Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid ?275,000

?Great investment opportunity. A block of seven self contained flats with a yield of 10%!? Great returns on your investment and opportunity to increase income with further development!? Fully let with many long term tenants, up to date with electrical safety and fire regs etc.? Modern electric heating throughout plus one large maisonette with gas central heating.? There is an attractive rear garden and off road car parking for two cars. Very close to the town centre!?

Council tax band: A, Tenure: Freehold, EPC rating: ERoomsPorch - Entered via UPVC French entrance doors, UPVC door to;Hall - Radiator, stairs to first floor, door to cellar, cupboard housing all electrics, doors to flat one and two, door to inner hall.Flat One (ground floor) Hall - Door off from communal hall, door to;Lounge/Kitchen - UPVC bay window to the front aspect, electric storage heater, range of base and wall cupboards, electric cooker, stainless steel sink, fridge.Bedroom - UPVC window to the rear aspect, electric storage heater, door to;Ensuite Shower Room - UPVC window to the rear aspect, shower cubicle, pedestal wash hand basin, low level Wc.Flat Two (ground floor) Hall - Entered via door from communal hall, doors to;Lounge/Kitchen - UPVC bay window to the front aspect, electric storage heater, range of base and wall cupboards, stainless steel sink, electric cooker, under unit fridge freezer.Bedroom - UPVC window to the side aspect, electric storage heater, door to;Ensuite Shower Room - UPVC window to the side aspect, low level Wc, pedestal wash hand basin, shower cubicle, heated towel rail.Inner Hall - Doors to store room and flat three and ten.Store room - UPVC window to the side aspect, power points.Flat Three (ground floor rear) Hall - Doors to;Lounge/kitchen - UPVC window to the rear aspect, range of base and wall cupboards, stainless steel sink, electric cooker, Zannuzi Fridge, electric storage heater.Bedroom - UPVC window to the side aspect, electric storage heater.Shower Room - UPVC window to the side aspect, shower cubicle, low level Wc, pedestal wash hand basin, heated towel rail.First Floor Landing - Radiator, doors to;Store Room - UPVC window to the side aspect.Spare Room - UPVC window to the front aspect, electric storage heater, power points.Flat Five (first floor) Hall - Doors to;Lounge/Kitchen - Bay window to the front aspect, range of base and wall cupboards, stainless steel sink, electric cooker, electric storage heater.Bedroom - UPVC window to the rear aspect, electric central heating, door to;Ensuite Wc - Low level Wc, wash hand basin.Shower Room - The shower room is separate from the flat across the landing. UPVC window to the side aspect, shower cubicle, low level Wc, pedestal wash hand basin, electric heated towel rail.Flat Six (first floor) - Doors topLounge/Kitchen - Two UPVC windows to the rear aspect, electric storage heater, range of base and wall cupboards, stainless steel sink, under unit fridge and freezer, electric cooker.Bedroom - UPVC window to the front aspect, electric storage heater.Shower Room - UPVC window to the side aspect, low level Wc, pedestal wash hand basin, shower cubicle, heated tower rail.Flat Four (first floor) - Doors to;Kitchen/Lounge - UPVC bay window to the front aspect, electric storage heater, range of base and wall units, stainless steel sink, electric cooker.Bedroom - UPVC window to the rear aspect, electric storage heater.Ensuite Shower Room - Shower cubicle, low level Wc, wash hand basin, UPVC window to the side aspect.Flat 10 (ground floor to rear) - Door opens from hall to;Kitchen/Diner - UPVC window to the side aspect, with range of base and wall cupboards, stainless steel sink, freestanding gas cooker, tall Beko fridge freezer, radiator, central heating boiler, door to;Lounge/Diner - Three radiators, door to hall/stairs, patio doors to;Sun Room - Two radiators, windows to the rear aspect.Hall - Stairs to bedroom, door to garden, door to downstairs Wc.Bedroom - Two radiators, UPVC window to the rear aspect, open arch to;Dressing Room - Radiator, fitted wardrobes, door to;Ensuite Bathroom - UPVC window to the side aspect, low level Wc, corner bath, mixer tap/shower attachment, pedestal wash hand basin.Outside - To the side of the property is parking for three cars on the side service road. Driveway off the service road provides further parking and an enclosed low maintenance garden laid to patio and gravel.Cellar - Consists of three rooms for storage, door to rear of building (some restricted headroom).Services - The property has mains water, sewerage and electricity. Flat Number 10 has both gas and electric however the rest of the flats only have electric and are on card meters. All flats have their own hot water tanks. The property has linked smoke detectors. The flats have individual EPC certificates. We have not tested any heating systems, fixtures, appliances or services. Lovelle Estate Agency and our partners provide a range of services to buyers, although you are free to use an alternative provider. If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a fee if you use their services. If you need help arranging finance, we can refer you to the Mortgage Advice Bureau who are in-house. We may receive a fee if you use their services.Location - Delightful central position, very close to the town centre and sea front.Directions - From our office on Roman Bank proceed down Algitha Road. Turn left at the cross roads onto Lumley Avenue follow the road, across the the St Mathews roundabout then take the next left onto Lumley Crescent, follow the road and No 12 can be found on the righthand side before the T junction marked by the board.