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Lot 8
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40 Princes Road, Lowestoft, NR32 2NJ

Sold for £74,000
Lowestoft investment, Regulated Tenancy... popular residential area

Property Details

Description

Central to a variety of local shops, schools, healthcare and leisure facilities,handy for bus routes, and only a 15 minutes stroll to Lowestoft town centre and sea front, this terraced house can be found within an established residential area.

IMPORTANT: No internal inspection has been conducted. Basic information provided by the vendor and Register of Fair Rents.
Accommodation:-

Ground floor: 2 Room(s), 1 Kitchen, First floor: 2 Room(s),1 Bath/WC, Stores, Garden



This investment is the subject of a Regulated Tenancy – download and examine the free Legal Pack via www.goldingsauctions.co.uk.

Key Features

  • TERRACED HOUSE
  • REGULATED TENANCY
  • EDGE LOWESTOFT T/C
  • GOOD LOCAL FACILITIES
  • £86 PW / £4,472 PA
  • NO INTERNAL INSPECTION
  • LEGAL PACK ONLINE
Tenure

Freehold

EPC

TBC

Viewing

No viewings available

Solicitors

Mr Ian Gallon
Womble Bond Dickinson LLP
One Trinity
Broad Chare
Newcastle upon Tyne
NE1 4JE

Tenancy

Rent register R30968258
Tenancy type: Regulated
Tenancy commenced: 1958

Current Yield.

Registered fair rent: £86.00 pw
£4,472 pa

Location

40 Princes Road, Lowestoft, NR32 2NJ

*Guide prices are provided as an indication of a vendor’s minimum expectation and the level at which the reserve is set. Properties may not always sell within this guide and this figure may change at any time prior to the auction. The sale price will be dependent upon bidding in the auction room and on the Vendors’ instructions.

Reserve Price Each property will be sold subject to a reserve price, which will be set within, or below, the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer and is a figure below which the Auctioneer cannot sell the property.

Additional Fees All buyers are liable to pay an Administration Charge of £720 inclusive of VAT. \rOther fees/disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.