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6 bedroom flat for sale
Wellesley Road, Great Yarmouth NR30
£350,000
Wellesley Road, Great Yarmouth NR30
£350,000
Our Summary
- with potential to increase
- A superb investment opportunity in a sought-after coastal location
- DESCRIPTION**NEW TO MARKET** Freehold Block of Five Flats - Excellent Investment Opportunity Close to Beach and Town CentreAn 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 flatsAll 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
- Excellent Investment Opportunity
- Potential To Increase Rental Income
Description
This freehold block of five well-presented flats is located just a short walk from the beach and town centre, making it an excellent investment opportunity. The property comprises two two-bedroom and three one-bedroom units, all of which are currently fully let and generating a combined annual rental income of £34,200. With potential to increase rental income through modernization or re-letting at current market rates, this property offers a solid income-generating asset in a prime coastal location. The flats are in good condition throughout and feature a range of modern amenities, including double glazed windows, radiators, and fitted kitchens and bathrooms. With early viewing highly recommended, this property is an attractive opportunity for investors seeking a secure and profitable investment in a sought-after location.