A Pair of Adjoining Three Storey + Basement Houses Comprising in Excess of 20 Rooms. Potential for Use as an HMO, Conversion to Single Dwellings or Alternative Residential Redevelopment (Subject to Obtaining all Relevant Consent).

The property comprises a pair of terrace buildings (including the end of terrace) arranged over basement and three upper floors. No. 11 is offered in derelict condition and No. 12 is in better condition but also requires a full program of works.

Tenure

Freehold

Location

The property is situated in the popular tourist destination of Great Yarmouth close to the shops and restaurants of Marine Parade and just 50 meters from Great Yarmouth Beach. The open spaces of St George's Park are also within close proximity. Transport links are provided by Great Yarmouth rail station.

Accommodation

Auction House London has not inspected the properties but we understand from the vendor that the two buildings are internally arranged to collectively provide more than 20 rooms. Further information will be provided prior to the auction.

Tenancy

We understand that rooms let for between £60 (small rooms) and £100 (larger with en suites) per week. Thus potential ERV (fully renovated) in excess of £70,000 per annum.

Services

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

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.