Auction House / East Anglia

  • For Sale By Unconditional Online Auction
  • Guide Price* : £50,000 to £60,000
  • Bidding Opens 03/11/2025 13:00

Flat 5, Helen House 282 Southtown Road, Great Yarmouth, Norfolk, NR31 0JB

FOR SALE BY NATIONAL ONLINE AUCTION: 4 NOVEMBER 2025

Description

Well-presented one bedroom first floor flat, currently tenanted and producing £8,100 pa. An excellent turnkey investment opportunity situated in the popular seaside resort of Great Yarmouth.

This generous one bedroom first floor flat is situated in a block of six in a popular residential area of Great Yarmouth with good rental demand. The flat is currently occupied on a 6 month AST dating from 1st April 2025 producing a good yield of £675 pcm (£8,100 pa).

The flat is in good order throughout and benefits from a modern bathroom fitted just last year and new boiler installed in 2022. The electrics are ECIR certificated and gas boiler is certified and it boasts a good C rating EPC.

The property presents an ideal turnkey investment opportunity with tenant in situ who would like to remain.

Communal Hall Private intercom entrance with post racks and stairs to first floor

Flat Hall, lounge/diner, kitchen, bedroom, bathroom

Lease Details
Term : 999 years from 1 January 1990
Annual Service Charge: £1,617.12
Service Charge Review Period: Please refer to legal pack
Annual Ground Rent: £30.00
Ground Rent Review Period: Please refer to legal pack

Council Tax Band A

Viewings Viewings are being held by appointment

Please contact the Norwich Office to book your appointment time

Tenure: Leasehold

Lease Details: 999 years from 23rd April 1990 (964 years unexpired)

EPC Rating: C

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

£960 inc VAT payable on exchange of contracts.

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £50,000 to £60,000
  • 1 Bedroom
  • Unconditional (Immediate Exchange)

Call the team on 01603 505 100 for more information

Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.

Note

  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. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  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 AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.