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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 features three separate flats, each with tenants in situ, offering a good yield potential of up to 6.7%. The property is conveniently located within walking distance to the town centre, with local amenities and excellent schools nearby. The flats are well-appointed, with modern fixtures and fittings, and each has its own unique features. Flat 1 has a lounge, bedroom, and kitchen, while Flat 2 has a lounge, bedroom, and kitchen with a separate bathroom. Flat 3 has a bedroom and kitchen with a shower room. The property has a good EPC rating, with each flat achieving a yield of up to £550pcm, £525pcm, and £475pcm respectively. This is an excellent investment opportunity for the savvy investor, offering both convenience and profitability.