Grade II listed former farmhouse arranged as three self contained apartments with off road parking

This freehold residential investment opportunity comprises of three self-contained apartments in the sought-after Gunton area of the town. The building was converted in the 1970's and currently 14 is vacant and 15 and 16 are let on assured shorthold tenancies producing £650 pcm (£7,800 pa) and £495 pcm (£5,940 pa) respectively. The current income is £13,740 pa with an open market rental value fully let of around £23,000 pa or potentially higher as holiday lets. The building is set well back from the road and has a large front garden which may offer potential. There is off road parking for each apartments and they have electric heating and secondary glazing.

Tenure

Freehold

Ground floor Kiln Cottage 14

Entrance hall, kitchen, study, wc, lounge with wood burner, inner hall, two bedrooms, shower room

First floor Kiln apartment 15

Open plan sitting room / kitchen, bedroom, bathroom

Second floor apartment 16

Open plan sitting room / kitchen, bedroom, bathroom

Outside

Large lawned garden area, gravelled drive and off road parking

Council Tax

A

Viewings

Viewings are being arranged by appointment only, the next are on Tuesday 31 October. Please contact the Norwich Office to book an appointment.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

East Suffolk Council

Solicitors

Tennant Mickleburgh, Ref: Jane Mickleburgh, Tel: 01603 985722

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.