For Sale By Auction | 11:00, 27 July 2022 | Lot 70

125 South Quay, Great Yarmouth, Norfolk NR30 3LD

Sold £120,000

  • Flat
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 27/07/2022

Auction Time

11:00

Auction Venue

Livestream Auction

A residential investment opportunity to acquire three one bedroom flats in the coastal resort of Great Yarmouth currently producing £13,560 pa

An opportunity to acquire three one bedroom flats that require some improvements. We have not been able to gain access to the property prior to viewings, but have been made aware that the two ground floor flats are interconnecting, which can be altered once purchased. This is a good investment, with a yield producing £13,560 pa. The flats have separate supplies, one gas supplier supplying to all three flats and one water supply. The flats are situated on the South Quay, an industrial area of the popular well known seaside resort of Great Yarmouth.

Tenure

Freehold

Flat 1

28 sqm - Hall, lounge, kitchen, inner hall, bedroom, lobby, shower room,

Flat 2

36.65 sqm - Lounge, kitchen, shower room and bedroom

First Floor Flat 3

Landing, lounge, kitchen, bedroom and bathroom

Exterior

Courtyard with boiler house

Council Tax Band

A

Viewings

Open Viewings are arranged for Friday 22 July. Please call the Norwich office to book an appointment.

Energy Efficiency Rating (EPC)

Current Rating FLAT 1 = D FLAT 2 = 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

Solicitors

HKB Wiltshires, Ref: Samantha Brannigan, Tel: 01493 855676

Offered in association with

Aldreds

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

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 £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.