5 bed terraced house for sale

Tonning Street, Lowestoft, Suffolk NR32

** block of 3 flats for sale ** This bay-fronted property on Tonning Street has been converted into three self-contained one-bedroom flats, each featuring gas-fired central heating and UPVC double glazing throughout. Conveniently located near Lowestoft town centre, local amenities, schools, and transport links, the property offers a strong gross rental yield of 8.11% based on a purchase price of £250,000, with all flats currently tenanted and generating a combined monthly income of £1,690. Flat 1 benefits from a private rear courtyard with gated access, while each flat provides practical living accommodation including fitted kitchens and shower rooms. This investment presents an excellent opportunity for those looking to add a versatile property with scope to enhance to their portfolio.

Location

This home is situated in the Heart of an English Coastal Town nestled in the most easterly point of the British Isles. With award-winning sandy beaches and breath-taking Victorian seafront gardens. Explore the Royal Plain Fountains, two piers, and a variety of independent eateries that will tantalise your taste buds. Education is a top priority here, with excellent schools for all ages. Commuting is a breeze with a bus station and train station that offer regular services to Norwich and surrounding areas. Located just 110 miles north-east of London, 38 miles north-east of Ipswich, and 22 miles south-east of Norwich.

Communal: Entrance Hall

Timber entrance door to the front aspect, fitted carpet, doors opening into Flats 1-3 which are set over 3 floors.

Flat 1: Entrance Hall

Timber entrance door to the side aspect, fitted carpet and doors opening to the sitting room, bedroom 2 & the kitchen.

Flat 1: Sitting Room (4.36 max into bay x 3.18 (14'3" max into bay x 10')

Fitted carpet, UPVC double glazed bay window to the front aspect and a radiator.

Flat 1: Bedroom 2 (3.27 x 1.79 (10'8" x 5'10"))

Fitted carpet, UPVC double glazed window to the rear aspect and a radiator.

Flat 1: Kitchen (5.11 max x 2.39 max (16'9" max x 7'10" max))

Vinyl flooring, UPVC double glazed window to the side aspect, gas boiler, radiator, units above & below, laminate work surfaces, stainless steel sink & drainer with mixer tap, tile splash backs, spaces for an oven, washing machine & fridge-freezer, a UPVC door opens to the rear garden and a hallway leads to doors which open to the bedroom & shower room.

Flat 1: Shower Room (1.64 x 1.63 (5'4" x 5'4"))

Vinyl flooring, UPVC double glazed obscure window to the side aspect, part-tiled walls, toilet, radiator and a pedestal wash basin with hot & cold taps.

Flat 1: Bedroom 1 (3.22 x 2.45 (10'6" x 8'0"))

Fitted carpet, UPVC double glazed window to the side aspect and a radiator.

Flat 1: Outside

Flat 1 benefits from a private rear courtyard with secure gated access to a shared rear passageway.

Flat 2: Entrance Hall

Timber entrance door to the side aspect, fitted carpet, UPVC double glazed obscure window to the side aspect, radiator and doors opening to all internal rooms.

Flat 2: Open-Plan Living Space (4.36 max into bay x 4.25 max (14'3" max into bay x)

Fitted carpet & vinyl flooring, UPVC double glazed bay window to the front aspect, radiator, built-in storage cupboard, units above & below, laminate work surfaces, inset stainless steel sink & drainer with mixer tap, space for appliances and a built-in extractor fan.

Flat 2: Bedroom 1 (3.35 x 2.38 (10'11" x 7'9"))

Fitted carpet, UPVC double glazed window to the side aspect and a radiator.

Flat 2: Bedroom 2 (3.25 x 1.74 (10'7" x 5'8"))

Fitted carpet, UPVC double glazed window to the rear aspect and a radiator.

Flat 2: Shower Room (4.60 x 1.33 (15'1" x 4'4"))

Vinyl flooring, down lights, extractor fan, radiator, toilet, pedestal wash basin with hot & cold taps, mains-fed shower set into a cubicle enclose and tiled splash backs.

Flat 3: Entrance Hall

Timber entrance door to the rear aspect, Fitted carpet, built-in storage cupboard and doors opening to all internal rooms.

Flat 3: Bedroom (2.65 x 2.36 (8'8" x 7'8"))

Fitted carpet, UPVC double glazed window to the rear aspect, radiator and a door opens to the en-suite shower room.

Flat 3: En-Suite Shower Room (2.57 x 0.77 (8'5" x 2'6"))

Vinyl flooring, radiator, toilet, pedestal wash basin with hot & cold taps, mains-fed shower set into a cubicle enclosure and tiled splash backs.

Financial Services

If you would like to know if you can afford this property and how much the monthly repayments would be, Paul Hubbard Estate Agents can offer you recommendations on financial/mortgage advisors, who will search for the best current deals for first time buyers, buy to let investors, upsizers and relocators. Call or email in today to arrange your free, no obligation quote.