Six-bedroom income-generating rental property towards the centre of Lowestoft.

The property comprises six bedrooms and is located towards the centre of Lowestoft. Benefiting from a range of local amenities and proximity to the train station, the property is well-maintained and has a large garden to the rear. The property is currently generating an income of £22,500 per annum and once fully let could generate in excess of £33,000 per annum. It will be the responsibility of the successful buyer to apply for a new HMO License.

Tenure

Freehold

Ground Floor

Bedroom 1, bedroom 2, bedroom 3, utility room, WC, kitchen and dining room

First Floor

Bedroom 4, bedroom 5, bedroom 6 and bathroom

Outside

Garden to rear

Council Tax Band

B

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

East Suffolk Council

Solicitors

Stapley and Co, Ref: Ian Mothew, Tel: 0208 502 1934

Additional Fees

Buyer's Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.