FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 18TH JUNE 2025 AT 10:00AM. TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITEHighly productive seven bedroom house of multiple occupation, fully let produces £44,160 paThis large hall entrance terrace house has been converted into a highly productive seven bedroom HMO which when fully let produces a gross income of £3,680 pcm. The property is very central to Lowestoft being within a short walk of the town centre and railway station.
The property has been maintained in good order and is ideal for the experienced investor looking for a high yielding investment.Ground Floor Hall, bedroom, dining room, kitchen, shower room, utility, basement. First Floor Landing four bedrooms, bathroom, wc. Second Floor Landing two bedrooms. Outside The rear garden provides off road parking Council Tax Band C Viewings Viewings are available by appointment only. To book a viewing please contact the Norwich office. Require a Mortgage or Loan? We strongly advise that your finance is fully approved prior to bidding. Please be aware that an Agreement in Principle (AIP) may not be sufficient. Should your lender be unable to proceed post-auction, you risk losing your deposit and incurring significant costs.
To ensure you are fully prepared, contact our team today to discuss auction finance options and secure funding before bidding.Tenure: FreeholdEPC Rating: EAdministration Fee: £1200 inc VAT payable on exchange of contracts.Buyer's Premium Fee: £600 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.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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.
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