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Wissett Way, Lowestoft
£75,000, 1 bedroom, maisonette

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Key features

  • Purpose Built One Bedroom 1st Floor Maisonette
  • Turn-Key Buy-to-Let Investment Generating Rent Run of £7140 pa
  • Fitted Kitchen
  • Bathroom
  • Lounge
  • On-Road Parking
  • Communal Gardens
  • Double glazed / Central Heating
  • Own Entrance Door
  • 48SqM Floor Living Space

Property Description

Purpose built ex-council one bedroom first floor Maisonette. This apartment has modern kitchen, bathroom and electric shower, a good size lounge and bedroom. Gas central heating & double glazed. The property offers the opportunity as a 'turn-key' Buy-to-Let investment as it is tenanted under an Assured Shorthold Tenancy, with rent currently generating £7140 pa.

OVERVIEW The property offers the opportunity as a 'turn-key' Buy-to-Let investment as it is tenanted under an Assured Shorthold Tenancy, with rent currently generating £7140 pa.

Purpose built ex-council one bedroom first floor Maisonette. This apartment has modern kitchen, bathroom and electric shower, a good size lounge and bedroom. Gas central heating & off road parking.

LOCATION North of Lowestoft Town. 30 minutes walk to the beech. 5 minutes drive to a Tesco Superstore.

VIEWING On-Site Viewing Strictly by appointment. Call 01502 558538.

DIRECTIONS For SatNav use NR32 4DL. If using 3Words Navigation search: 'second.plenty.blog'

GENERAL Method of Sale: Private Treaty (Normal method of sale).
Tenure: Leasehold. 125 year lease commencing 07/12/2005, therefore circa 107 years remain.
Service Charge: We understand that the Service Charge for period 01/04/2022 until 31/03/2023 was £265.28 pa. This includes maintenance of common internal and external spaces. External fabric of the property. East Suffolk Council act as the management company.
Buildings Insurance: This is a common policy for the development, handled by the Management Company (East Suffolk Council). Billed to the householder annually in April. The cost for period 22/23 was £57.38. Billing for the period 23/24 is behind and due, the anticpi[ated cost will be circa £65 - 70.
Ground Rent: We understand that the current annual ground rent is £10 billed on the lease anniversary.
Possession: The property is tenanted under an Assured Shorthold tenancy, now Statutory Periodic. Rent is £595 pcm with no arrears. Statutory notice of 2 months required to obtain vacant possession, if required. The property is professionally managed by agent: Living Property Waveney Lettings & Management Ltd. A copy of the Tenancy Agreement is available for inspection as request.
Photos: The photos used and published in the property particulars are library photos taken when the property was vacant. This are used to provide the tenant privacy of their possessions.
Local Authority: East Suffolk Council
Services: Mains water, gas, electricity and drainage
Council Tax: A
Energy Performance Rating: 'C'
Heating: Gas Central Heating via radiators.
Windows: Double glazed.
Certification | Reports | Warranties: Gas Safety Certificate | EICR (Electrical Installation Condition Report
Easements | Wayleave | Rights of Way: None advised.
Declarations: None advised.
Planning Permission: Broadband Check: According to https://checker.ofcom.org.uk/ 'Standard', 'Superfast' and 'Ultrafast' broadband is available from Openreach, City Fibre, Virgin Media in this property's location.

AGENTS NOTES (1) All measurements are approximate and quoted for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on. (2) Any fixtures, fittings and appliances referred within these published details have not been tested and therefore no guarantee can be given that they are in working order. (3) Internal photographs are reproduced for general information and it is not inferred that any item shown within any picture is included with the property. (4) Photographs shown within these details have been taken with a camera using a wide-angle lens. (5) These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. (6) In accordance with UK Anti Money Laundering Regulations Intending buyers will be asked to produce original Identity Documentation, Proof of Address and be subjected to an electronic ID verification check before a purchase conveyance is instructed. (7) Living Property comply with the General Data Protection Regulation (EU) 2016/679 ("GDPR") please visit our website www.livingproperty.co for our Privacy Statement, Subject Access Requests can be submitted to dataprotectionmanager@livingproperty.co. (8) Living Property are a member of The Property Ombudsman scheme, Membership Number: D6837 https://www.tpos.co.uk/ (10) Sales: Living Property is a trading name of Living Property Sales Ltd, whose registered company number is 13033371.Lettings: Living Property, is a trading name of Living Property Waveney Lettings & Management Ltd, whose registered company number is 6844815 (11) Both registered Office Address - Gate House, Hungate, Beccles, Suffolk NR34 9TL.

"We’ve used several agents in the past but Paula, Kim & the team are streets ahead of the rest. Pleasant & highly efficient, nothing is a problem, landlord & tenant relationship second to none. Excellent service I’d recommend to any landlord new or old"
G Nunn (Landlord)