6 bed Flat For Sale
£1,100,000
Waterloo Road, Lowestoft
Description
A unique and rare opportunity to purchase a large investment portfolio consisting of 10 flats (6 x 1 bedroomed and 4 x studios) spread across the 2 buildings. Situated in the heart of 'Kirkley Village' and approximately 100m from the award winning promenade and having distant sea views from the front the elevation and ‘first light‘ beach. The flats provide a yield of approximately 5.5%. Demand for the units is at premium as Lowestoft has become the leading area in the UK for renewable energy and it’s subsidiary’s, together with the CEFAS laboratory. With these industries providing a constant stream of professional tenants. Home to the renowned annual 'first light festival' held over the summer solstice which attracts artists and cultural programs from all over the country. On the doorstep is Oulton Broad the gateway to the Norfolk Broads National Park and and with the gorgeous market towns of Southwold and Beccles all being within easy access. A truly unique and rare opportunity, where an early inspection is highly recommended to avoid any disappointment.