An investment opportunity to acquire a two bedroom terraced property situated close to the town centre

This generous terraced property is situated in the centre of seaside resort of Great Yarmouth. The property was divided into three flats 15 years ago, however planning permission was never granted for the conversion, as a result the successful purchaser would need to gain the necessary planning permission from the Local Planning Authority. Alternatively, the property could be could be adapted and returned to a single dwelling. Currently each flat has its own kitchen and bathroom, and they are all in good order. The ground floor and first floor flats are currently let on an AST providing a total income of £670 pcm (£8,040 pa).

Tenure

Freehold

Communal Hall

Spiral staircase and access to studio flat

Ground Floor Studio Flat

Living/bedroom, kitchen area, shower room

First Floor Flat

Lounge, kitchen, bedroom, shower room

Second Floor Flat

Lounge, kitchen, bedroom, bathroom.

Viewings

Individual appointments can be arranged and the next are on Tuesday 6 July. Please call the Norwich office to book the next available viewing slot.

Energy Efficiency Rating (EPC)

Current Rating C, 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

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

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 £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.