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 summarized version of the property description in a single paragraph: This prime investment opportunity in the heart of Lowestoft offers three separate flats, each with tenants in situ, generating a good yield potential of up to 6.7%. The property is situated within walking distance to the town centre, with local amenities and award-winning beaches nearby. Each flat has its own unique features, including UPVC sash windows, carpet flooring, and modern kitchens and bathrooms. Flat 1 currently achieves £525pcm, Flat 2 £490pcm, and Flat 3 £425pcm, with potential to increase to £550pcm, £525pcm, and £475pcm respectively. With a freehold opportunity and proximity to local amenities, this property promises both convenience and profitability for the savvy investor.