Residential investment comprising a two bedroom flat let producing £6,760 pa

This two bedroom flat with accommodation over two floors extends to around 724 sq/ft. It is currently let at £130 per week (£6,760 pa) on a periodic six month assured shorthold tenancy dated 17th May 2024. The property was fully refurbished around a year ago and benefits from electric heating and has double glazed windows. The property is located around half a mile south of the town centre near to a comprehensive range of amenities. It benefits from a good epc C rating making it ideal as a buy to let investment.

Tenure

Leasehold. 999 years from 1st May 1990

Lower ground floor

Two bedrooms

Ground floor

Kitchen, dining room, living room, shower room

Outside

Rear yard

Council Tax Band

A

Energy Efficiency Rating (EPC)

Current Rating C

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

22 Law, Ref: Claire Stanton, Tel: 0191 432 4408

Additional Fees

Buyer's Premium - £600 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.