SOLD STC
Great Investment
6% Yield Return
Much Sought After Conservation Area
100m From Beach & Sea
Block To Sold As a Whole
Rare Opportunity
Very rare opportunity to purchase a large Victorian home with private garden split into three self-contained units in this much sought-after and desirable North Lowestoft conservation area being within 100m of Gunton clifftop sea and beach. Each flat is currently let under an assured short hold tenancy agreement and provides a fantastic investment with a yield a present time of approximately 6%. The property is being offered at a very competitive asking price and provides room for a potential capital uplift subject to updating and some modernisation, further details can be obtained by request.
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.
Staircase to 1st and second floors
Comprising: Private hall with storage, Lounge (14'6 x 11'6) sealed unit double glazed rear door, radiator, cupboard. Kitchen (9'1 x 6'3) range of wall and base units, single drainer sink unit. Utility Room (6' x 5'8) plumbing for washing machine, gas fired boiler for heating and hot water. Bedroom 1 (18' x 17''6) large bay window, original fireplace, radiator Bedroom 2 ( 20' x 13' into bay) French doors opening in to rear garden, radiator. Shower Room Corner shower cubicle, wash basin, low level wc, radiator.
Comprising: Private hall with storage, Lounge/Diner (18' x 17'10 ) large single glazed bay window, storage heater, hidden door giving access to private sun balcony.. Kitchen (14'6 x 11'3) range of wall and base units, single drainer sink unit. space for table. Bedroom 1 (19'8 x 13' into bay) large bay window, storage heater door to: Bedroom 2 ( 9'8 x 6) carpet door to Dressing Room fitted wardrobes. Bathroom panelled bath with shower attachment, wash basin, low level wc, built in airing cupboard
Comprising: Private door and staircase to second floor. Inner hall with storage, Lounge (18'6 x 14') storage heater. Kitchen (10'6 x 7'3) range of wall and base units, single drainer sink unit. Bedroom 1 (15 x 10''6) storage heater, Bedroom 2 ( 14'6 x 12') storage heater built in cupboard. Shower Room recessed shower cubicle, wash basin, low level.
Enclosed front garden with brick wall path to front door. Side drive extends to timber store/small garage. To the rear large fully enclosed lawned rear garden with inset shrubbery, borders, brick wall and panel fence screen.
Each flat is let under an AST and provides a combined yield of approx. 6%. Further details of the individual tenancies can be obtained upon request.