7 bedroom house for sale

Overview

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 12 JUNE 2024 AT 10:00AM TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE Impressive Victorian property situated south of the river in a desirable area of Lowestoft. The property which is vacant is divided into three substantial apartments and has been providing a yield of £58,800paFormerly the ground floor was registered for commercial use and was a doctor's surgery, with two apartments on the first and second floors. The current owners purchased in 2013 and with planning consent changed use to residential and converted the surgery into a further apartment (planning ref: DC/18/4470/COU with East Suffolk Council). The apartments have been producing a rental yield when fully let of £58,800 pa, calculated at £40/room x 6 persons x 7 days x 35 weeks. However there is scope for the building and rental yields could be increased. There is interest from companies working on the Sizewell C project and windfarms locally. There is parking for three cars via gated access to the rear of the property.Ground Floor Apartment Front porch, communal entrance hall, sitting room, two bedrooms, bathroom and kitchenFirst Floor Apartment Landing entrance to one bedroom apartment and entrance to three bedroom duplex apartment. One bedroom apartment: Hall, bedroom, shower room, kitchen & sitting room. Three bedroom apartment: Hall with stairs to second floor accommodation, kitchen, sitting room, bedroom with shower roomDuplex Apartment First & Second floor Three bedroom apartment: First floor accommodation hall with stairs to second floor, kitchen and bedroom. Second floor accommodation landing, lounge. two bedrooms and family bathroom.Exterior Walled and gated front garden leads to entrance this area is paved for easy maintenance. Large gates open onto the rear garden which offers hardstanding for three vehicles, this could be turned into garden if required.Council Tax Band ATenure: FreeholdEPC Rating: Please refer to Legal PackAdministration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.Buyer's Premium Fee: £960 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion. For more details and to contact: https://realtyww.info/houses_lowestoft-d196589/for-sale_i71811656