**Standout Features:**
- **Seven bedrooms:** High-yield potential as an HMO.
- **Gross income:** £44,160 per annum, £3,680 monthly when fully let.
- **Central location:** Close to Lowestoft town center and railway station.
- **Freehold property:** Offering future flexibility for ownership.
- **Off-street parking:** Added convenience for residents.
- **Good condition:** Maintained well, ready for investment.
- **Auction sale:** Live auction scheduled for June 18, 2025.
**Summary:**
Discover a lucrative investment opportunity in this centrally located, seven-bedroom house of multiple occupation (HMO) in Lowestoft. Ideal for experienced investors, this property currently generates a strong gross income of £44,160 per year, presenting significant rental potential in a city facing constrained renting conditions. The Edwardian terraced house boasts a timeless brick facade, high ceilings, and a modern kitchen—all maintained in good order, allowing for immediate occupation or continued rental use.
While the crime rate in the area is high and there may be some concerns due to its age (constructed before 1900), the property's good condition and central access to amenities, schools, and transport links cater to a diverse range of tenants. The back garden provides off-road parking, an added appeal in this urban setting. Don't miss the chance to secure this income-generating property at auction on June 18, 2025. Act quickly—opportunities like this don't last long!
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