3 Bed Terraced House For Sale Norwich Road, Lowestoft, NR32

£120,000- Terraced

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Last Updated: 24th May 2024

Description

A perfect affordable investment opportunity/ residential home pleasantly situated in this popular central Lowestoft locality being within walking distance of all local amenities including the nearby train station and town centre. The property is equipped with gas fired central heating and sealed unit double glazing, ensuring optimal comfort and energy efficiency. Upon entering, you are welcomed by a spacious lounge, a separate dining room, a well-appointed kitchen, a convenient ground floor bathroom, and three generously-sized bedrooms on the first floor. At present, the property is leased to a reliable tenant, offering a commendable yield of approximately 6.5%. Whether you are expanding your current investment portfolio or venturing into the property market anew, this property represents a valuable asset worthy of consideration. An early inspection is strongly advised to fully appreciate the many benefits this property has to offer.
Agent Details
Howards
164-166 London Road North, Lowestoft, NR32 1HB

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested