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Caister-On-Sea

48  High Street
Caister-on-Sea
NR30 5EH

E: caister@minorsandbrady.co.uk
T: 01493 806188

Lettings

Station Road
Hoveton
NR12 8UR

E: lettings@minorsandbrady.co.uk
T: 01603 801844

Wroxham

6  Church Road
Wroxham
NR12 8UG

E: homes@minorsandbrady.co.uk
T: 01603 783088

Dereham

9a  Market Place
Dereham
NR19 2AW

E: dereham@minorsandbrady.co.uk
T: 01362 700820

Norwich

107  Unthank Road
Norwich
NR2 2PE

E: norwich@minorsandbrady.co.uk
T: 01603 365085

 

Diss

46-47 Mere St
Diss
IP22 4AG

E: diss@minorsandbrady.co.uk
T: 01379 771444

Oulton Broad

2a Ivy Lane
Oulton Broad
NR33 8QH

E: oultonbroad@minorsandbrady.co.uk
T: 01502 447788

Sold STC

Oulton Street, Oulton

£150,000Freehold

312
Brochure

Key Information

Tenure:Freehold
Council tax band:A
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEThreeVodafone

Key Features

Mid-terrace residence in the village of Oulton
Investors only
A substantial 7% yield
Tenants in situ until December 2025
Renovated throughout with modern fixtures and fittings
Open-plan living/dining room
Fitted kitchen with ample amount of storage space
Ground floor family bathroom

Description

INVESTMENT ONLY OPPORTUNITY - A SUBSTANTIAL 7% YIELD This mid-terrace residence in Oulton village presents a compelling investment opportunity for investors. Boasting a substantial 7% yield, this property offers the allure of assured financial return, with tenants already in place until December 2025, ensuring a seamless transition for new ownership. With its modern renovations, open-plan living spaces, and convenient location within the heart of the village.

Location

Oulton is a wonderful area of Suffolk close to the popular seaside town of Lowestoft. Oulton Broad is one of the finest stretches of inland water in the UK and forms the southern gateway to the Broads National Park. A popular place to come for water sports such as; sailing, canoeing, rowing & boating as well as pampering & self-indulgence sessions in restaurants, cafes, pubs, wine bars and health & beauty salons. This fantastic suburb offers fantastic schooling and public transport plus a range of local high street shops and supermarkets. Oulton is well connected with 2 train stations offering direct services to Norwich and Ipswich with fast connecting services to London.

Oulton Street

Step inside where you are instantly greeted by a welcoming open-plan lounge/diner, ensuring effortless interaction when hosting occasions and everyday family living. This is where you can showcase your most comfortable furniture and dining set-up, encouraging gatherings with loved ones. The kitchen is fitted with units and appliances to be able to cook your favourite meals, offering plenty of storage space and areas for your laundry essentials. Located on the ground floor is a modern bathroom, comprising of a three piece suite, accommodating all family members and guests.

Ascend to the first floor, where you will find three bedrooms, designed to offer you relaxation and privacy. The third bedroom has the versatility to be a bedroom, dressing room or office if required.

The property is approached via gated access to an enclosed low maintenance garden which leads to the main entrance door. At the rear, you will find a garden with shared access featuring a tiled patio area ideal for outdoor furniture, a laid to lawn area and a large storage unit.

Agents Notes

Minors and Brady understand that the property is connected to the mains gas, electricity, water and drainage along with double glazing throughout.

Various energy efficient grant works taking place in the coming weeks.

Council Tax Band: A

Investors only. 7% yield. Current tenants pay £875 pcm. Tenants contract ends on the 10 December 2025.

Viewings not available

Woods Loke Primary School
(0.48 miles)
Outstanding
Number of pupils: 465
Age Range: 3 - 11
Benjamin Britten Academy of Music and Mathematics
(0.48 miles)
Good
Number of pupils: 1026
Age Range: 11 - 16
The Limes Primary Academy
(0.65 miles)
Good
Number of pupils: 150
Age Range: 2 - 11
Gunton Primary Academy
(0.95 miles)
Good
Number of pupils: 345
Age Range: 3 - 11
The Ashley School
(1.02 miles)
Outstanding
Number of pupils: 141
Age Range: 7 - 16
First Base
(1.04 miles)
Good
Number of pupils: 1
Age Range: 3 - 8
Poplars Community Primary School
(1.21 miles)
Requires improvement
Number of pupils: 416
Age Range: 3 - 11
Northfield St Nicholas Primary Academy
(1.21 miles)
Good
Number of pupils: 408
Age Range: 3 - 11
Ormiston Denes Academy
(1.23 miles)
Requires improvement
Number of pupils: 794
Age Range: 11 - 16
Harbour
(1.3 miles)
Good
Number of pupils: 3
Age Range: 8 - 14

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£750 /mo.25 Years, 4.5% Interest
Loan
£135,000
Total Repay
£225,112

Stamp Duty

You’ll have to pay the stamp duty of:
£500
0% up to £125,000
2% from £125,000 to £150,000
Your effective stamp duty rate is 0.33%

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