- Yield 9.3% +
- Total income £15,000 P/A +
- Containing three flats +
- One bedroom in each flat +
- On-road parking available +
- In close proximity to all local amenities and natural surround +
Investment opportunity in the heart of Great Yarmouth! This mid-terrace HMO property offers a fantastic chance for investors or buyers seeking a versatile multi-unit dwelling. Comprising three self-contained one-bedroom flats, each with a reception/kitchen and bathroom, the property currently generates a total annual rental income of £15,000. Ideally located on St. Nicholas Road, residents enjoy easy access to local shops, restaurants, schools, and the stunning seafront, while excellent transport links make commuting a breeze. With on-road parking and a convenient, central location, this property combines coastal charm with practical investment potential.
Location
St. Nicholas Road, located in the vibrant coastal town of Great Yarmouth, offers a convenient and well-connected setting for residents. Situated in the heart of this bustling seaside town, St. Nicholas Road provides easy access to an array of amenities, including local shops, restaurants, schools, and recreational facilities. Great Yarmouth is celebrated for its picturesque coastline, offering pristine sandy beaches and stunning seafront promenades, perfect for leisurely strolls and enjoying the sea breeze. The town is rich in history and culture, with numerous historical landmarks and attractions, including the iconic Britannia Pier and the Sea Life Centre. This location benefits from excellent transportation links, ensuring swift commutes to nearby towns and cities, making St. Nicholas Road an ideal spot for those looking to embrace coastal living with urban convenience.
St. Nicholas Road
These one-bedroom flats in a mid-terrace offers a unique and attractive living arrangement in a prime location. With on-road parking available, proximity to local amenities, and natural surroundings, this property is sure to appeal to individuals seeking convenience, comfort, and a well-rounded living experience.
The property is divided into three separate living accommodations each with a reception/kitchen, one bedroom and bathroom they current achieve £450PCM, £450PCM and £350PCM - annual total of £15,000.
Agents Note
We understand that this property is freehold.
Each flat on their own utilities.
Council Tax Band: All flats are council tax band A.
Please call our Caister office for further information.
EPC Rating: E
Disclaimer
Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with AML regulations, £52 is charged to each buyer which covers the cost of the digital ID check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.