Residential investment producing £6,600 pa Let three bedroom hall entrance terrace house

This three bedroom hall entrance mid terrace house is let on an assured shorthold tenancy to an established tenant who has been in occupation for nearly five years. The current passing rent is £550 pcm (£6,600 pa). The property requires some improvement, however benefits from gas fired central heating and is mostly double glazed. The house is deceptively spacious and extends to around 59 sq/m (635 sq.ft). It is located opposite St Johns church around half a mile east of the town centre, close to the sea front and a range of services and amenities. This would appeal to an investor.

Tenure

Freehold

Description

Ground Floor

Entrance hall, sitting room, dining room / kitchen

First Floor

Landing, three bedrooms, bathroom

Outside

Enclosed rear garden backing onto Victoria Place, inner yard.

Energy Efficiency Rating (EPC)

Current Rating D

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. Tel: 01493 856100

Solicitors

Lambert Pugh, 19 Charing Cross, Norwich, NR2 4AX, Ref: John Lambert, Tel: 01603 462796

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 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.