Property Description
Data accuracy has been checked and verified for this property.
Our analysis
Welcome to 23 Wentworth Way, Lowestoft, a cozy and compact flat type home with 1 bed in the NR33 9JJ area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band A.
This modern and well-kept property was built 1983-1990 and has a reported internal area of 24 internal square metres
The local area is known for its high value-to-quality ratio -
with a market valuation of £54,600 and a rental potential of £355 per month,
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it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
Additional analysis
In addition to our own current description, this property has received a tailor-made description dated to May 21, 2018. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
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SUMMARY
For Sale By Auction At Barnham Broom Golf & Country Club On 15/06/2018 at 11:30 am.
GUIDE PRICE - ?45,000 - ?50,000
DESCRIPTION
A opportunity to acquire a first floor purpose built studio flat located in a popular residential area of Lowestoft. The property is presented in good order throughout and features sealed unit double glazing, an allocated parking space and communal gardens. The studio could potentially produce approximately ?4,500 per annum if tenanted on an assured short hold tenancy agreement, therefore making it a sound investment purchase producing a more than satisfactory yield. Energy Efficiency Rating F.
Accommodation
Ground Floor: Communal entrance hall, stairs to first floor.
First Floor: Communal landing access to flats.
Studio: Open plan lounge / bedroom, kitchen, dressing area, shower room.
Exterior: Communal gardens and parking.
Tenure
Leasehold. Commenced 1st September 1982 for 120 years. Total charges amount to approximately ?195.08 per annum, please check legal pack for confirmation.
Vendors Solicitors
Spire Solicitors, The Priory, Church Road, Dereham, Norfolk, NR19 1DW.
For the attention of Ms A Richards - Tel: 01362 692424.
Viewing Arrangements
By arrangement with the Joint Auctioneers: William H Brown, 138 London Road North, Lowestoft, Suffolk, NR32 1HB - Tel: 01502 585998.
Viewing Times
Open Viewings:
Saturday 26th May - 11.45am - 12.15pm
Saturday 2nd June - 11.45am - 12.15pm
Saturday 9th June - 11.45am - 12.15pm
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers, William H Brown, and vendors solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30am. Prospective purchasers are advised to check with the auctioneers, William H Brown, before the sale that the property is neither sold nor withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Guide And Reserve Prices
Guide Price: An indication of the seller???s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price;
The sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits. The sale of each lot is subject to a contract documentation charge of ?850.00 (Inclusive of VAT) payable on the fall of the hammer. If you are unable to attend the auction for any reason you can still bid on the property either by telephone or proxy bid, please contact the auctioneers for further information. Guidance notes are set out in the catalogue in relation to auction property, particularly from a purchasing perspective.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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Tax band A
