HMO opportunity in a desirable area of Gorleston producing £22,260pa

A great opportunity to acquire this period property granted with an HMO licence by Great Yarmouth Borough Council. This end terraced house is divided into 5, one bedroom flats, each have their own kitchen and all share bathroom facilities. There is a communal hall, landing and garden room providing access to the rear garden, w.c and outside store and a double garage measuring 4.9m x 5.5m with vehicle access from a service road to the south of Clarence Road. The owner has owned the building since 1977 and has over the years maintained the building in accordance with regulations and all certificates can be obtained from the legal pack. All units are currently let, a couple to long standing tenants, and they are all on AST's producing £370 pcm inc bills.

Tenure

Freehold

Ground Floor

Entrance porch, hall, Flat 1 living/bedroom, inner hall, flat 1 kitchen, garden room, w.c., Flat 2 living/bedroom with kitchen leading off.

First Floor

Landing, Flat 3 living/bedroom, flat 3 kitchen, Flat 4 bedroom, flat 4 open plan living/kitchen, bathroom, separate w.c.

Second Floor

Landing, attic room, Flat 5 living/kitchen, flat 5 bedroom.

Outside

To the rear of the property there is a south facing garden with lawn and shrub beds. At the bottom of the garden there is a double garage measuring 4.9m x 5.5m with a personal door and an up and over door leading onto a road to the south of Clarence Road.

Viewing

Individual viewings can be arranged - the next are on Tuesday 16 March - APPOINTMENT ESSENTIAL - please call the Norwich office on 01603 505100 to arrange the next available slot on the appropriate viewing day

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

Norton Legal, Unit 8 Beech Avenue, Taverham, Norwich, NR8 6HW, Ref: Tracy Guest, Tel: (01603) 864331

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.