High yielding residential investment producing £31,080 pa. Five let self contained flats

This three storey mid terrace Victorian property is arranged as five self contained flats. Two are one bedroom flats and three are studio flats. It has a total gross internal area of around 210 sq/m. Currently all are let producing £2,590 pcm (£31,080 pa). Flat A is let at £625 pcm (£7,500 pa) Flat B is let at £525 pcm (£6,300 pa) Flat C is let at £525 pcm (£6,300 pa) Flat D is let at £510 pcm (£6,120 pa) Flat E is let at £405 pcm (£4,860 pa) This is an ideal opportunity for an investor looking for a high yielding investment. On instruction of executors.

Tenure

Freehold

Flat A (50 sq/m)

Second floor: bedroom, living room, kitchen, bathroom

Flat B (34 sq/m)

First floor: living room / bedroom / kitchen, bathroom

Flat C (26 sq/m)

First floor: living room / bedroom / kitchen, bathroom

Flat D (23 sq/m)

Ground floor: living room / bedroom / kitchen, bathroom

Flat E (35 sq/m)

Ground floor: bedroom, living room, kitchen, bathroom

Outside

Front and rear garden.

Council Tax Band

A

Note

The photos of the flats were taken before the tenant moved in.

Energy Efficiency Rating (EPC)

Current Rating 82a: E, 82b: C. 82c: D, 82d: E, 82e: instructed

Services

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

Local Authority

Norwich City Council

Solicitors

Rogers and Norton (Norwich), Ref: Steven Clarke, Tel: 01603 666001

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.