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Terraced house for sale
King Street, Great Yarmouth, NR30
£350,000
King Street, Great Yarmouth, NR30
£350,000
Our Summary
- ***INVESTMENT OPPORTUNITY***Ground floor retail unit and three self contained flats with a total income o£37,580 PA
Description
This investment opportunity presents a ground floor retail unit and three self-contained flats, generating a total income of £37,580 per annum. The shop is currently rented to Age UK for £15,500 per annum, offering a return of over 10%. The three flats, located on the first and second floors, are tenanted on assured shorthold tenancies, totaling £22,080 per annum, with a yield of over 10%. The flats, including communal areas, were updated in 2024. The property benefits from a prominent location in the town center, with mains services available, and an EPC awaiting. This investment offers a strong yield and potential for long-term growth.