- Two x 2 bed flats +
- Let producing £11,880pa +
- Near sea front +
- Long standing tenants +
- Guide: £50,000 - £70,000 +
- For sale by auction +
- Unless previously sold or withdrawn prior +
- 11:00am - Wednesday, 11th September 2024 +
SOLD AT AUCTION - £70,000
2 two bedroom flats near sea front, let to established tenants, current rent £11,880pa
A town house located just off the sea front currently arranged as a ground and first floor apartment, each with two bedrooms and self contained amenities. The tenants have been in occupation for many years and currently pay rents of £390 pcm (Ground Floor) and £600 pcm (First Floor), the combined rental income is £11,880 pa, tenants are responsible for their own utilities.
This is a highly productive investment close to the town centre and beach.
Ground Floor Flat 1a: Lounge, kitchen, two bedrooms, bathroom, small enclosed courtyard.
First Floor Flat 1: Landing, lounge, kitchen, two bedrooms, bathroom.
Council Tax Band A
Viewings Viewings are in conjunction with the tenants and the next are on Wednesday 4 September. To book a time slot please call the Norwich office.
Tenure: Freehold
EPC Rating: F
Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £480 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.