About this property
Key Features
Leasehold with vacant possession
Investment opportunity
Private garden
2 bedroom ground floor flat
Description
A well located 2 bedroom, ground floor flat in a purpose built block of similar properties, which date from the 1980's, just a short walk from the town centre and train station.
The flat is situated in the heart of an established residential development in Royston town centre and boasts the following accommodation:
A Communal Entrance to the block leads to;
Entrance hall with fitted carpet and 2 storage cupboards; Sitting Room (4.5m x 3.1m) with fitted carpet, radiator and window to front; Kitchen with lino flooring and a range of modern MDF base and wall units, stainless steel sink, fridge/freezer and washing machine, along with Worcester combi-boiler; Bedroom 1 (3.06m x 3.09m) with fitted carpet, radiator, fitted wardrobes and window to rear; Bedroom 2 (2.8m x 2.5m max) with fitted carpet, radiator, window and door to garden; Bathroom with lino flooring, radiator and suite comprising WC, wash hand basin and bath with over-head electric shower.
The gross internal area of the property is 49m² (525ft²)
EPC - C
Outside: The flat benefits from a private garden (6m x 6.4m) which features an area of paving, a small lawn area and beds to the parameter, all of which are enclosed by mature hedges.
The property has a communal parking area to the right hand side of the block.
116 King James Way presents an ideal opportunity for an owner occupier or investor buyer, with the ability to add value with internal updating and lease extension.
Tenure
Leasehold with vacant possession
Auctioneers Note
The property was granted a 99 year lease on the 1st October 1983, and thereby has 63 years remaining.
The ground rent is £50 per annum, while it is understood the service charge for 2019 was £1,320 per annum.
Lot Type
Residential
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Catherine Banks at Tees Law, Tees House, 95 London Road, Bishops Stortford, Herts, CM23 3GW
Viewing
Cheffins Property Auction Dept 01223 213777
Important notes
*Guide prices 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 price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.�