Three self-contained flats in large semi-detached house producing £14,360 per annum

This three storey Edwardian semi-detached house has been divided into three spacious apartments which are all let on an assured shorthold tenancy basis. The property is located in the highly popular residential area close to the seafront and is within half a mile of Lowestoft town centre. There are two one bedroom flats on the ground and first floors and a two bedroom flat on the upper floor each with independant services and heating systems. A valuable investment property with the potential to grow income.

Tenure

Freehold

Ground Floor

Flat 1: Entrance hall, lounge, kitchen, double bedroom, bathroom.

First Floor

Flat 2: Hall, lounge, kitchen, double bedroom, bathroom.

Second Floor

Flat 3: Hall, lounge, kitchen, 2 bedrooms, bathroom

Outside

Mainly lawned front and rear gardens.

Tenancy Schedule

Flat 1: £400 pcm Flat 2: £385 four weekly Flat 3: £380 pcm

Energy Efficiency Rating (EPC)

Current Rating Flat 1 = D, Flat 2 = D, Flat 3 = C

Services

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

Local Authority

Waveney District Council

Solicitors

Goodwin Cowley, 3 Regent Road, Lowestoft, NR32 1PA, Ref: Sally Norman, Tel: 01502 712999

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 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.