Call the team on 01603 505 100 for more information
High yielding freehold residential investment comprising four let flats producing £33,792 pa
This three storey mid terrace property is arranged as four self-contained flats let producing £2816 per month (£33, 792 pa). Inclusive of Gas/electricity and water charges. Flat 1. A Tenancy Agreement dated March 2020 - £816 per month (two Bedroom) Flat 2. A Tenancy Agreement dated June 2024 - £680 per month (one bedroom) Flat 3. A Tenancy Agreement dated March 2020 - £620 per month (one Bedroom) Flat 4. A Tenancy Agreement dated June 2024 - £700 per month (one bedroom) This is an ideal opportunity for a buy-to-let investor.
Tenure
Freehold
Ground Floor
Communal Entrance. Flat 1 Sitting room, two bedrooms, kitchen and shower room (internal door to garage - not included in tenancy) door to rear yard with pedestrian gate.
First Floor
Flat 2. Kitchen/sitting room, bedroom and shower room. Flat 3. Kitchen/sitting Room, bedroom and bathroom.
Second Floor
Flat 4. Kitchen/sitting room, bedroom and bathroom.
Outside
Rear yard with pedestrian gate. Garage with timber double doors. Agent Note: The garage is not included with any of the tenancies - the current owners use for storage.
Council Tax Band
A
Viewings
Viewings are currently being arranged for Thursday 28 August and Friday % September. Please call Norwich office to book your viewing.
Energy Efficiency Rating (EPC)
Current Rating Flat 1 - C Flat 2 - C Flat 3 - B. Flat 4 - 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
Norton Peskett (Great Yarmouth), Ref: Matthew Breeze, Tel: 01493 849225
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.