16 bed flat for sale

Nelson Road South, Great Yarmouth NR30

Summary
Fully tenanted block of 16 self-contained flats comprising a mix of 1,2 and 3 bedroom units. Generating £10,240 pcm / £122,880 pa, offering an attractive 13% gross yield. An excellent hands-off investment opportunity with tenants in situ and immediate income.

Description
***investment opportunity***

Fully Let Block of 16 Flats - 13% Yield

An excellent opportunity to acquire a fully tenanted block of 16 self-contained flats, offering an immediate and reliable income stream.

The property comprises a mix of one-bedroom, two-bedroom and three-bedroom apartments, providing a balanced and diverse rental portfolio. All flats are let with tenants in situ, ensuring instant rental income from day one.

The block currently generates a strong £10,240 per calendar month, equating to £122,880 per annum, delivering an attractive gross yield of approximately 13%.

This is an ideal purchase for investors seeking a high-yielding asset, minimal void risk, and a ready-made portfolio. Further potential may exist to enhance returns through future rental growth.

Early viewing and enquiries are highly recommended to appreciate the scale and income potential of this investment.

Flat 1
1 Bedroom

Flat 2
2 Bedroom Maisonette

Flat 3
3 Bedroom Maisonette

Flat 4
3 Bedroom Maisonette

Flat 5
1 Bedroom

Flat 6
1 Bedroom

Flat 7
2 Bedroom Maisonette

Flat 8
2 Bedroom

Flat 9
3 Bedroom Maisonette

Flat 10
3 Bedroom Maisonette

Flat 11
3 Bedroom Maisonette

Flat 12
3 Bedroom Maisonette

Flat 14
1 Bedroom

Flat 15
2 Bedroom

Flat 16
3 Bedroom

Flat 17
3 Bedroom Maisonette

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.