High yielding residential investment comprising three let one bedroom flats producing £21,840 pa

This freehold three storey end terrace property comprises of three self-contained flats. Currently all are let producing £420 per week (£21,840 pa). Flat 1 AST dated 17th July 2023, £150 pw (£7,800 pa) Flat 2 AST dated 6th February 2012, £125 pw (£6,500 pa) Flat 3 family member in residence so no formal tenancy, £145 pw (£7,540 pa) The property is located just off Kent Square in the town centre near the beach and Marina Leisure Centre, close to a comprehensive range of services and amenities. This is an ideal opportunity for an investor looking for a high yielding investment.

Tenure

Freehold

Accommodation

Ground floor flat 1: 29 sqm First floor flat: 31 sq/m Second floor flat: 31 sq/m Outside: small side yard for bin / bike storage

Council Tax Band

A

Viewing

Individual viewings can be arranged. Please call the Norwich Office to book an appointment.

Energy Efficiency Rating (EPC)

Current Rating D, 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 (Great Yarmouth), Ref: Sarah Harris, Tel: 01493 855676

Offered in association with

Bycroft Residential

Additional Fees

Buyer's Premium - £900 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.