*Guide | £350,000 (plus fees)
- Terraced House
- 5 Bedrooms
- Tenure: Freehold
Call the team on 01603 505 100 for more information
High yielding freehold residential investment producing £36,300 pa Five let self contained flats
This bay fronted mid terrace Victorian property is arranged as five self contained flats with accommodation over three floors. Three are three one bedroom flats and two are studio flats. It has a total gross internal area of around 192 sq/m. Currently all are let to established tenants producing £3,025 pcm (£36,300 pa). Flat A is a one bedroom flat let on an assured shorthold tenancy dated 24th April 2020 at £675 pcm (£8,100 pa) Flat B is a one bedroom flat let on an assured shorthold tenancy dated 5th October 2021 at £650 pcm (£7,800 pa) Flat C is a one bedroom flat let on an assured shorthold tenancy dated 26th October 2021 at £700 pcm (£8,400 pa) Flat D is a studio flat let on an assured shorthold tenancy dated 15th May 2025 at £475 pcm (£5,700 pa) Flat E is a studio flat let on an assured shorthold tenancy dated 8th May 2020 at £525 pcm (£6,300 pa) This is an ideal opportunity for an investor looking for a high yielding investment. First time to market in over 35 years. On instruction of executors.
Tenure
Freehold
Flat A (37 sq/m)
Ground floor: bedroom, living room, kitchen, bathroom
Flat B (30 sq/m)
Ground floor: bedroom, living room, kitchen, bathroom
Flat C (39 sq/m)
First floor: bedroom, living room, kitchen, bathroom
Flat D (21 sq/m)
First floor: living room / bedroom / kitchen, bathroom
Flat E (33 sq/m)
Second floor: living room / bedroom / kitchen, bathroom
Outside
Front and rear garden, detached garage
Council Tax Band
A
Energy Efficiency Rating (EPC)
Current Rating Flat A: E, Flat B: E, Flat C: D, Flat D: D, Flat E: E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Norwich City Council
Solicitors
Rogers and Norton (Norwich), Ref: Steven Clarke, Tel: 01603 666001
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £600 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
