Multi-Unit Freehold Block
Multi-Unit Freehold Block
Multi-Unit Freehold Block
Multi-Unit Freehold Block
Multi-Unit Freehold Block
Multi-Unit Freehold Block
Multi-Unit Freehold Block
Multi-Unit Freehold Block
Multi-Unit Freehold Block
Multi-Unit Freehold Block

Multi-Unit Freehold Block

Icon commercial
London Road South, Kirkley Centre, Lowestoft, United Kingdom, NR33 0FE
  • 800 sq.m

GBP5,000,000

Place Offer Now

Overview

  • icon Status: New
  • iconPlot Size: 900 sq.m
  • iconCarpet Area: 800 sq.m
  • iconProperty Type: hospitality
  • Floor No.: 3
  • iconYear: 2024
  • iconMaintenance Fee: N/A
  • iconAnnual Fee: N/A

Features and Amenities

  • icon Boiler/immersion heater
  • icon Radiators/wall heaters
  • icon Window fittings
  • icon Burglar alarm
  • icon Hob
  • icon Extractor hood
  • icon Cooker
  • icon Washing machine
  • icon Bath
  • icon Taps
  • icon Towel rail
  • icon Soap/toothbrush holders
  • icon Toilet roll holders
  • icon Bathroom mirror
  • icon Kitchen
  • icon Dustbins
  • icon Garden shed

Yield

Yield Percentage: 3.47%

* This is an estimated yield based on market value when the property was advertised

Property Description

Multi-Unit Freehold Block with 10 x 2 Bedroom Flats + 7 x 1 Bedroom Flats rented on a 5 year FRI lease at £14,450 per calendar month located within Kirkley Village opposite a Blue Flag South Beach and 0 mins from mainline train station to Ipswich within 1.30 mins, 45 mins to Norwich and 2 hours to London Liverpool Street. Fully managed hand off investment.

  • On Going Rental Agreement
  • Rental Continuation after sale
  • Rental Information
    Monthly Rent: GBP14,450.00
  • Annual Rent Increment
    Annual Rent: 5%
  • Date of moving out
    N/A
  • On Going Rental Agreement
  • Rental Continuation after sale
  • Rental Information
  • Date of moving out
    01-Jan-2024
  • On Going Rental Agreement
  • Rental Continuation after sale
  • Rental Information
  • Date of moving out
    N/A
  • Property Ownership
    Free Hold
  • Shared Ownership
    No
  • Lease Expires on
    N/A
Location
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