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Sponsored Get a Survey — free quotes via ReallyMoving
6 bed flat
Wellesley Road, Great Yarmouth NR30
£325,000
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Price History
Initial price £350,000
Current price £325,000
Price Change 0.0%
Our Summary
- Potential To Increase Rental Income
- Excellent Investment Opportunity
- with potential to increase
- A superb investment opportunity in a sought-after coastal location
- DESCRIPTION **GUIDE PRICE £325,000 TO £350,000** Freehold Block of Five Flats - Excellent Investment Opportunity Close to Beach and Town Centre An outstanding opportunity to acquire this freehold block of five self-contained flats, ideally situated within walking distance of both the seafront and the town centre
- The property comprises: - Two spacious two-bedrooms - Three generous one-bedroom flats All units are in good condition throughout and are currently fully let, generating a combined annual rental income of £34,200, with scope for rental uplift through modernisation or re-letting at current market rates
- Whether you're an experienced investor looking to expand your portfolio or seeking a solid income-generating asset in a prime coastal location, this property offers excellent potential
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Description
The property is a freehold block of five self-contained flats, consisting of two two-bedroom flats and three one-bedroom flats. The flats are located in a prime coastal location, within walking distance of the beach and town centre. All units are in good condition and are currently fully let, generating a combined annual rental income of £34,200.
Each flat has its own kitchen, lounge, and bedrooms, with additional amenities such as double-glazed windows, central heating, and tiled or carpeted flooring.