Guide price
£500,000
(£133.33/sq. ft)
Block of flats for saleVictoria Road, Diss IP22
3,750 sq. ft
About this property
Location
The block is located on Victoria Road in Diss, in South Norfolk. Diss is a market town with an estimated population of just under 10,000 based on the last census.
Transport links for the property are good, with Diss Rail Station approximately 0.8 miles away from the property.
Nearby operators include Tesco Superstore, Morrisons, Morrisons Petrol Station, Aldi, Dominos Pizza, British Red Cross, Superdrug and Card Factory.
Description
The flats are accessed via the service yard at the rear of the property, with a shared communal first floor platform leading to all flats.
Price
Offers in the region of £500,000 (Five hundred thousand pounds) for the 999 long leasehold interest. This represents a low capital value of £133.33 psf, which is less than replacement cost.
The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.
VAT The premises are not elected for VAT.
EPC Rating tbc.
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.
The block is located on Victoria Road in Diss, in South Norfolk. Diss is a market town with an estimated population of just under 10,000 based on the last census.
Transport links for the property are good, with Diss Rail Station approximately 0.8 miles away from the property.
Nearby operators include Tesco Superstore, Morrisons, Morrisons Petrol Station, Aldi, Dominos Pizza, British Red Cross, Superdrug and Card Factory.
Description
The flats are accessed via the service yard at the rear of the property, with a shared communal first floor platform leading to all flats.
Price
Offers in the region of £500,000 (Five hundred thousand pounds) for the 999 long leasehold interest. This represents a low capital value of £133.33 psf, which is less than replacement cost.
The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.
VAT The premises are not elected for VAT.
EPC Rating tbc.
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.
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Monthly repayment
£2,501 per month
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