Investment opportunity to acquire two 1 bedroom flats situated in the north of the seaside town of Great Yarmouth

An opportunity to acquire two 1 bedroom flats which are both currently let on ASTs. Flat A is a ground floor flat which is accessed at the front of the property and offers a sitting room, kitchen, bedroom and shower room. Flat B is on the first floor and is accessed at the rear of the property and offers entrance hall with staircase to first floor, landing, open plan living/kitchen, bedroom, shower room. Both flats currently produce an income of £10,800 pa. Flat B tenancy commenced in November 2020 for 12 months. The flats are both In good general order throughout and are situated convenient for Great Yarmouth town centre.

Tenure

Freehold

Flat A

Sitting room, kitchen, bedroom and shower room

Flat B

Entrance hall with staircase to first floor, landing, open plan living/kitchen, bedroom, shower room.

Viewing

Individual viewings can be arranged - the next are Tuesday 20 July - APPOINTMENT ESSENTIAL - please call to arrange the next available slot on the appropriate viewing day

Energy Efficiency Rating (EPC)

Current Rating E,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

HKB Wiltshires, 21 Hall Quay, Great Yarmouth, NR30 1HN, Ref: Rachael Roll, Tel: 01493 855676

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.