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£275,000

Portland Street Kings Lynn, PE30

  • 4 beds
Other
Under offer/SSTC

£275,000

  • 4 beds
Other
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Estimate monthly mortgage payment:

£1,255 per month

Minimum deposit amount:

£13,750
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A rare opportunity to purchase a block of apartments, with long term tenants in situ. Superb location in the heart of Kings Lynn's town centre, opposite the train station. This opportunity benefits from approximate 10% rental yield. Four apartments to purchase, a mixture of accommodation types consisting of two self-contained apartments and two bedsits sharing amenities located in a terrace block. Licensed HMO. This fantastic block of apartments has been in ownership by the same family since 1972 and has been maintained to a good standard. Recent works include upgrade of all consumer units in 2022 and all apartments benefit from upgraded heating. Superb location in heart of Kings Lynn's town centre in a conservation area. The property presents a diverse range of living spaces, catering to various preferences and lifestyles. Roadside parking is available with permit. Flat 4 ( 2 Bed Apartment ) Electric heating Council Tax Band A Lounge/dining room 4.02m x 3.75m carpets, electric heater, storage cupboard, Kitchen 3.31m x 3.16m Wall and base units, space for cooker, washing machine and fridge freezer. Vinyl flooring electric heating. Bathroom Shower cubicle, low level cistern, hand basin, vinyl flooring, electric heater, Bedroom 1 2.79m x 3.62m carpets, electric heater Bedroom 2 4.42m x 2.27m Carpets, electric heater. , Flat 3 (1 Bed Apartment) Gas central Heating Council Tax band A Lounge 4.78m x 4.22m Radiator, carpets. Kitchen 3.01m x 2.87m Wall and base units, space for cooker, fridge freezer, washing machine. Tile effect flooring, radiator. Hallway Storage cupboard Bedroom 3.9mx3.76m Carpets, radiator. Bathroom 2.28m x 2.19m shower over bath, tiled wall and tile effect flooring, heated towel rail, low level cistern, hand basin. Flat 2 (Room with shared bathroom) 4.18m x 3.82m Electric heating Ctax band A kitchen wall and base units, sink space for fridge, cooker carpets Flat 1 (Room with shared bathroom) 6.06m x 3.67m Electric heating Ctax band A Kitchen Wall/base units, sink, space for washing machine fridge freezer, tile effect flooring. wood effect flooring/carpet EPC rating Flat 1 -F EPC rating Flat 2 - E EPC rating Flat 3 - D EPC rating Flat 4 - F *please note EPC current rating F on two flats (exemption in place, ask agent for more details) Location: Portland Place is strategically positioned opposite the train station. Residents also enjoy the convenience of being in the heart of Kings Lynn's town centre. With shopping, dining, and cultural attractions just moments away, this location promises an urban lifestyle enriched with amenities and entertainment. Freehold for Sale: This outstanding block of apartments, known as 25 Portland Street, is offered for sale with the added benefit of freehold ownership. Don't miss the chance to invest in this prime property, where modern living meets the historic charm of Kings Lynn. Contact us today to seize this opportunity and become the proud owner of this block.

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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