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

Price History

Initial price £275,000
20/03/24 £275,000
21/03/24 £250,000
16/10/24 £240,000
28/03/25 £230,000
Price Change -16.36%

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.