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Overview Key info - 29 bedrooms, 29 bathrooms, 29 receptions- Gross Floor Area: 8600 sq ft (798 m²)- Tenure: Freehold- Council tax band: Unknown- View energy efficiency charts Nearby stations - Epping 142.3km Additional features - 29 bedrooms- 29 bathrooms- 29 reception rooms- Kitchen / breakfast room- Balcony, roof terrace, communal garden- Riverside, conversion, new build, mansion blockProperty description A fantastic opportunity to purchase a complete freehold block of 17 brand new apartments in Lowestoft. Location: Kirkley, Lowestoft, Suffolk • New stunning block of 17 furnished apartments • High quality finish in redeveloped old hotel • Yields over 6% or higher through serviced accommodation • Off site parking included • Development in SPV so can sell as ltd co • Rental income on capital invested • Hands off freehold investment • Contract available with blue chip serviced accommodation provider with over 15 years track record with multi-national corporate clients • Interior furnishings agreed and secured • Immediate and long term income with capital equity growth Sitting proudly in the northernmost part of The Suffolk Coast, Famous for being the most easterly town and the first place to see the sunrise in the UK, it's also the birthplace of composer Benjamin Britten. With its alluring sandy beach and the beautiful Broads, Lowestoft is a place that connects with and celebrates the sea. Each apartment has been designed and built with using top of the range materials and appliances. Lowestoft Court apartments is an ideal investment both for standard lettings and because of its seaside position short lets. Comprising of 10 x 2-bedroom apartments & 7 x 1 Bedroom apartments this opportunity is bound to appeal to Institutional Investors, Housing Associations & Private Investors The information contained in these particulars is for general information purposes only. Douglas & Gordon does not provide information or give any warranty with regards to train, tube, tram lines or flight paths. Prospective purchasers or tenants are advised to carry out their own research if they have any concern about train, tube, tram lines or flight paths.
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