About this property

Key Features

Long leasehold with circa 71 years remaining
Wonderful investment opportunity
2 bed
First floor flat within an imposing mansion house

Description

Flat 4 is located on the first floor of an imposing former mansion house, in the desirable north east part of the popular town of Newmarket. The well-proportioned flat is accessed via a communal entrance hall with entry system and decorative tiled floor, and up an imposing staircase to the private entrance door of Flat 4: Entrance Landing with airing cupboard; Living Room with dual aspect windows, high ceilings and views to rear; Kitchen/Breakfast Room with a range of modern base and wall units, sink and drainer, plumbing for white goods and windows to side; Bedroom 1 with arched windows to front aspect and large built-in wardrobe; Bedroom 2 with window to side and built-in wardrobe; Bathroom with fitted suite comprising WC, wash hand basin and bath with electric shower over. Amberley House is set within communal gardens which feature lawn areas to the rear and a number of mature trees and shrubs. Off-road parking is provided to the front and rear of the building.


Tenure

Long leasehold with vacant possession

Location

Amberley House is situated half a mile to the north east of the centre of Newmarket, in an area that features a number of substantial houses. The town features a wide range of shops, facilities and services and boasts excellent transport links, including railway service to London Kings Cross and Liverpool Street Stations via Cambridge, and access to the A14 trunk road.

Lot Type

Residential

Tenancies

The property is held on a long leasehold basis with a 105 yearly lease granted in 1986, therefore has approximately 70 years remaining. Ground rent is set at £150 pa with maintenance last charged at £360.24 per quarter. The vendor has recently sought confirmation of the sum required to extend the lease, which was £21,000 - see legal pack for details.

Legal Packs

www.cheffins.co.uk/auctions/property-auctions or Paul Garner at Metcalfe Copeman & Pettefar, 8 York Row, Wisbeach, PE13 1EF

Viewing

Cheffins Newmarket office 01638 663228


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.�