A rare opportunity to purchase a block of apartments, with long term tenants in situ. Superb location in the heart of Kings Lynn's town centre, opposite the train station.
This opportunity benefits from approximate 10% rental yield.
Four apartments to purchase, a mixture of accommodation types consisting of two self-contained apartments and two bedsits sharing amenities located in a terrace block.
Licensed HMO.
This fantastic block of apartments has been in ownership by the same family since 1972 and has been maintained to a good standard. Recent works include upgrade of all consumer units in 2022 and all apartments benefit from upgraded heating.
Superb location in heart of Kings Lynn's town centre in a conservation area. The property presents a diverse range of living spaces, catering to various preferences and lifestyles.
Roadside parking is available with permit.
Flat 4 ( 2 Bed Apartment )
Electric heating
Council Tax Band A
Lounge/dining room
4.02m x 3.75m
carpets, electric heater, storage cupboard,
Kitchen
3.31m x 3.16m
Wall and base units, space for cooker, washing machine and fridge freezer. Vinyl flooring electric heating.
Bathroom
Shower cubicle, low level cistern, hand basin, vinyl flooring, electric heater,
Bedroom 1
2.79m x 3.62m
carpets, electric heater
Bedroom 2
4.42m x 2.27m
Carpets, electric heater.
,
Flat 3 (1 Bed Apartment)
Gas central Heating
Council Tax band A
Lounge
4.78m x 4.22m
Radiator, carpets.
Kitchen
3.01m x 2.87m
Wall and base units, space for cooker, fridge freezer, washing machine. Tile effect flooring, radiator.
Hallway
Storage cupboard
Bedroom
3.9mx3.76m
Carpets, radiator.
Bathroom
2.28m x 2.19m
shower over bath, tiled wall and tile effect flooring, heated towel rail, low level cistern, hand basin.
Flat 2 (Room with shared bathroom)
4.18m x 3.82m
Electric heating
Ctax band A
kitchen wall and base units, sink space for fridge, cooker
carpets
Flat 1 (Room with shared bathroom)
6.06m x 3.67m
Electric heating
Ctax band A
Kitchen
Wall/base units, sink, space for washing machine fridge freezer, tile effect flooring.
wood effect flooring/carpet
EPC rating Flat 1 -F
EPC rating Flat 2 - E
EPC rating Flat 3 - D
EPC rating Flat 4 - F
*please note EPC current rating F on two flats (exemption in place, ask agent for more details)
Location:
Portland Place is strategically positioned opposite the train station. Residents also enjoy the convenience of being in the heart of Kings Lynn's town centre. With shopping, dining, and cultural attractions just moments away, this location promises an urban lifestyle enriched with amenities and entertainment.
Freehold for Sale:
This outstanding block of apartments, known as 25 Portland Street, is offered for sale with the added benefit of freehold ownership. Don't miss the chance to invest in this prime property, where modern living meets the historic charm of Kings Lynn. Contact us today to seize this opportunity and become the proud owner of this block.
Here's how we can assist you:
If you're looking to sell or let your property, we're pleased to offer a complimentary, no-obligation market appraisal. Additionally, we can connect you with a mortgage advisor for expert guidance. Furthermore, there's the possibility that we can obtain EPC, gas certificate, EICR, solicitor quote or a survey on your behalf. For more details, please reach out to us at 01553 670179 / www.kingslynnproperty.co.uk.
My House Online for themselves and for the sellers or lessors of this property whose agents they are give notice that:
The particulars are set out as a general outline only for the guidance of intended buyers and do not constitute, nor constitute part of, an offer or contract.
All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending buyers or tenants should not rely on them as statements of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Measurements of doors, windows, rooms, and other items are approximate, and no responsibility is assumed for any errors, omissions, or misstatements. None of the appliances mentioned in the information have been tested, and therefore, we cannot guarantee their condition, functionality, or operational status.
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