Sold £263,000
- Block of Apartments
- 5 Bedrooms
- Tenure: Freehold
Call the team on 01603 505 100 for more information
High yielding residential investment producing nearly £23,000 pa Five let flats
This large three storey semi detached property comprises of five self contained one bedroom flats. Currently all are let producing £22,811.88 pa. Each flat has a separate electricity supply. The tenant pays their own council tax and electricity bills and the landlord pays the water bill. The property is located next to Saint Pauls Church less than two miles north of the town centre close to a range of services and amenities. This is an ideal opportunity for an investor looking for a high yielding investment.
Tenure
Freehold
Ground Floor
Communal entrance hall
Flat One (52 sq/m)
One bedroom flat let on an Assured Shorthold Tenancy at £85 pw (£4,420 pa)
Flat Two (44 sq/m)
One bedroom flat with separate side access let on an Assured Shorthold Tenancy at £86.23 pw (£4,483.96 pa)
First Floor
Landing
Flat Three (32 sq/m)
One bedroom flat let on an Assured Shorthold Tenancy at £95 pw (£4,940 pa) Accommodation: Entrance hall, bathroom, kitchen / sitting room, bedroom
Flat Four (51 sq/m)
One bedroom flat let on an Assured Shorthold Tenancy at £86.23 pw (£4,483.96 pa) Accommodation: Entrance hall, bathroom, sitting room / kitchen, bedroom
Second Floor
Flat Five (42 sq/m)
One bedroom flat let on an Assured Shorthold Tenancy at £86.23 pw (£4,483.96 pa). Accommodation: Entrance hall, bathroom, sitting room / kitchen, bedroom
Outside
Communal front, side and rear yard area, off road parking area to rear.
Energy Efficiency Rating (EPC)
Current Rating 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. Tel: 01493 856100
Solicitors
Lambert Pugh, 19 Charing Cross, Norwich, NR2 4AX, Ref: John Lambert, Tel: 01603 462796
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 £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.
