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5 bed flat
Barkis Road, Great Yarmouth NR30
£220,000
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Our Summary
- Freehold investment opportunity
- Offering immediate rental income and excellent long-term investment potential, this property is an ideal addition to any buy-to-let portfolio
- Key Features - Freehold included in the sale - Two fully tenanted residential flats - Seller owns the freehold and both residential flats - Ground floor convenience store held on a 999-year lease - Immediate rental income with future growth - Popular location close to shops, schools, transport links, the town centre and seafront - Established tenants in situ - Excellent investment opportunity This is a rare opportunity to acquire the freehold and two income-producing residential flats, offering immediate rental income, future rental growth, and long-term investment potential
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Description
The property is a freehold building on Barkis Road in Great Yarmouth, comprising two fully tenanted residential flats and a ground floor convenience store. The residential accommodation includes a 2-bedroom flat let at £800 pcm and a 3-bedroom flat let at £850 pcm, with projected rental income of £1,700 pcm. The building is located near local amenities, schools, public transport links, and the town centre, and is close to the seafront.