GREAT INVESTMENT OPPORTUNITY.
Nicholas Estates are excited to bring to the market this great investment opportunity where you can purchase two one bedroom apartments which are situated close to the sea front and a short distance from the main town centre with a selection of shopping facilities, restaurants, coffee shops and much more. Currently let on an assured short hold tenancy the apartments currently achieve a joint income of £10,200 per annum giving a yield of 5.51% . We also understand from the current owner that the advertising board which is erected to the side of the building also generates an annual income (we are waiting for the amount to be confirmed.)
Tiled flooring, with door to:
KITCHEN AREA 4.37m (14'4") x 2.82m (9'3")
Range of matching wall and bass units with roll top work surfaces and stainless steel single drainer sink unit. It comes with a built in electric own and hob along with a extractor hood with space and plumbing for both a washing machine and fridge freezer. There is laminated flooring and insert spotlights throughout.
LOUNGE 4.65m (15'3") x 4.11m (13'6")
Two double glazed windows to the front. Two radiators along with laminated flooring and spotlights.
Tiled flooring and a storage cupboard.
Double glazed frosted window to the side, fully tiled shower cubicle and closed coupled WC and wash hand basin, along with a radiator, tiled flooring and extractor fan.
BEDROOM 3.96m (13'0") x 2.51m (8'3")
Double glazed windows and door to courtyard, laminated flooring with a radiator and a storage cupboard.
Walled courtyard with bloc paved patio and a gate to the side.
Door to entrance hall that have stairs to the upper floors, with a double glazed frosted window and fitted carpets.
LOUNGE 2.92m (9'7") x 2.82m (9'3")
Double glazed French doors to balcony with fitted carpets and coved ceiling.
Decked area with iron surround
KITCHEN 2.36m (7'9") x 2.82m (9'3")
Double glazed windows to the side, wall mounted boiler with a range of matching wall and base units and roll top work surfaces with stainless steel single drainer sink unit. The kitchen does have space for both a washing machine and fridge freezer with a built in electric oven and hob.
panelled bath with shower over and shower screen, wash hand basin, w.c.
SECOND FLOOR LANDING
Fitted carpets to stairs and landing with a double glazed window to the front.
BEDROOM 4.14m (13'7") x 2.95m (9'8")
Double glazed window to the front of the property with fitted carpet and a radiator.
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Contact NE (Felixstowe) for more details