Freehold residential investment comprising three flats let producing £22,440 pa

This three storey mid terrace property is arranged as three self contained flats. Currently all are let producing £1,870 pcm (£22,440 pa). Flat A (62 sq/m) is a ground floor two bedroom flat recently relet at £795 pcm (£9,540 pa) Flat B (42 sq/m) is a first floor one bedroom flat let to a long established tenant at £550 pcm (£6,600 pa) Flat C (40 sq/m) is a second floor one bedroom flat let to a long established tenant at £525 pcm (£6,300 pa) Each flat has its own separate services and council tax banding. This is an ideal opportunity for an investor looking for a high yielding investment.

Tenure

Freehold

Ground floor

Communal entrance hall Flat 32A: Entrance hall, lounge, two bedrooms, kitchen, bathroom

First floor

Flat 32B: Entrance hall, shower room with wc, open plan sitting room / kitchen, bedroom

Second floor

Flat 32C: Entrance hall, shower room with wc, open plan sitting room / kitchen, bedroom

Outside

Front garden, rear garden and off road parking with access via Norfolk Road

Council Tax Band

A

Energy Efficiency Rating (EPC)

Current Rating Please refer to legal pack

Services

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

Local Authority

North Norfolk District Council

Solicitors

Hayes and Storr (Swaffham), Ref: Chris Cosgrave, Tel: 01760 724424

Additional Fees

Buyer's Premium - £840 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.