Flat for sale in Flat 5 Holly House, 19 Magdalen Street, Eye, Suffolk IP23

For sale by auction on Wednesday, 11 Sep 2024 at 11:00

Venue: Livestream Auction

A well presented top floor flat on the fringe of the town centre.

Just a short stroll from a good range of amenities within the town centre is this 2nd (top) floor flat with far reaching views across playing fields to the rear.

The property is held on a long lease but comes with a 1/6th share of the Freehold and offers 2 double bedroom accommodation along with a single garage.

With a potential for an annual rental yield of over 10% based on the Guide Price we see this as an excellent investment opportunity.

EPC Rating: E

Additional Fees
Buyers Premium: £1140 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.