Investment opportunity! This property has been previously refurbished from top to bottom, while retaining many period features. Benefiting from a good sized shop with kitchen, bathroom and basement currently let at £6600 per annum. The maisonette has own entrance to the side. There are three double bedrooms, a good size sitting room and a utility room, generous sized kitchen and bathroom. Access to a first floor courtyard garden. Currently let generating £10,200 per annum. The offices are to the rear with their own access and laid out over two floors with potential for many uses subject to planning approval, potential rent £6000-£8000 per annum.
Full Description - Investment opportunity! Benefiting from a good sized shop currently let at £6600 per annum. The maisonette currently let generating £10,200 per annum. This is bringing in £16,800 per annum with the potential to reach around £25,000 Circa which is a yield of 10% per annum.
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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Howard Street South, Great Yarmouth NR30 - Streetview
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