Lot 30 - 47 London Road South, Lowestoft, Suffolk, NR33 0AF

  • Unconditional Online Auction Sale
  • Guide Price* : £200,000
  • Bedrooms: 6
  • Bathrooms: 2
  • Reception Rooms: 2

Addendum

Will go to auction on 14 December 2023

LANDMARK AUCTIONS ARE PLEASED TO OFFER FOR SALE BY PUBLIC AUCTION ON : Thursday, 2 NOVEMBER 2023


Description

Six bedroom property with two fitted kitchens.

This mid-terrace property comprises a large reception room, two bathrooms, two kitchens, one which has space for a breakfast table and t six bedrooms. This investment property would make an excellent Airbnb given its seaside location in an award winning resort known for its sandy beaches.

Tenure

A freehold investment with potential rental income circa £2500 pcm

Accommodation

Large Kitchen / Breakfast room
Second Fitted Kitchen
Family bathroom
Shower Room
Six Bedrooms
Courtyard Style Garden
WC with basin

Location

The property is situated on a mixed use road close to local shops and amenities. Lowestoft's South Beach is within easy reach. Transport links are provided by Lowestoft rail station.

Tenancy

While currently untenanted there is a proven track record of rentals up to £3000 pcm.

Sector

Residential

Yield

13.3%

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Agreement Documents

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