Residential investment comprising a two bedroom terrace house let producing £6,600 pa

This two bedroom mid terraced property is currently let at £550 pcm to a long established tenant who has been in occupation for around 12 years. The current rolling assured shorthold tenancy agreement is dated 30th September 2021. The property requires some improvement and benefits from gas central heating and has double glazed windows. The property is located north of the town centre near to a comprehensive range of amenities. It would make an ideal purchase for a buy to let investor.

Tenure

Freehold

Ground floor

Sitting room, dining room, kitchen, bathroom

First floor

Two bedrooms

Outside

Small front area for bin storage, rear garden

Energy Efficiency Rating (EPC)

Current Rating D

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

Birketts (Norwich), Ref: Victoria Pollington, Tel: 01603 756567

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.