A four bedroom hall entrance terrace house currently tenanted producing a gross income of £1700 pcm (£20,400 pa)

A large Edwardian terrace house close to the sea front and town centre, tastefully modernised, now tenanted and has four bedrooms with shared facilities. The landlord is responsible for service and cleaning costs but the gross income is £20,400 per annum. The property does have a gas fired central heating system, sealed unit double glazing and potential off road parking within the rear garden. The property provides a significant income or would make a spacious family home. Great Yarmouth has a comprehensive range of shops and amenities including regular bus and rail service to all major local centres including Norwich.

Tenure

Freehold

Ground Floor

Hall, lounge, dining room, kitchen, utility room, cellar

First Floor

Landing, four bedrooms, bathroom

Outside

Small front garden, fully walled rear garden with timber store/workshop with WC and sink and potential off road parking space

Tenancy Details

Rooms 1-3 are let on a rolling periodic tenancy £450 pcm, room 4 is slightly smaller but also let on a rolling periodic tenancy £350 pcm, There are shared kitchen, bathroom and lounge facilities. The landlord currently pays for services and cleaning.

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

Mears Hobbs and Durrant (Lowestoft), Ref: Richard Temple, Tel: 07908 987100

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.