A two bedroom house and two self contained flats all currently let producing £18,000pa

A well-located freehold property comprising a two-bedroom two-storey townhouse and two self-contained flats, all currently let on Assured Shorthold Tenancies producing a combined annual income of £18,000. Each unit benefits from uPVC double glazing and gas central heating. Conveniently situated within walking distance of Lowestoft’s seafront, shops, and local amenities, the property offers an excellent investment opportunity with immediate rental income and future potential for enhancement or reconfiguration (subject to consents).

Tenure

Freehold

Accommodation

The property is arranged as three individual units:

16

A 2 bedroom townhouse arranged over two floors, let for £700pcm from 19.03.25

16a

A one-bedroom ground floor studio flat, let for £400 pcm 21.02.22

16b

A one-bedroom ground floor flat, Let for £400 pcm from 01.11.19

Viewings

Viewings are available by appointment only. To book a viewing please contact the Norwich office.

Council Tax Band

A

Energy Efficiency Rating (EPC)

Current Rating D, D, E

Services

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

Local Authority

Suffolk Coastal District Council

Solicitors

Peter Colby Commercials Ltd, Ref: Sarah Garlish, Tel: 01603253313

Offered in association with

Steel and Co

Additional Fees

Buyer's Premium - £600 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.