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Alma Road, Lowestoft

3 Bed

1 Bath

Contact Us

Alma Road, Lowestoft

3 Bed

1 Bath

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Perfect Investment Opportunity

Yield In Excess Of 5.5%

Long Term Tenant

3 Separate Bedrooms

Lawned Garden

Close To Train Station

Perfect investment property, long term assured shorthold tenant providing yield in excess of 5.5%. 3 separate bedrooms and lawned rear garden. Close to town centre and walking distance to train station. Perfect home to add to portfolio

A perfect investment opportunity. An older style and terrace residence pleasantly situated in this popular central Lowestoft locality being close to all local amenities including a short walk from the nearby train station. The property is currently let under an assured shorthold tenancy with the current tenants being in residence since 2012. They have indicated that they would like to remain in the property. Offering good size living accommodation which includes a separate lounge and dining room, Kitchen, ground floor bathroom, and 3 separate first floor bedrooms. A perfect addition to any portfolio that provides a yield in excess of 5.5% demand is expected to be high and an early inspection is highly recommended.

Disclaimer

Howards Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.

Howards Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Location

Room Descriptions

Lounge

11'8" × 11'0" (3.56m × 3.35m)

Sealed unit double glazed entrance door, laminate flooring, sealed unit double glazed window, power points, radiator, tv point

Inner Hall

Laminate flooring stairs to 1st floor.

Dining Room

11'8" × 9'8" (3.56m × 2.95m)

Laminate flooring, sealed unit double glazed window, power points, radiator, under stairs storage cupboard

Kitchen

10'3" × 6'0" (3.12m × 1.83m)

Single drainer sink unit, extended worksurfaces, white fitted cabinets, sealed unit double glazed window.

Rear Lobby

Sealed unit double glazed rear door.

Bathroom

White suite comprising panelled bath, pedestal wash basin, low level, sealed unit double glazed window.

Full Landing

Carpet

Bedroom 1

14'0" × 9'10" (4.27m × 3m)

Carpet, sealed unit double glazed windows, power points, radiator, built-in cupboard housing gas fired boiler (installed October 2020), built in wardrobe cupboard.

Bedroom 2

7'10" × 6'10" (2.39m × 2.08m)

Carpet, sealed unit double glazed window, power points, radiator.

Bedroom 3

12'10" × 7'0" (3.91m × 2.13m)

Carpet, sealed unit double glazed window, power points, radiator, over stairs cupboard.

Outside Rear

Covered secure side passageway opens into surprisingly good sized lawned garden with patio, brick wall screen.

Agents Note

The property is currently let under an assured shorthold tenancy the tenant has been there approx 8 years and has indicated she would like to remain, the rent paid is currently £440 pcm, that provides a yield return of 5.8%

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