Skip to content
Get brand editions for Auction House, Covering East Anglia
SOLD STC

Dunelm House, Great Yarmouth, NR31

Guide Price
£395,000
Added on 18/05/2021
Auction House, Covering East Anglia
PROPERTY TYPE
Block of Apartments

Key features

  • High yielding residential investment producing nearly £32,000 pa
  • Five let self contained units (three flats and two maisonettes)
  • All in good decorative order
  • Guide price: £395,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 11:00am, Wednesday 16th June

Property description

Tenure: Please confirm if this is a freehold or leasehold property with Auction House

SOLD AT AUCTION FOR £430,000

NEXT AUCTION: WEDNESDAY, 28TH JULY, 2021


High yielding residential investment producing nearly £32,000 pa
Five let self contained units

This large detached three storey 1930s property was originally a pair of semi detached houses and then in the 1960s part became a dental surgery. In 2010 it was converted to a high standard into five self contained residential units comprising three flats on the ground floor and two maisonettes on the first and second floors.

Currently all are let producing £31,800 pa. The property is double glazed and each unit is in good decorative order with modern kitchens and bathrooms. The tenants pay their own council tax, gas, electricity and water bills and all are individually metered.

The property is located less than a mile west of the town centre close to a range of services and amenities.

This is an ideal opportunity for an investor looking for a high yielding investment.


Flat One

One bedroom flat let on an Assured Shorthold Tenancy at £475 pcm (£5,700 pa)
Accommodation:
Ground Floor: Entrance hall, sitting room / kitchen, bedroom, bathroom


Flat Two

Two bedroom flat let on an Assured Shorthold Tenancy at £525 pcm (£6,300 pa)
Accommodation:
Ground Floor: Entrance hall, sitting room / kitchen, bathroom, two bedrooms


Flat Three

Two bedroom flat let on an Assured Shorthold Tenancy at £525 pcm (£6,300 pa)
Accommodation:
Ground Floor: Entrance hall, sitting room / kitchen, bathroom, two bedrooms


Unit Four

Two bedroom maisonette let on an Assured Shorthold Tenancy at £550 pcm (£6,600 pa)
Accommodation
First Floor: Entrance hall, sitting room / kitchen, bedroom with en-suite shower
Second Floor: Landing, bathroom, storeroom, bedroom


Unit Five

Two bedroom maisonette let on an Assured Shorthold Tenancy at £575 pcm (£6,900 pa)
Accommodation:
First Floor: Entrance hall, sitting room / kitchen, bedroom with en-suite shower
Second Floor: Landing, bathroom, storeroom, bedroom


Outside

Off road parking to front and side with access via Gloucester Avenue and Middleton Road. Detached garage outbuilding to rear with potential to convert into an additional flat subject to the necessary consents. A proposed plan for this is available to view on our website.


Note

When the refurbishment was completed in 2011 each unit was fully rewired and plumbed with gas central heating and good quality kitchen and bathroom fittings.


Tenure
Freehold

EPC Rating: D

Additional Fees
Administration Charge: £1,290.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Dunelm House, Great Yarmouth, NR31

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Great Yarmouth Station2.8 miles
  • Berney Arms Station4.0 miles
  • Haddiscoe Station5.0 miles
Mortgages
Check mortgage affordability
Powered by Nationwide - Nationwide pays Rightmove a monthly fee made up of a fixed amount and up to 0.35% of each mortgage introduced. It is up to you if you choose Nationwide or a different lender to suit your mortgage needs and circumstances.
Market information
See similar nearby properties
Get brand editions for Auction House, Covering East Anglia

About the agent

Auction House, Covering East Anglia

The Barn Newmarket Road Cringleford Norwich NR4 6UE

Why Use Auction House East Anglia?


    Market position

    Auction House East Anglia are firmly established as East Anglia's no.1 property auctioneers (based on lots sold) and we sell over 80% of lot entries in our local auctions. We hold regular auctions in Norfolk and Suffolk and Cambridgeshire and have offices in Norwich, Kings Lynn, Peterborough and Ipswich.

    Trusted Brand

    Auction House East Anglia is part of the Auctio

    More properties from this agent

    Industry affiliations

    Stamp Duty calculator

    £

    Notes

    These notes are private, only you can see them.

    Staying secure when looking for property

    Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

    Visit our security centre to find out more

    Disclaimer - Property reference ah_eastanglia_1444708_36207. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Covering East Anglia. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Covering East Anglia on 01603 950107.

    *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

    Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

    * This is the average speed from the provider with the fastest broadband package available on comparethemarket.com at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Stickee Technology Limited.

    Map data ©OpenStreetMap contributors.

    Your search history

    You have no recent searches.