Property for sale in Somersby Avenue Mablethorpe LN12

Sale Price: £85,000

Somersby Avenue Mablethorpe, LN12 1HH

Property
-- Bed(s)
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Street Address

Somersby Avenue Mablethorpe, LN12 1HH

Property description

An opportunity to acquire the freehold interest in two self contained flats & a maisonette all with vacant possession. Two further flats subject to the unexpired term of a 99 year lease. The property is centrally located with on site car parking

Two Flats (No's 1 & 4)
where leases have been granted from 6th April 1989 for the term of 99 years. The ground rent is fixed at £50 per annum per flat.

Two Flats (No's 2 & 3)
Flat 2, ground floor offering two bedroom accommodation. Flat 3, first floor offering single bedroom accommodation. Both have electric off peak heating but are in need of essentially cosmetic improvement.

A Maisonette (No 5)
Comprising living space + kitchenette, shower room and upstairs bedroom. Has previously been let to provide an income of £200 pcm, now vacant

Outside
The property stands on a level corner plot providing a car parking facility for each unit

Management Obligations
a copy of the lease relating to flats 2 and 3 is available at the office of the selling agent. The original tenant run management company described however has been disbanded for some years and responsibility for the companies obligations has been taken over by the vendor as freeholder. The agent has been advised that basic accounts for the past ten years are available upon request.The situation therefore allows a new owner to set up whatever continuing arrangements he may wish.

EPC
www.epcregister.com8002-9878-2629-4726-75932968-4008-7277-0267-59648257-7527-0640-5686-8926

Property Features :

  • Opportunity To Acquire Freehold Interest In
  • Two Self Contained Flats & Maisonette
  • Two Further Flats Subject to the unexpired term of a 99 year lease
  • Centrally Located
  • On Site Car Parking
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