7 bed flat for sale

King Street, Great Yarmouth NR30

Summary
Freehold block of 8 self-contained flats comprising a mixture of 1,2 and 3 bedroom apartments, all with private entrances. The property is in good condition throughout and currently generates £72,000 per annum, offering an impressive 10.2% yield. Excellent investment opportunity.

Description
**new to market**

An excellent opportunity to acquire a substantial freehold block of eight self-contained flats situated in the popular coastal town of Great Yarmouth.

The development comprises a mixture of one-bedroom, two-bedroom and three-bedroom apartments, all benefiting from their own private entrances, offering added privacy and strong tenant appeal. The properties are presented in good condition throughout and are currently fully income producing.

The block generates an impressive current rental income of approximately £72,000 per annum, delivering a strong gross yield of circa 10.2%, making this an attractive investment opportunity for both seasoned and first-time investors alike.

Ideally located within easy reach of local amenities, transport links and the seafront, the property offers excellent long-term rental potential in a well-established rental area.

Early viewing is highly recommended to fully appreciate the scale and investment potential on offer.

Flat 1
3 Bedroom
EPC Rating: C
Council Tax Band: A

Flat 2
2 Bedroom
EPC Rating: D
Council Tax Band: A

Flat 3
2 Bedroom masionette
EPC Rating: C
Council Tax Band: A

Flat 3a
3 Bedroom
EPC Rating: C
Council Tax Band: A

Flat 3b
1 Bedroom
EPC Rating: C
Council Tax Band: A

Flat 3c
1 Bedroom
EPC rating: C
Council Tax Band: A

Flat 4
2 Bedroom
EPC Rating: C
Council Tax Band: A

Flat 5
1 Bedroom
EPC Rating: C
Council Tax Band: A

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.