Sourced Approved Investment

10% BTL Flat East - Apartment

£ 55,000

Added: 19/02/2025

Profit pa£6,057

ROCE67%

Yield10%

Property description

Strategy: Buy to Let

An apartment on the ground floor, of this private purpose built block. The apartment has been renovated to a nice modern standard. The property is located close to the famous Great Yarmouth seafront and over looks the converted Royal Naval Hospital.
Close to the seafront and local amenities, this beautiful refurbished flat is the perfect addition to a buy to let portfolio. Giving a 10% yield and a £600pcm income, this property is placed perfectly for local professional or first time renting couple.

This is a leasehold property which started with 999 year lease from 1990. The service charges are approx. £423 a year and the ground rent is £75 a year.

Entrance

Communal door into the communal hallway.

Communal Hallway

Wooden door into lobby area.

Flat Hallway

Wood style flooring, spotlights, opening to kitchen and door to bedroom.

Lounge/Diner

14'11" x 10'9" (4.57m x 3.30m)

Wood style flooring, double glazed bay window, two electric mounted wall heaters, spotlights in kitchen area, range of wall and base units with a space for fridge freezer and plumbing for washing machine, stainless steel sink and drainer with mixer tap, tiled splash backs, built in oven and ceramic hob with cooker hood over.

Bedroom

12'4" x 7'6" (3.76m x 2.31m)

Fitted carpet, wall mounted electric heater, double glazed window, spotlights, two built-in cupboards, one housing immersion tank and door to bathroom.

Bathroom

Tiled floor, low level WC, hand wash basin set in vanity unit with mixer tap, panelled bath with mixer tap and shower screen, wall mounted shower, tiled walls, spotlights and extractor fan.

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Sourced reference: 171363749426143

Disclaimer

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.

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Due diligence

No information supplied.

Sales Agent

Mr Steve Moyse

Meadow View (Norwich) Ltd

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