3 bedroom block of apartments for sale

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3 bedroom block of apartments for sale

Grove Road, Lowestoft, NR32
£240,000

Price History

Initial price £275,000
19/03/24 £250,000
20/03/24 £275,000
21/03/24 £250,000
16/10/24 £240,000
Price Change -12.73%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: 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 situated within walking distance to the town centre, with local amenities, award-winning beaches, and breath-taking Victorian seafront gardens. Each flat has its own unique features, including UPVC sash windows, carpet flooring, and modern kitchen and bathroom facilities. 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. This freehold opportunity presents a convenient investment option for savvy investors, with a bus station and train station nearby, offering regular services to Norwich and surrounding areas.