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2 Bedrooms | 2 Bathrooms | Receptions
£240,000
For Sale

NORTH CITY INVESTMENT OPPORTUNITY! An end terrace house converted in to two, one-bedroom flats offering potential 5% yield when both occupied! An ideal investment, both flats offer a bedroom, reception rooms, kitchen and bathroom as well as a small courtyard area to rear!

Situated in the ever-popular NR3 postcode, this property is situated within walking distance to both Norwich City Centre & Norwich train station. Separated into two flats, the first floor flat is currently let for £525pcm whilst the ground floor flat is vacant but previously let for £600pcm.

Sold as one freehold property, this end terrace house comprises of an entrance hall, two bedrooms, two kitchens, two reception rooms, two bathrooms and a lobby.

GROUND FLOOR FLAT

Entrance Hall

Bedroom 15'8 x 8'7 (4.78m x 2.62m)

Reception Room 14'1 x 11'5 (4.29m x 3.48m)

Kitchen 7' x 9'7 (2.14m x 2.92m)

Lobby 7' x 5'7 (2.14m x 1.71m)

Bathroom 7' x 6'9 (2.13m x 2.06m)

FIRST FLOOR FLAT

Bedroom 11'5 x 11'5 (3.48m x 3.48m)

Living Room 11'5 x 10'7 (3.48m x 3.23m)

Kitchen 7' x 5'5 (2.14m x 1.65m)

Bathroom 7' x 4'9 (2.14m x 1.45m) The property benefits from an enclosed courtyard area to the rear with access out from the back. Parking is permit.

LOCATION The property is located in the ever popular NR3 postcode, North of the City. This up and coming area is a prime location for new independent shops, bars and café's. If these aren't enough, the main City centre of Norwich is approximately 3 miles away. This vibrant regional capital, includes many unique shops, cafes, bars, high end shopping and the diverse Norwich market. You will find a modern cultural feel with beautiful heritage, and dynamic nightlife aswell as two cathedrals and the stunning Norwich Castle with its impressive architecture and history.

There are great transport links from NR3 into Norwich City Centre both to Norwich Bus Station and Norwich Train Station. Direct train services to London and the North Norfolk Coast are available.

Council Tax Band: A (each flat separate).

Energy Performance Certificate: Flat 6A: D. Flat 6B: E.

AGENTS NOTES: The property is being sold with as an investment purchase with the current tenant being sold in situ. The first floor flat is currently let at £525pcm and the ground floor flat is currently vacant with estimated return being £600pcm. The property is sold as freehold.

IMPORTANT NOTICE Property Ladder, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any leasehold charges are provided by the seller and provision should be made to have your legal representative fact check this.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Property Ladder have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise

Key Features

  • End Terrace House Converted into Two, One Bedroom Flats
  • Upstairs Flat Currently Let at £525, Downstairs Vacant With Estimated Let £600
  • Expected Rent PCM £1150
  • Potential 5% Yield When Both Occupied
  • Two Reception Rooms
  • Two Bathrooms
  • Two Kitchens
  • Permit Parking
  • Gas Heating Downstairs & Electric Heating Upstairs
  • Courtyard Area To Rear