Residential investment comprising a three bedroom house and two let flats

This end terrace property comprises of a house and two one bedroom self-contained flats to the rear all on one title. The 42 sq/m ground floor flat 2 is let at £450 pcm (£5,400 pa) and the 43 sq/m first floor flat 4 is let at £595 pcm (£7,140 pa), however is likely to be vacant by the auction. Originally the property was arranged as four flats and so the house could be converted back into two flats subject to the necessary consents. This is an ideal opportunity for an investor looking for a high yielding investment. The property has been in the same family for around forty years. On instruction of power of attorneys

Tenure

Freehold

House (55)

Ground floor: entrance hall, sitting room, conservatory, kitchen/dining room, shower room First floor: landing, two bedrooms, walk in cupboard, wet room, kitchen / bedroom

Ground floor flat (2)

Ground floor: entrance hall, kitchen, shower room, sitting room, bedroom

First floor flat (4)

Ground floor: entrance hall First floor: landing, kitchen, sitting room, shower and wc, bedroom

Outside

Front and side area for house and rear communal yard with lean to for two flats

Council Tax Band

A

Viewings

Viewings are currently being arranged and the next are on Monday 13th January. Please call the Norwich office if you wish to arrange a viewing.

Energy Efficiency Rating (EPC)

Current Rating D & E

Services

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

Local Authority

Great Yarmouth Borough Council

Solicitors

Chamberlins (Great Yarmouth), Ref: Rebekah Leach, Tel: 01493 857621

Additional Fees

Buyer's Premium - £900 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.