St. Lukes Terrace, Great Yarmouth 1 bed flat for sale

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St. Lukes Terrace, Great Yarmouth 1 bed flat for sale

St. Lukes Terrace, Great Yarmouth
£25,000

Our Summary

  • *AUCTION GUIDE £25,000* Aldreds are pleased to offer this ground floor flat which offers an ideal investment opportunity
  • The flat does require some further modernisation and offers a rear entrance to the kitchen, living room, bedroom and shower room
  • Auctioneers Comments - The property is for sale by the Modern Method of Auction allowing the buyer and seller to complete within a 56 day reservation period
  • Ideal Investment Opportunity
  • Requiring Further Modernisation

Description

This ground floor flat in Great Yarmouth is being sold at auction for £25,000 and offers an ideal investment opportunity. The property requires some modernisation and has a rear entrance to the kitchen, living room, bedroom, and shower room. It also features a small yard area, gas central heating, and double-glazed windows. The flat has a 99-year lease from 1988, with 62 years remaining, and the freehold transfer of the building is included, allowing the new owner to provide a fresh lease at a longer timescale if desired. The property is located in a convenient area with access to local amenities, schools, and public transportation. The auctioneers comment that the property is being sold using the Modern Method of Auction, allowing the buyer and seller to complete within a 56-day reservation period.