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SUMMARY
William H Brown Lowestoft are thrilled to present this exciting investment opportunity to own the Freehold of these Five flats on Wellington Esplanade, already sold with tenants in situ! The property is located just a stone's throw from Lowestoft's award-winning beaches.
DESCRIPTION
William H Brown are pleased to present this unique opportunity to purchase FIVE One Bedroom flats overlooking the stunning Lowestoft sea front. The property consists of Five units, with Three One Bedroom apartments and Two Studio apartments. The property has been successfully let for a number of years, with an annual rental income of approximately £2100. Off street parking can also be found to the rear of the property, suitable for multiple vehicles. Available only to investors, with all units currently offering tenants in situ, this property is an absolute must view! Please call to book a viewing today!
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Accommodation
Externally
Communal area leading to all flats access with front and rear communal garden. Communal parking to the Rear aspect.
Flat 1
EPC D - Council Tax Band: A
Entrance Hall
Large Built in Storage Cupboard, Laminate wood effect flooring.
Lounge/ Living Area 10' x 13' 10" ( 3.05m x 4.22m )
Double glazed Bay window to Front aspect, Built in storage, Electric radiator, Carpet flooring.
Kitchen 14' 2" x 7' 8" ( 4.32m x 2.34m )
Double glazed window to Rear, Partially tiled walls, Fitted Kitchen units and Work surfaces, Sink and drainer unit, Space for Cooker and Fridge Freezer, Plumbing for washing machine, Electric radiator, Laminate wood effect flooring.
Bathroom
Partially tiled walls, WC, Wash hand basin, Extractor fan, Walk in Shower, Laminate wood effect flooring.
Flat 2
EPC C - Council Tax Band: A
Entrance Hall
Access to Kitchen, Storage space, Carpet flooring.
Lounge/ Living Room 16' 5" x 13' 10" ( 5.00m x 4.22m )
Double glazed Bay window to Front aspect, Sea views, Built in storage, Power points, Carpet flooring.
Kitchen 10' 3" x 8' 11" ( 3.12m x 2.72m )
Double glazed window to Rear aspect, Partially tiled walls, Fitted units and work surfaces, Sink and drainer unit, Space for Cooker and 50/50 Fridge Freezer unit, Lino tile effect flooring.
Bathroom
Partially tiled walls, WC, Wash hand basin, Shower cubicle, Extractor fan, Lino flooring.
Flat 3
EPC Rating: C - Council Tax Band: C
Entrance Hall
Access to Lounge, Kitchen, Bedroom 1 and Bathroom, Carpet flooring.
Lounge 16' 4" Plus Bay x 12' 1" ( 4.98m Plus Bay x 3.68m )
Bay window to Front aspect with Sea views, Electric radiator, Power points, Carpet flooring.
Kitchen 14' 3" x 9' 3" ( 4.34m x 2.82m )
Double glazed window to Rear aspect, Fitted Kitchen Units and work surfaces, Sink and drainer unit, Built in storage, Space for Cooker, Plumbing for washing machine, Space for 50/50 Fridge freezer unit, Lino flooring.
Bedroom 1 13' 1" x 7' 5" ( 3.99m x 2.26m )
Double glazed window to Front aspect, Electric radiator, Power points, Carpet flooring.
Bathroom
Partially tiled walls, WC, Wash hand basin, Shower cubicle, Extractor fan, Wood effect laminate flooring.
Flat 4
EPC Rating: C - Council Tax Band - A
Entrance Hall
Access to all Rooms; Lounge, Kitchen, Bedroom and Bathroom, Carpet flooring.
Lounge 16' 4" x 12' 7" ( 4.98m x 3.84m )
Double glazed window to Front aspect with Sea views, Built in storage, Electric Radiator, Power points, Carpet flooring.
Kitchen 14' 4" x 9' 4" ( 4.37m x 2.84m )
Double glazed window to Rear aspect, Partially tiled walls, Sink and drainer unit, Fitted Kitchen units and work surfaces, Space for cooker, Electric Radiator, Plumbing for washing machine, 50/50 Fridge freezer unit, Lino flooring.
Bedroom 1 12' 4" x 6' 11" ( 3.76m x 2.11m )
Double glazed window to Front aspect, Built in Wardrobe, Electric radiator, Power points, Carpet flooring.
Bathroom
Partially tiled walls, WC, Wash hand basin, Vanity unit, Shower cubicle, Lino flooring.
Flat 5
EPC Rating: E - Council Tax Band: A
Entrance Hall
Access to all rooms; Kitchen, Lounge, Kitchen, Bedroom and Bathroom, Carpeted stairs and landing flooring.
Lounge 16' 2" x 12' 7" ( 4.93m x 3.84m )
Double glazed window to Front aspect, Two electric radiators, Power points, Carpet flooring.
Kitchen 14' 3" x 9' ( 4.34m x 2.74m )
Double glazed window to Rear aspect, Partially tiled walls, Fitted Kitchen units with work surfaces, Sink and drainer unit, Plumbing for washing machine, Space for cooker, Space for 50/50 Fridge freezer space, Electric Radiator, Wood effect flooring.
Bedroom 1 12' 2" x 6' 9" ( 3.71m x 2.06m )
Double glazed window to Front aspect, Storage Cupboard/ Wardrobe, Power points, Carpet flooring.
Bathroom
Partially tiled walls, WC, Wash hand basin, Shower cubicle, Radiator, Lino flooring.
Agents Note
The vendor is selling the Freehold title which is made up of 5 individual flats. The individual flats are not currently registered with land registry. Please make enquires with the branch and seek guidance in respect of any lending requirements. Your conveyancer can advise you on this type of purchase and timeframes involved.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY. Back to listing
Full details for 5 Bedroom Property For Sale in Lowestoft
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Description
SUMMARY
William H Brown Lowestoft are thrilled to present this exciting investment opportunity to own the Freehold of these Five flats on Wellington Esplanade, already sold with tenants in situ! The property is located just a stone's throw from Lowestoft's award-winning beaches.
DESCRIPTION
William H Brown are pleased to present this unique opportunity to purchase FIVE One Bedroom flats overlooking the stunning Lowestoft sea front. The property consists of Five units, with Three One Bedroom apartments and Two Studio apartments. The property has been successfully let for a number of years, with an annual rental income of approximately £2100. Off street parking can also be found to the rear of the property, suitable for multiple vehicles. Available only to investors, with all units currently offering tenants in situ, this property is an absolute must view! Please call to book a viewing today!
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Accommodation
Externally
Communal area leading to all flats access with front and rear communal garden. Communal parking to the Rear aspect.
Flat 1
EPC D - Council Tax Band: A
Entrance Hall
Large Built in Storage Cupboard, Laminate wood effect flooring.
Lounge/ Living Area 10' x 13' 10" ( 3.05m x 4.22m )
Double glazed Bay window to Front aspect, Built in storage, Electric radiator, Carpet flooring.
Kitchen 14' 2" x 7' 8" ( 4.32m x 2.34m )
Double glazed window to Rear, Partially tiled walls, Fitted Kitchen units and Work surfaces, Sink and drainer unit, Space for Cooker and Fridge Freezer, Plumbing for washing machine, Electric radiator, Laminate wood effect flooring.
Bathroom
Partially tiled walls, WC, Wash hand basin, Extractor fan, Walk in Shower, Laminate wood effect flooring.
Flat 2
EPC C - Council Tax Band: A
Entrance Hall
Access to Kitchen, Storage space, Carpet flooring.
Lounge/ Living Room 16' 5" x 13' 10" ( 5.00m x 4.22m )
Double glazed Bay window to Front aspect, Sea views, Built in storage, Power points, Carpet flooring.
Kitchen 10' 3" x 8' 11" ( 3.12m x 2.72m )
Double glazed window to Rear aspect, Partially tiled walls, Fitted units and work surfaces, Sink and drainer unit, Space for Cooker and 50/50 Fridge Freezer unit, Lino tile effect flooring.
Bathroom
Partially tiled walls, WC, Wash hand basin, Shower cubicle, Extractor fan, Lino flooring.
Flat 3
EPC Rating: C - Council Tax Band: C
Entrance Hall
Access to Lounge, Kitchen, Bedroom 1 and Bathroom, Carpet flooring.
Lounge 16' 4" Plus Bay x 12' 1" ( 4.98m Plus Bay x 3.68m )
Bay window to Front aspect with Sea views, Electric radiator, Power points, Carpet flooring.
Kitchen 14' 3" x 9' 3" ( 4.34m x 2.82m )
Double glazed window to Rear aspect, Fitted Kitchen Units and work surfaces, Sink and drainer unit, Built in storage, Space for Cooker, Plumbing for washing machine, Space for 50/50 Fridge freezer unit, Lino flooring.
Bedroom 1 13' 1" x 7' 5" ( 3.99m x 2.26m )
Double glazed window to Front aspect, Electric radiator, Power points, Carpet flooring.
Bathroom
Partially tiled walls, WC, Wash hand basin, Shower cubicle, Extractor fan, Wood effect laminate flooring.
Flat 4
EPC Rating: C - Council Tax Band - A
Entrance Hall
Access to all Rooms; Lounge, Kitchen, Bedroom and Bathroom, Carpet flooring.
Lounge 16' 4" x 12' 7" ( 4.98m x 3.84m )
Double glazed window to Front aspect with Sea views, Built in storage, Electric Radiator, Power points, Carpet flooring.
Kitchen 14' 4" x 9' 4" ( 4.37m x 2.84m )
Double glazed window to Rear aspect, Partially tiled walls, Sink and drainer unit, Fitted Kitchen units and work surfaces, Space for cooker, Electric Radiator, Plumbing for washing machine, 50/50 Fridge freezer unit, Lino flooring.
Bedroom 1 12' 4" x 6' 11" ( 3.76m x 2.11m )
Double glazed window to Front aspect, Built in Wardrobe, Electric radiator, Power points, Carpet flooring.
Bathroom
Partially tiled walls, WC, Wash hand basin, Vanity unit, Shower cubicle, Lino flooring.
Flat 5
EPC Rating: E - Council Tax Band: A
Entrance Hall
Access to all rooms; Kitchen, Lounge, Kitchen, Bedroom and Bathroom, Carpeted stairs and landing flooring.
Lounge 16' 2" x 12' 7" ( 4.93m x 3.84m )
Double glazed window to Front aspect, Two electric radiators, Power points, Carpet flooring.
Kitchen 14' 3" x 9' ( 4.34m x 2.74m )
Double glazed window to Rear aspect, Partially tiled walls, Fitted Kitchen units with work surfaces, Sink and drainer unit, Plumbing for washing machine, Space for cooker, Space for 50/50 Fridge freezer space, Electric Radiator, Wood effect flooring.
Bedroom 1 12' 2" x 6' 9" ( 3.71m x 2.06m )
Double glazed window to Front aspect, Storage Cupboard/ Wardrobe, Power points, Carpet flooring.
Bathroom
Partially tiled walls, WC, Wash hand basin, Shower cubicle, Radiator, Lino flooring.
Agents Note
The vendor is selling the Freehold title which is made up of 5 individual flats. The individual flats are not currently registered with land registry. Please make enquires with the branch and seek guidance in respect of any lending requirements. Your conveyancer can advise you on this type of purchase and timeframes involved.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY. Back to listing
