Summary - Flat 1, 17 Grove Road NR32 1EB
3 bed 3 bath Block of Apartments
**Standout Features:**
- **Chain-Free**: Immediate availability for investors.
- **Ideal for Investors**: Currently tenanted, generating steady income.
- **Freehold Opportunity**: Purchase includes the entire block of three flats.
- **Strong Rental Yield**: Current yield of 6.3%, with potential to increase to 7%.
- **Prime Location**: Walking distance to local amenities and the town center.
**Summary:**
Discover a prime investment opportunity in this well-located block of three separate flats in the heart of Lowestoft. Each unit, currently occupied by tenants, offers excellent rental potential with a yield starting at 6.3% and the possibility to reach 7%. The property is chain-free, allowing for a quick acquisition.
Set across three floors, this traditional Victorian-style building features spacious, airy rooms filled with natural light. The vibrant local community boasts a variety of amenities, including shops, restaurants, and scenic coastal attractions, making it an attractive location for tenants.
While the property presents a solid return as it stands, savvy investors can explore options for updates or renovations to further enhance value in this charming coastal town. Don’t miss out on securing this lucrative, easy-to-maintain investment opportunity that promises both comfort for residents and profitability for owners.
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