Top 10 Investment Purchases September 2019

9 September 2019 by James Umney-Kennally

10: Glenholme, Colville Road Works, Lowestoft NR33 9QT £170,000

3 bed semi-detached house, newly refurbished and ready to let out at £695pcm yielding 4.9%. This one will be no fuss and should attract a nice family.

Offers in excess of £ 160,000

3 Bedrooms

  • Chain free and ready to go
  • Brand new fitted kitchen
  • New carpet flooring throughout
  • New modern bathroom
  • Off road parking

9: 65 Beaconsfield Road, Lowestoft NR33 0RL £125,000

2 bed end-terrace house, immaculate condition and ready to let. This has a potential of £550pcm, yield of 5.28%. A safe bet for a hands off landlord.

Offers in excess of £ 115,000

2 Bedrooms

  • Excellently Presented
  • Beautifully Redecorated Throughout
  • Open Plan Living Room with Log Burner (Dual Aspect)
  • 2 Double Bedrooms
  • Close Proximity to the Beach

8: 17 Swonnells Court, Oulton Broad, NR32 3PY £140,000

2 bed apartment right next to Oulton Broad, let for £625pcm, yield of 5.35%. Would make a great holiday let as well.

£ 140,000

2 Bedrooms

  • Overlooking Oulton Broad
  • Off Road Parking
  • Second Floor Apartment
  • Two Double Bedrooms
  • Stunning Setting

7: 39 Hervey Street, Lowestoft, NR32 2JQ Offers Invited £120,000

Converted to a 3 bed end terrace which should let for £625pcm, a high 6.25% yield.

Offers in excess of £ 110,000

3 Bedrooms

  • Spacious Accommodation
  • Open Plan Living
  • Two Double Bedrooms & Loft Room
  • Conveniently Located
  • Perfect First Time Buy / Investment

6: 14 Wentworth Way, Lowestoft, NR33 9JJ £85,000

Great little 1 bed apartment with a great long term tenant paying £425pcm which is a 6% yield.

Offers in excess of £ 75,000

1 Bedrooms

  • Investment opportunity
  • Tenant in situ - £425 pcm (6.8% yield)
  • Chain free and ready to go
  • Off road parking
  • Ground floor apartment

5: 13 Lovewell Road, Lowestoft, NR33 0RQ Offers Over £110,000

Great condition 3 bed terrace, ready to let for £550pcm (6% yield)

£ 110,000

3 Bedrooms

  • Investment Opportunity With Great Yield
  • Popular South Lowestoft Location
  • New Bathroom Suite
  • Large Garden Area
  • Perfect For The First Time Buyer

4: 63 Stradbroke Road, Pakefield, NR33 7HN Offers Over £140,000

3 bed Pakefield terrace, modernised throughout and ready to go. Chain free, and would let for £625pcm , with a yield of 5.35%.

£ 140,000

3 Bedrooms

  • Chain free and ready to go
  • New carpet flooring
  • Ideal investment property
  • Short walk to Pakefield beach
  • Well presented throughout

3 bed terrace with new carpets and redecorated throughout, Will let at £500pcm which is a 6% yield.

2: 31 Stanford Street, Lowestoft NR33 0HS £115,000

3 bed terrace just reduced by £10k! Should let for £575pcm, yield of 6%

Offers in excess of £ 100,000

3 Bedrooms

  • Three Bedroom Terrace House
  • Re-plastered Throughout
  • Combi Gas Boiler
  • New Carpets
  • Centrally Located

1: 3 Harbour Road, Lowestoft, NR33 3LZ £180,000

Two in one! These 2 bed converted apartments will make a perfect investment. They should rent for £1,000pcm combined which is a huge yield of 6.67%.

£ 180,000

2 Bedrooms

  • 2 Apartments With £12k PA Rental Potential
  • 200 Yard South Facing Garden
  • 3 Story Victorian Building
  • Off Road Parking
  • Stunning Broads Harbour Views

WILDCARD!

The wild card was popular last time so why not have another go.

Freehold at Carlton Road, NR33 0RU £10,000.

This is a small investment for someone looking to guarantee a modest return with a chance of paying off big! The ground rent here is £250pa which is a small yield of 2.5%, BUT the leases are running down with them now at 95 years, and when the renewal comes up the owner will be in for a big payday.

£ 7,500

0 Bedrooms

  • Excellent and affordable investment
  • Ground rents total £250pa
  • Leases 95 years remaining
  • Rarely available