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Tonning Street, Lowestoft, Suffolk 5 bed terraced house for sale
Tonning Street, Lowestoft, Suffolk NR32
£230,000
Tonning Street, Lowestoft, Suffolk NR32
£230,000
Our Summary
- This investment presents an excellent opportunity for those looking to add a versatile property with scope to enhance to their portfolio
- Ideal investment opportunity with immediate income
Description
This property is a block of three self-contained flats located in the heart of Lowestoft, a coastal town in Suffolk. The flats have been converted from a single property and each features gas-fired central heating and UPVC double glazing. The property is currently tenanted, generating a combined monthly income of £1,690, and offers a strong gross rental yield of 8.11%. The flats have practical living accommodation, including fitted kitchens and shower rooms, and each has its own unique features, such as a private rear courtyard for Flat 1. The property is conveniently located near the town centre, local amenities, schools, and transport links, making it an excellent investment opportunity for those looking to add a versatile property to their portfolio.