SOLD STC
Ideal Investment
Yield 5.5%
Let To Same Tenant For Last 17yrs!
Updating Required
Tenant Wishes To Remain
Close To Train Station
Great investment opportunity, older style terraced home conveniently situated in this popular and central Lowestoft locality being within walking distance of all amenities including the mainline train station. The property has been rented continually for the past 17 years to the same tenant with our client confirming that each and every monthly rent has been on time. The property does need modernisation and improvement however the current tenant is keen to remain and he is happy to work around any potential new purchaser in terms of viewings or improvements they wish to make. The current yield is approximately 5.5% however with with improvements could well raise to approximately 7%. A great little investment that is sure to appeal to any buy to let investor.
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.
11'2" × 10'9" (3.4m × 3.28m)
Sealed unit double glazed window and door, radiator, power points
Stairs to 1st floor
11'2" × 10'0" (3.4m × 3.05m)
Sealed unit double glazed window, radiator, power points.
8'8" × 6'0" (2.64m × 1.83m)
Single drainer sink unit, wall cabinets, power points.
rear entrance door.
Shower cubicle, wash basin, low level, sealed unit double glazed window.
11'0" × 11'0" (3.35m × 3.35m)
Sealed unit double glazed window, radiator, power points.
11'0" × 9'10" (3.35m × 3m)
Sealed unit double glazed window, radiator, power points, door to:
8'4" × 6'0" (2.54m × 1.83m)
Sealed unit double glazed window, radiator, power points, gas boiler.
Good sized enclosed garden with inset trees borders for shrubs and plants, brick wall screen gate opening onto on pedestrian rear access.