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£3,250,000

42 bed detached house for sale

Property photos

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Freehold

Guide price

£3,250,000

42 bed detached house for sale

Longwater Lane, New Costessey, Norwich NR5

42 beds
30 baths
12 receptions

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Ormiston Victory Academy 0.4 miles
  • St Augustine's Catholic Primary School, Costessey 0.6 miles
  • Norwich 4.5 miles
  • Wymondham 7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • 11 Properties Available To Purchase In A Limited Company Portfolio Sale
  • 8 Student Houses, A Commercial Shop & Flat and One Bedroom Flat
  • Combined Value Around £3,250,000 - £3,500,000
  • Combined Mortgages Around £1,800,000 Can Be Transferred To New Buyer
  • Total Equity Around £1,600,000
  • Rent £253,692
  • Around 8.3 % Gross Yield
  • Amazing Investment Opportunity
  • A Saving Of over £400,000 In Stamp Duty
  • Stunning Investment Opportunity
Property Summary
***** what an opportunity we have for buy to let investors to acquire 13 Properties Available To Purchase In A Limited Company Portfolio Sale all fully rented till September 2024 at £253,692 A year which is around an 8% yield. All Properties are recently refurbished and mostly located close to the uea and norfolk & norwich hospital. Serious investors please call the office and speak to stephen russen for more information on *****

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Listed by

Russen & Hill

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Property descriptions and related information displayed on this page are marketing materials provided by - Russen & Hill. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Russen & Hill for full details and further information.

  1. Zoopla
  2. For sale
  3. Norfolk
  4. Norwich
  5. New Costessey
  6. Longwater Lane

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