SOLD STC
Agent Details
Branch Manager - Lowestoft
3 Separate Bedrooms
Currently Let With Yield @ 5%
Walk To Town Centre
Potential Capital Uplift With Minor Improvements
Potential Yield Of 6.5%
Perfect Investment
Perfect investment, spacious home with 3 double bedrooms planned over 2 floors. walk to all amenities. Current long term tenant providing yield of 5% However with some updating the property would provide a capital uplift and a potential yield of 6.5%....
A deceptively spacious, older style terrace residence pleasantly situated on this quiet
walkway in the centre of Lowestoft. The property benefits from gas fired central heating, has sealed unit double glazing & fitted floor coverings. The living accommodation includes a
fitted kitchen/diner, separate lounge, spacious ground floor bathroom & 3 large separate bedrooms planned over 2 floors. Outside, there is an enclosed rear garden, there is no allocated parking however a parking permit can be obtained for approximately £30pa to use in the designated parking bays. The property is currently let under a AST with the current tenant paying £550 pcm..With improvements made there would be a capital uplift and a higher rent acheivable.
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
12'8" × 11'10" (3.86m × 3.61m)
With carpet, power points, TV point, radiator, free-standing electric heater, fireplace feature with ceramic tile hearth, UPVC double glazed window.
Kitchen
10'3" × 9'0" (3.12m × 2.74m)
With laminate wood effect floor covering, a range of fitted wall & base units, extended roll top work surfaces, built-in electric oven & hob, extractor fan over, stainless steel sink with H&C mixer tap, power points, radiator, plumbing & recess for washing machine, UPVC double glazed window, large under stair pantry cupboard (with power points).
Inner Hall
With carpet, airing cupboard.
Bathroom
With tile flooring, white bathroom suite comprising of panelled bath, H&C taps, pedestal wash basin with H&C, low level WC, fully tiled walls, UPVC double glazed window, radiator, power points.
Bedroom 1
12'9" × 11'10" (3.89m × 3.61m)
With carpet, radiator, UPVC double glazed window, power points.
Bedroom 2
9'0" × 7'3" (2.74m × 2.21m)
With carpet, radiator, UPVC double glazed window, power points.
Second Floor
Bedroom 3
15'2" × 11'0" (4.62m × 3.35m)
With carpet, radiator, UPVC double glazed window, power points. Please note: measurements to this bedroom are taken to an absolute maximum and may have some restriction to head height due to eaves.
Outside
To the front: there is a small enclosed front garden with brick wall, patio footpath to the front door. To the rear: there is a small enclosed patio area with brick wall screen & a rear gate providing pedestrian rear access onto Police Station Road.
Agents Note
Please note the photos used were taken prior to the tenant moving in and can only be used as guide to show room sizes and not condition.
Agent Details
Branch Manager - Lowestoft