For Sale By Auction | 11:00, 01 May 2024 | Lot 111

4 Paget Road, Great Yarmouth, Norfolk NR30 2DN

*Guide | £160,000 - £180,000 (plus fees)

  • Block of Apartments
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 01/05/2024

Auction Time

11:00

Auction Venue

Livestream Auction

Three self-contained apartments currently tenanted on AST's producing £23,700pa

This hall entrance terrace has been converted into three self contained two bedroom flats. Each flat is let on AST tenancies producing a yield of £23,700pa with potential to be increased. Basement flat £600pcm, Ground floor flat £625pcm and First floor flat £750pcm. In recent years the property has been thoroughly upgraded and is an excellent investment opportunity. All units are fully self contained and have independent heating systems and services. The property lays a short distance from the sea front, within walking distance of the main shopping area and market place.

Tenure

Freehold

First floor flat

Hall, lounge, kitchen, two bedrooms, bathroom

Ground floor flat

Hall, lounge, kitchen, two bedrooms, bathroom

Basement flat

Hall, lounge, kitchen, two bedrooms, bathroom.

Council Tax Band

A, A, A

Viewings

Open viewings are arranged and the final one is on Monday 29 April. Please call the Norwich office for an appointment.

Energy Efficiency Rating (EPC)

Current Rating D, E, E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Great Yarmouth Borough Council

Solicitors

Ward Gethin Archer (Dereham), Ref: Tracy Guest, Tel: 01362 852918

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £960 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.