£125,000
1 bed flat for sale
Allison Bank, Geoffrey Watling Way, Norwich NR1Leasehold
1 bed
1 bath
1 reception
EPC Rating: C
Key information
Tenure
Leasehold (109 years)
Service charge
£1,800 per year
Council tax band
A
Ground rent
£200
Ground rent date of next review
Ground rent review period
Every 25 years
About this property
Top Floor Penthouse Studio
West Facing Aspect & City Skyline Views
Under-Floor Heating - Low Cost to Run
Council Tax Band A.
Would Suit Single Person
Excellent Location
Taylor wimpey selling freehold to the leaseholders* - Penthouse Studio - 7th Floor, Top Floor Open Plan Studio Flat with panoramic spectacular views of Norwich. Optional parking (separate negotiation).
*The Freehold is being sold to the leaseholders which will give more power to control the Service Charge and lengthen the lease.
Would make a good serviced let because the only top floor penthouse without steps, the lift is by the door, so would suit disabled access.
Would suit a landlord with a 7% yield, existing tenant in situ who has been living here very happily and would like to stay on.
Would suit as a lock-up home because so secure for any ex-pats who live in two countries and need a second home.
This lovely living space soaks up the south and west facing sunsets, stunning views across the City landscape and great excitement of the Football Club.
Under-Floor Heating and inexpensive to run. This property has an extremely low to almost zero electric cost. (Please call the office for more information on this).
Currently the Service Charge £2200 per year but will amend down once the freehold is purchased. Services include water, insurance and all maintenance. Energy Performance Rating C.
Agents Notes - Under Section 21 of the Estate Agents Act 1979 – This is to confirm that this property is owned by an employee of Astley & co Estate Agents.
Disclaimer - Astley & co estate agents, along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Astley & co estate agents, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
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Listed by
Astley & Co Estate Agents