Grove Road, Lowestoft, NR32 3 bed block of apartments for sale

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Grove Road, Lowestoft, NR32 3 bed block of apartments for sale

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 presents a freehold property with three separate flats, each with tenants in situ. The property offers a good yield potential of up to 6.7% and is conveniently located within walking distance to the town centre, with local amenities and public transportation links nearby. The three flats, each with its own unique features, have the potential to achieve up to £550, £525, and £475 per month, respectively. With an EPC rating of E47, D58, and D62, the property has the potential to attract a steady stream of tenants and provide a profitable investment opportunity for the savvy investor.