Residential investment currently two flats and a two bedroom town house

This former hall entrance terrace has been converted into two one bedroom flats and a two bedroom town house. One of the flats is now vacant and in need of updating the other two units are let to established tenants producing a rental income of £800 pcm (£9,600pa). All apartments are independently heated and the rear townhouse benefits from a fully enclosed rear garden which could provide off road parking. The property is in a pleasant residential street leading to the sea front and within easy access of the town centre shopping amenities.

Tenure

Freehold

32A (town house to rear)

Ground Floor: Hall, two bedrooms First Floor: Kitchen, lounge, bathroom Outside: Garden with potential for off road parking space

32B (ground floor)

Hall, lounge, bedroom, kitchen, shower room

32C (first floor)

Hall, lounge, bedroom, kitchen, shower room.

Tenancy details

32A let on an assured shorthold tenancy for £4,800pa 32B let on an assured shorthold tenancy for £4,800pa 32C vacant previously let for £4,800pa Income when fully let £14,400. Please note that 32A will be vacant from 7th September 2019.

Energy Efficiency Rating (EPC)

Current Rating C, D, 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

Poole Alcock, Poplar House, 12 Manchester Road, Wimslow, SK9 1BG, Ref: Victoria Moetamedi, Tel: 01625 380060

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.