>
3 bedroom block of apartments for sale
Grove Road, Lowestoft, NR32
£240,000
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.