86 Nelson Road Central, Great Yarmouth, NR30 3BP
- PROPERTY TYPE
Flat
- BEDROOMS
4
- BATHROOMS
4
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Great Investment opportunity
- Four flats
- Close to Gt Yarmouth seafront
- One long term tenant on AST
- Three vacant flats
- Recently refurbished
- Guide: £160,000 - £180,000
Description
For sale by Livestream auction on 11-09-2024 at 11:00 AM.
To register for legal packs and bidding instructions please visit our website.
This substantial attractive property with bay fronted windows is close to Great Yarmouth seafront and is divided into 4 flats.
Comprised of 3 one bedroom flats and a studio flat, two of the flats have just undergone refurbishment and two require improvements. The property offers a potential income of £30,000 pa.
The two flats that have recently been refurbished are currently being offered for rent
The other two are needing some improvements; one is let to a long-standing tenant on an AST and the other would require works before being let but is spacious and has the potential to become a two bedroom flat (STPP).
ACCOMMODATION
Exterior
Walled front garden and courtyard to rear
Ground floor
Communal entrance hall with stairs to first and second floor, utilities cupboard, open plan, bedroom/sitting room, kitchen, shower room, further bedroom area with rear access to courtyard via porch.
First floor
Studio flat - Hall, kitchen, separate w.c., shower room, bedroom/living room. (Recently refurbished)
One Bedroom Flat - Hall, kitchen, lounge, bedroom, shower room. (Long term tenant on an AST)
EPC Rating
Flat 1 = E
Flat 2 = D
Flat 3 = C
Flat 4 = D
Second floor
Landing, separate w.c., kitchen, lounge, bedroom, shower room. (Recently refurbished)
Further Info
Local Authority: Great Yarmouth Borough Council
Tenure: Freehold
Council Tax: A
Potential Yield: 18%
Additional Fees
Buyers Premium: £960.00 inc VAT, payable on exchange of contracts.
Administration Charge: 0.30% Inc VAT of the purchase price, subject to a minimum of £1200.00 inc VAT, payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
- 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.
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- 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.
- Ask agent
Energy performance certificate - ask agent
86 Nelson Road Central, Great Yarmouth, NR30 3BP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Great Yarmouth Station0.9 miles
- Berney Arms Station4.4 miles
- Haddiscoe Station6.7 miles
About the agent
Auction House, Covering East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
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 BrandAuction House East Anglia is part of the Auction House UK group of
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 7016. 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 361653.
*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.”
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