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SOLD STC

London Road South, LOWESTOFT

Key features

  • SUPERB INVESTMENT OPPORTUNITY
  • SUBSTANTIAL 3 STOREY BUILDING
  • 1 x ONE & 2 x TWO BEDROOM APARTMENTS
  • FULLY LET AST PRODUCING £1,650 PER CALENDER MONTH (£19,800 pa)
  • CAR PARKING FOR EACH UNIT
  • WALKING DISTANCE TO BEACH
  • WIDE RANGE OF SHOPS ON YOUR DOOR STEP

Description

Located on London Road South, Lowestoft, this substantial 3 storey property presents a remarkable investment opportunity. Currently configured as three spacious apartments, this house generates an impressive rental income of £1,650 per calendar month (£19,800 pa), making it an attractive prospect for both seasoned investors and those new to the property market.

The ground floor apartment boasts its own private garden, providing a delightful outdoor space, and each unit benefits from dedicated rear car parking, ensuring convenience for all residents.

Conveniently situated, residents can enjoy a day on the beach and even take in a swim if they want too. There is also a wide range of shops, bars and restaurants, making this an excellent location which not only enhances the living experience but also adds to the property's rental appeal.

In summary, this property on London Road South is a fantastic opportunity for those looking to invest in a versatile and well-located building. With its spacious apartments, private garden, and proximity to the beach, it is sure to provide an excellent long term investment.

Entrance Hall - timber sash window to side aspect, vinyl flooring, door opening to flat 1 and stairs leading to flats 2 and 3.

Flat 1 (Ground Floor) -

Entrance Hall - door opening to communal hallway, carpet and vinyl flooring, doors opening to storage cupboard with gas combi boiler inside, under stairs storage cupboard, bedroom, sitting room, kitchen diner and upvc double glazed door to side aspect opening to garden.

Sitting Room - double glazed sash window to front aspect, carpet flooring, radiator, picture rail, gas fire.

Bedroom - upvc double glazed window to rear aspect, carpet flooring, radiator, doors opening to built in wardrobes.

Kitchen/Diner - upvc double glazed window to side aspect, vinyl flooring, part tiled walls, radiator, units above and below, gas oven, stainless steel sink with drainer, space for washing machine, tumble dryer and fridge freezer, door opening to rear hall.

Rear Hallway - vinyl flooring, door opening to bathroom.

Bathroom - upvc double glazed window to side aspect, vinyl flooring, part tiled walls, wc, pedestal washbasin, bath with handheld shower attachment, radiator.

Outside - This flat comprises of an allocated garden to the rear which consists of a laid lawn garden with decked seating areas, paved walkway leading up to a door opening to an outhouse and timber garden gate opening up to an additional shared garden area.

Flat 2 (Second Floor) -

Entrance Hall - carpet flooring, doors opening to lounge/diner, bathroom, bedrooms 1 and 2.

Lounge/Diner - double glazed sash window to front aspect, carpet flooring, gas fire, radiator, opening to kitchen.

Kitchen - double glazed sash window to front aspect, vinyl flooring, part tiled walls, units with space below for a washing machine, stainless steel sink with drainer, electric oven, gas combi boiler.

Bathroom - timber single glazed window to side aspect, part tiled walls, vinyl flooring, radiator, wc, pedestal washbasin, bath with handheld shower attachment.

Bedroom 1 - upvc double glazed window to rear aspect, carpet flooring, radiator.

Bedroom 2 - x2 upvc double glazed windows to rear and side aspect, carpet flooring, radiator.

Outside - This flat has an allocation of 1 off road parking space to the rear of the property and access to a shared shingle courtyard.

Flat 3 (Third Floor) -

Entrance Hall - timber single glazed sash window to side aspect, carpet flooring, loft hatch, doors opening to storage cupboard, lounge/diner, bathroom and bedroom 1 and 2.

Lounge/Diner - double glazed sash window to front aspect, carpet flooring, gas fire, radiator, opening to kitchen.

Kitchen - double glazed sash window to front aspect, vinyl flooring, part tiled walls, units with space below for a washing machine, stainless steel sink with drawer, gas combi boiler.

Bathroom - timber single glazed window to side aspect, part tiled walls, vinyl flooring, radiator, wc, pedestal washbasin, bath with handheld shower attachment.

Bedroom 1 - upvc double glazed window to rear aspect, carpet flooring, radiator.

Bedroom 2 - x2 upvc double glazed windows to rear and side aspect, carpet flooring, radiator.

Outside - This flat has an allocation of 1 off road parking space to the rear of the property and access to a shared shingle courtyard.

Tenure - Freehold

Council Tax Band - All the flats are band 'A'.

Material Info - The flats have:
Mains Gas, Electric, water & sewerage
Flood Risk Info: Very low
* Broadband: Ultrafast 10000mbps
* Mobile: 02, EE, THREE, VODAFONE ALL LIKELY
* Disclaimer: This information is based on predictions provided by Ofcom. Applicants should carry out their own enquiries to satisfy themselves that the coverage is adequate for their requirements.

Note: - There is a general conservation area in Kirkley which 279 is part of, the tenancy agreement states no sub letting.

Brochures

London Road South, LOWESTOFTBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Residents
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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London Road South, LOWESTOFT

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About Hardimans Estate Agents, Lowestoft

134 London Road North, Lowestoft, NR32 1HB
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Welcome To Hardimans

Hardimans recognise that quality of service, along with a knowledgeable, helpful and practical approach for both vendors and purchasers, are the keys to success.

A good proportion of our business is by recommendation and we are proud and work hard to reinforce the good reputation that we enjoy.

A member of the NAEA (National Association of Estate Agents), we also subscribe to the Ombudsman Scheme for Estate Agents and our Lettings Manager Dawn Mailley is a member of ARLA (The Association of Residential Letting Agents).

"Whether selling, buying or letting Hardimans offer traditional Estate Agency values that combine seamlessly with modern sales and marketing techniques - the difference is a tailored service as individual as you

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£1,141
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 34483259. 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 Hardimans Estate Agents, Lowestoft. 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.

*This is the average speed from the provider with the fastest broadband package available 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 Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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