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Three bedroom mid terrace property in centre of Lowestoft
This three bedroom Victorian terrace is located close to Lowestoft town centre, a desirable east Suffolk coastal town. It has been a successful investment property for the past 20 years making this an ideal buy to let opportunity. The main living area is open plan and unusually for a terrace, all three bedrooms are off the landing with boarded loft offering potential. The property benefits from UPVC glazing with gas fired central heating, recently fitted gas boiler, EICR electrics, and has a South facing rear garden. The property is in need of some improvements and updating throughout. Now vacant, the potential yield is in region of £700 pcm once improvements are completed.
Tenure
Freehold
Ground Floor
Open plan sitting/dining area, kitchen, rear hall and bathroom
First Floor
Landing gives access to all three bedrooms
Exterior
Gate leading to south facing fenced rear garden that is in need of attention.
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
East Suffolk Council
Solicitors
England and Co (Great Yarmouth), 7 & 8 South Quay, Ref: Vickie Hurren, Tel: 01493 844308
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £960 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.