Two tenanted flats both let producing a gross income of £600pcm (£7,200pa)
Located close to the sea front these two apartments are both let and produce a combined income of £7,200 pa.The building could benefit from updating but offers a valuable income generating opportunity. The ground floor flat has one bedroom whilst the first floor flat has two bedrooms. Potential may exist for the conversion to a single dwelling subject to planning permission.
Tenure
Freehold
Ground Floor
Flat 1 - kitchen bathroom bedroom sitting room
First floor
Flat 2 - landing kitchen bathroom 2 bedrooms sitting room
Energy Efficiency Rating (EPC)
Current Rating Flat 1 - 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
HKB Wiltshires, 21 Hall Quay, Great Yarmouth, NR30 1HP, Ref: Sarah Harris, Tel: 01493 855676
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
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 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.