Freehold residential investment opportunity Two let flats producing nearly £10,000 pa

This semi detached property was converted into two self contained one bedroom flats a number of years ago. On the ground floor is a one bedroom flat currently let producing £425 pcm (£5,100 pa) and on the first floor is a one bedroom flat currently let producing £400 pcm (£4,800 pa). Both are established tenants on assured shorthold tenancies, and the flats are in good decorative order. With an income of £9,900 pa this would be an ideal purchase for an investor looking for a high yield.

Tenure

Freehold

Ground floor flat 17

lounge, kitchen, bathroom, bedroom, Outside: rear courtyard garden

First floor flat 17a

lounge, kitchen, bedroom, bathroom Outside: front courtyard garden

Viewings

Open viewings are arranged for Friday 29 April in agreement with the tenants. To book an appointment please call the Norwich office on 01603 505100.

Energy Efficiency Rating (EPC)

Current Rating C and 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

Solicitors

Spire Solicitors LLP, Ref: Jamie Causton

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 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.