Call the team on 01603 505 100 for more information
High yielding freehold residential investment comprising five let one bedroom flats producing £30,552pa
This three storey mid terrace property is arranged as five self-contained flats let to long term settled tenants on tenancies producing £2,546.00 per month (£30,552 pa). Flat 1. A Tenancy Agreement dated 31st May 2017 - £541 per month Flat 2. A Tenancy Agreement dated 25th April 2005 - £455 per month Flat 3. A Tenancy Agreement dated 3rd April 2017 - £640 per month Flat 4. A Tenancy Agreement dated 25th April 2005) £455 per month Flat 5 A Tenancy Agreement dated 25th April 2005 £455 per month This is an ideal opportunity for a buy-to-let investor.
Tenure
Freehold
Lower Ground Floor
Cellar
Ground Floor
Communal entrance hall Flat 1: Entrance hall, bedroom, shower and wc, sitting room / kitchen Flat 2: Kitchen, sitting room, bedroom, separate wc and shower
First Floor
Flat 3: Entrance hall, shower and wc, kitchen, sitting room, bedroom Flat 4: Entrance hall, sitting room, kitchen, bedroom, shower and wc
Second Floor
Flat 5: Entrance hall, bedroom, shower and wc, sitting room, kitchen
Outside
Rear yard used by flats 1 & 2.
Location
It is located around half a mile from the town centre, close to the beach and a range of services and amenities.
Coucil Tax Bands
A
Agents Note
Photographs were taken in the summer of 2023. Internal inspection is recommended.
Viewings
Individual viewings can be arranged -APPOINTMENT ESSENTIAL - please call our Norwich office to arrange.
Energy Efficiency Rating (EPC)
Current Rating Flat 1: D, Flat 2: E, Flat 3: C , Flat 4: C, Flat 5: 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.