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Grove Road, Lowestoft, NR32 3 bed block of apartments for sale
Grove Road, Lowestoft, NR32
£230,000
Grove Road, Lowestoft, NR32
£230,000
Our Summary
- Presenting a PRIME INVESTMENT OPPORTUNITY in the heart of Lowestoft, this property features three separate flats, each with tenants in situ
- Summary - Presenting a prime investment opportunity in the heart of Lowestoft, this property features three separate flats, each with tenants in situ
- EPC Rating: E47Currently achieving £525pcm but has the potential to achieve up to £550pcmFlat 2 - Entrance Hall Carpet flooring throughout, doors to lounge, bedroom and kitchen
- EPC Rating: D58Currently achieving £490pcm but has the potential to achieve up to £525pcmFlat 3 - Entrance Hall Carpet flooring throughout, doors open to bedroom and kitchen
- EPC Rating: D62Currently achieving £425pcm but has the potential to achieve up to £475pcmAgent Note - Each of these flats are currently tenanted, please be aware that the property details could be subject to change
Description
This prime investment opportunity in the heart of Lowestoft offers a good yield potential of up to 6.7% and features three separate flats, each with tenants in situ. The property is situated within walking distance to the town centre, close to local amenities, and has a convenient investment option. The flats are each well-appointed with modern fixtures and fittings, including UPVC windows, carpet flooring, and kitchen appliances. The current rental income is £525, £490, and £425 per month, respectively, but has the potential to achieve up to £550, £525, and £475 per month, respectively. With a freehold title and EPC ratings of E47, D58, and D62, this property promises both convenience and profitability for the savvy investor.