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Auction Property

Flat 13 Dormy House, 2 Cromer Road, Sheringham, Norfolk, NR26 8RP

Sold Prior to auction, for an undisclosed amount.

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INVESTMENT OPPORTUNITY

Location:

Sheringham is a popular coastal town which is well thought of by holidaymakers and boasts a wide range of amenities and shopping facilities.

Directions:

Head away from the town centre on the A149 in the direction of Hunstanton, proceed up the hill and Dormy House will be found on the left hand side just before the junction with Holt Road.

Energy Rating:

The property has an energy rating of G.

Viewing:

Please call our Holt office for viewing arrangements. Tel 01263 713143

Solicitors: Hansells (Attn Gemma Murrell), Canada House 4 Grammar School Road North Walsham NR28 9JH. Tel 01692 404351

General

A one bedroom apartment with accommodation arranged over two floors located within the popular coastal town of Sheringham. The flat is in excellent decorative order throughout, mainly done by the current tenant who has been in residence for around 3 years and at the time of inspection expressed her wish to remain. The property produces £350 pcm (£4,200 pa) and in addition the tenant pays the landlord £52 pcm for electricity. AGENT'S NOTE : The length of the lease is around 62 years. Ground rent is £20 per annum and the maintenance charge was between £800 and £1,000 per annum in previous years.