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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
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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.