SOLD STC
Sold With Tenant In Situ
Yield of Approximately 7.4%
Kept in Fantastic Order
Highly Sought After Location
Brilliant Fixtures and Fittings
Communal Car Park and Garden
A fantastic opportunity for investment in one of the most historic properties set in one of the most sought after seaside locations in Lowestoft. Being merely a stone's throw to the beach and sea, the property presents spacious and well planned accommodation spread across three storeys, all kept in fantastic condition by a long term sitting tenant providing a solid yield of approximately 7%.
The property, which is 1 one of only 11 in this central Lowestoft locality, boasts gas central heating throughout, sealed unit double glazing and brilliant fixtures and fittings. To the rear of the property there is a generous communal garden providing sea views, and a communal car park to the front. The home is a truly fantastic investment, presenting a small slice of Lowestoft's vibrant heritage, where an internal inspection is recommended to avoid disappointment.
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.
Carpeted, front door.
17'7" × 8'9" (5.36m × 2.67m)
Fully carpeted, sealed unit double glazed windows, integral storage cupboard, radiator, power points, stairs to 2nd floor.
18'0" × 5'4" (5.49m × 1.63m)
Range of wooden wall and base mounted storage cupboards set around extended work surfaces with tiled splashback and flooring and inset sink with mixer tap, sealed unit double glazed window, slot for fan oven, integral overhead extractor hood, power points, radiator, fully carpeted dining area.
16'8" × 14'7" (5.08m × 4.45m)
Fully carpeted, Velux windows, radiator, power points.
10'3" × 9'10" (3.12m × 3m)
Fully carpeted, radiator, sealed unit double glazed window, integral storage cupboard, power points.
Full suite comprising of w/c, pedestal sink with mixer tap and panel bathtub complete with an electric shower head, radiator, extractor fan and tile flooring and splashback.
Communal enclosed lawned garden to the front offering sea views, to the rear of the property is communal parking.
Currently Sold with Long Term Sitting Tenant Providing Approx 7% Yield Council Tax Band: A Service Charge/Ground Rent Approximately £600 PA Lease Length Approx: 130 Years Remaining When purchased, an owner is entitled to a 1/11 share of the freehold