Let investment near coast with parking and garden.
Three bedrooms and around 81 sqm (approx. 873 sq ft)
A three-bedroom Victorian semi in Caister-on-Sea currently let and producing £7,800pa, offered freehold at auction. The house extends to around 81 sq m (approximately 873 sq ft) and sits a short drive from Great Yarmouth and the coast — convenient for tenants or holiday visitors.
Internally the layout provides entrance hall, lounge, dining room/kitchen, ground-floor bathroom and three first-floor bedrooms. The property has double glazing, a rear courtyard garden with side access, and one off-street parking space. Heating is by oil boiler with underfloor heating; the EPC rating is D.
This is a let investment sold with an existing assured shorthold tenancy (dated 24 August 2018) generating £650pcm. It will be sold at livestream auction with a guide price of £80,000–£100,000; buyers should allow for an administration fee (£1,200 inc. VAT) and buyer’s premium (£960 inc. VAT) on exchange plus any legal pack disbursements.
The house appears to be average sized and in a residential area that may benefit from modest updating. Investors should factor in maintenance, potential refurbishment costs, and the implications of the existing tenancy. Flood risk is very low and local amenities and good-rated schools are close by.
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