FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 22ND OCTOBER 2025
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A two bedroom house and two self contained flats all currently let producing £18,000paA well-located freehold property comprising a two-bedroom two-storey townhouse and two self-contained flats, all currently let on Assured Shorthold Tenancies producing a combined annual income of £18,000. Each unit benefits from uPVC double glazing and gas central heating.
Conveniently situated within walking distance of Lowestoft’s seafront, shops, and local amenities, the property offers an excellent investment opportunity with immediate rental income and future potential for enhancement or reconfiguration (subject to consents).Accommodation The property is arranged as three individual units: 16 A 2 bedroom townhouse arranged over two floors, let for £700pcm from 19.03.25 16a A one-bedroom ground floor studio flat, let for £400 pcm 21.02.22 16b A one-bedroom ground floor flat, Let for £400 pcm from 01.11.19 Viewings Viewings are available by appointment only. To book a viewing please contact the Norwich office. Council Tax Band ATenure: FreeholdEPC Rating: D, D, 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.
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.
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