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Valuable freehold residential investment producing £44,800pa
Valuable freehold residential investment producing £44,800pa A substantial two storey building which has been expertly converted and extended to provide eight individual letting units. There is a two bedroom town house, six two bedroom flats and a studio flat. Each property is fully self-contained, has its own parking facilities and gas fired central heating. This valuable investment currently produces £44,800pa and is an excellent opportunity to acquire a productive and secure income stream. King's Lynn provides numerous shopping facilities and the A47 trunk road provides access into Norwich and Peterborough. There is also a mainline rail service linking into Cambridge and London King's Cross.
Tenure
Freehold
Viewing
Open days
Energy Efficiency Rating (EPC)
Current Rating C, D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Borough Council of King's Lynn and West Norfolk. Tel: 01553 616200
Solicitors
Fraser Dawbarns, 21 Tuesday Market Place, King's Lynn, Norfolk PE30 1JW, Ref: Fraser Dawbarns - Colin Bailey, Tel: (01553) 666600
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.
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ 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.