A large terraced house split into four self contained flats currently producing around £24,000 per annum

This freehold residential investment opportunity comprises four self contained flats all currently let and producing around £24,000 pa. The ground floor one bedroom flat is currently let at £150 per week, the first floor two bedroom flat is let at £550 pcm, the second floor one bedroom flat is let at £400 pcm and the third floor flat at £400 pcm. The property is located on the outskirts of Kings Lynn town centre near the South Gates roundabout. Kings Lynn offers a wide range of shopping facilities as well as bus station and mainline railway link to Cambridge and London Kings Cross station.

Tenure

Freehold

Ground Floor

Living room, kitchen, bedroom, bathroom.

First Floor

Lounge/ kitchen, two bedrooms, bathroom.

Second Floor

Lounge, kitchen, bedroom, bathroom.

Third Floor

Lounge/ kitchen, bedroom, bathroom.

Outside

Rear garden.

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

Kings Lynn and West Norfolk Borough Council

Solicitors

Bindman, Ref: Claire Stanton, Tel: 0191 432 4408

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

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.