One bedroom first floor flat situated in popular seaside resort of Great Yarmouth. In good order throughout, currently tenanted and producing £8,100 pa

This generous one bedroom first floor flat is situated in a block of six flats off Southtown Road, Great Yarmouth. Currently occupied on an AST for six months from 1st April 2025 and producing £675 pcm. In good order throughout, the flat has had the bathroom replaced last year and boiler replaced in 2024. The electrics have an ECIR certificate and gas boiler is certified. The property is convenient for the town centre and boasts a C rating Energy Performance Certificate. This presents a great ready made investment opportunity and the tenant would like to remain at the property.

Tenure

Leasehold. 999 years from 23rd April 1990 (964 years unexpired)

Communal Hall

Private intercom entrance with post racks and stairs to first floor

Flat

Hall, lounge/diner, kitchen, bedroom, bathroom

Lease Details

Term : 999 years from 1 January 1990 Annual Service Charge: £1,617.12 Service Charge Review Period: Please refer to legal pack Annual Ground Rent: £30.00 Ground Rent Review Period: Plese refer to legal pack

Council Tax Band

A

Energy Efficiency Rating (EPC)

Current Rating C

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

Spire Solicitors LLP (Norwich), Ref: Tracy Guest, Tel: 01603 886221

Additional Fees

Buyer's Premium - £960 inc VAT payable on exchange of contracts.

Administration Charge - £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.