Summary - FLAT 2, 1-2 CAMPERDOWN, GREAT YARMOUTH NR30 3JB
8 bed 8 bath Flat
**Investment Opportunity - Block of Flats in Great Yarmouth**
**Standout Features:**
- Block of 8 freehold flats, each with 2 bedrooms
- Total annual rental income of £64,200
- Excellent location with high tenant interest
- Historical Victorian architecture with large rooms and high ceilings
**Property Details:**
This remarkable investment property offers a block of 8 well-maintained 2-bedroom flats in a transitional neighborhood of Great Yarmouth, making it a lucrative opportunity for both seasoned and first-time investors. With an annual rental income of £64,200, this freehold property promises steady cash flow. The Victorian-style architecture features high ceilings and period details, contributing to its charm and appeal.
While the flats are currently fully occupied, potential buyers should be aware that the property constructed before 1900 may present renovation opportunities to enhance value further. The building is detached with solid brick walls but lacks insulation and requires updates to modern standards. Excellent mobile coverage and average broadband speeds are beneficial for tenants in this bustling area, situated close to amenities such as schools, beach attractions, and entertainment spots.
Investors should be mindful of the high crime rate and the area's deprivation levels, which may influence both tenant profiles and property performance. However, the potential to uplift and refurbish the flats could lead to increased rental yields in the future.
Seize this rare opportunity—blocks like this are in demand but won't last long on the market!
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