• Productive residential investment +
• Current gross rental income £14,700 pa +
• Convenient West of City location +
• Guide Price £160,000 to £180,000 +
• For sale by livestream auction +
• Unless previously sold or withdrawn prior +
• 10am Wednesday 10th December 2025 +

FOR SALE BY LIVESTREAM AUCITON ON WEDNESDAY 10 DECEMBER AT 10AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE A productive residential investment with a lease extending to November 2202 This purpose built first floor apartment has been successfully let for a number of years. Previously as a three bedroom unit producing £22,200pa, it currently has two bedrooms occupied now generating a gross income of £14,700 pa. The lease has been recently extended to 15th November 2202.
The property is in a highly convenient location good for access to the city centre, the university and hospital with regular bus services and local shops available on Dereham Road which is a short walk away. Ground Floor Entrance lobby with staircase to first floor
First Floor Landing, two independently let bedrooms, shared kitchen, lounge, bathroom
Outside Garden area to rear, useful external store shed, on street parking
Lease Details Term: Original lease 125 years from 16 November 1987 now extended by 90 years to 2202 (177 years remaining).
Annual ground rent: £10pa
Service charge: please refer to legal pack
Council Tax Band A Tenure: Leasehold EPC Rating: C Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £600 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.