverpool Street or Norwich. There are shops, bars and restaurants all within easy walking distance and the Seafront is about 250 Yards to the South of the property.

    VIEWING

    Strictly by appointment please contact the auctioneer Tel: 01702 333 399

    Additional Fees

    Administration Fee
    0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
    Buyer's Premium
    £1800 inc VAT payable on exchange of contracts.
    Disbursements
    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    13/15 Ripple Road, Barking, East London. IG11 7NN

    0203 174 0330

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    Flat 4, Victoria House, Harwich