Tenanted three bedroom mid terrace property in centre of Lowestoft producing a yield of £9,300 pa

This three bedroom Victorian terrace is located close to Lowestoft town centre, a desirable east Suffolk coastal town. Recently let on standard AST at £775 pcm (£9,300 pa) it has been a successful investment property for the past 20 years making this an ideal buy to let opportunity. The property is in need of some improvements and updating throughout. 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.

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

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.