£550,000
(£912/sq. ft)
6 bed detached house for sale
Edward Gambling Court, Norwich NR2Retirement
Freehold
6 beds
3 baths
3 receptions
603 sq. ft
EPC Rating: C
Key information
Tenure
Freehold
Council tax band
A
About this property
An Exciting Opportunity For All Landlords & Investors
Two 2 Bedroom Flats & A 2 Bedroom Detached Bungalow
Popular Location
Close To Local Amenities
All Currently Rented Out Giving A Substantial Annual Return Of £28,800
Attention, landlords and investors! Prepare to embark on an exciting journey with an incredible opportunity awaiting you. We present to you three properties nestled within a thriving lettings portfolio, featuring two cosy two-bedroom flats and a detached, inviting two-bedroom bungalow. Situated off Dereham Road, to the West of Norwich City centre, these properties offer convenience and charm in equal measure. Generating an impressive income, each property commands approximately £800 per calendar month, resulting in a substantial annual return of £28,800. What's more, all three properties are currently occupied by tenants under fixed term Assured Shorthold Tenancies, ensuring a steady flow of income from day one. But that's not all! These properties, built in 2016, boast modern amenities including off-road parking, luxurious travertine bathrooms, energy-efficient air source heat pumps, and comforting underfloor heating. Additionally, each property features its own separate garden, adding a touch of tranquillity and privacy. Don't miss out on this golden opportunity to add these high-quality, income-generating properties to your portfolio. Act now and secure your foothold in Norwich's vibrant property market.
Our vendor, due to retirement, is offering these three rental properties at a discounted rate. Individually, each of the two-bedroom flats would be valued at £175,000, while the detached two-bedroom bungalow would be valued at £250,000, totalling £600,000.
Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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More information
Listed by
Pymm & Co
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