A converted town house presented as two holiday letting flats in the centre of Southwold.

A unique opportunity to acquire an excellent turn-key investment in the heart of Southwold just a few steps from the seafront. The property comprises a studio flat on the ground floor and a one bedroom flat on the first floor both of which are in exceptional order and produced a gross revenue in excess of 12% of the low Guide Price during the course of 2023. The apartments are being sold fully furnished and there's also the option to utilise one as a home whilst generating an income from the other or potentially converting into a single residence (STPP) which if adding a balcony to the rear would give outstanding sea views. Such opportunities in one of Suffolk's premier seaside towns rarely presents and should not be missed.

Tenure

Freehold

Ground Floor

Studio apartment

First Floor

One bedroom apartment

Energy Efficiency Rating (EPC)

Current Rating E, C

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

22 Law, Ref: Claire Stanton, Tel: 0191 432 4408

Additional Fees

Buyer's Premium - £2000 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.