An exceptional opportunity to acquire a high quality block of six self contained one and two bedroom flats producing an annual income of £34,380

Located in a highly sought after location this block of six well maintained and excellently presented self contained apartments provide a valuable investment opportunity producing a combined income of £34,380 per annum. The rents currently charged are very competitive and offer potential to uplift the income over time. The existing tenants are well established and we understand wish to remain. The building has 4 one bedroom flats contained within the original main house with a further 2 two bedroom flats built in 2016 following a fire. Links House is set within well tendered mainly lawned gardens with residents off road parking. It is a short walk from the sea front in a highly popular residential neighbourhood approximately half a mile from the town centre and a short walk from the James Paget Hospital.

Tenure

Freehold

Flat 1 (Ground Floor)

Kitchen, lounge, bedroom, bathroom. Rent £450 pcm on an AST

Flat 2 (Ground Floor)

Kitchen/diner, lounge, bedroom, bathroom. Rent £425 pcm on an AST

Flat 3 (Ground Floor)

Hall, lounge, kitchen, 2 bedrooms, bathroom. Rent £545 pcm on an AST

Flat 4 (First Floor)

Hall, lounge, kitchen, 2 bedrooms, bathroom. Rent £545 pcm on an AST

Flat 5 (First Floor)

Kitchen/diner, lounge, bedroom, bathroom. Rent £475 pcm on an Assured Tenancy

Flat 6 (First Floor)

Lounge, kitchen/diner, bedroom, bathroom. Rent £425 pcm on an AST

Viewings

Individual appointments can be arranged - the next are on Monday 26th July - BOOKING ESSENTIAL - please call the Norwich office to be allocated the next available 15-minute slot

Energy Efficiency Rating (EPC)

Current Rating - refer to Legal Pack

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

Mills & Reeve, 1 St James Court, Whitefriars, Norwich, NR3 1RU, Ref: Judy Day, Tel: 01603693283

Additional Fees

Buyer's Premium - £900 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.