42 High Street, Ramsey, Huntingdon, PE26

Situated in the centre of the market town of Ramsey, this two-bedroom apartment is close to all local amenities and shops. It also has access to all main commuter links to Huntingdon, Cambridge, and Peterborough.

The property, a second floor apartment offers accommodation to comprise of: two bedrooms, kitchen, living room and a shower room.

Lease Term Remaining 105 years.
The annual ground rent is £25 per annum and the maintenance charge is £1600 per annum.
The property is being sold with a tenant in situ. The rental income -£795pcm and a yield above 8%.

Council tax Band A Huntingdonshire District Council

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 plus VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.
 

REFERRAL FEES
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Thomas Morris

The property
Entrance Hall
Shower Room
Kitchen	2.29m x 3.96m
2.29m x 3.96m
Living Room	4.62m x 2.5m
4.62m x 2.5m
Bedroom 1	2.92m x 5.28m
2.92m x 5.28m
Bedroom 2	1.8m x 4.37m
1.8m x 4.37m