2 Bed Flat, Single Let, Norwich, NR3 2PS, £125,000

146 Bowers Avenue, Norwich, Norfolk, NR3 2PS - 3 views - 2 years ago

Leasehold
BTL
ROI: 5%
~64 m²
+10 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £125,000

September 25, 2023

Sold for £90,000

2018

Sold for £79,000

2006

Floor Plans

Description

  • Ideal First Time Buy +
  • Two Double Bedrooms +
  • Ideal Investment Opportunity +
  • Balcony From The Bedroom & Living Room +
  • Well Maintained Communal Gardens +
  • Currently Tenanted Annual Income Of £8640 +
  • Sought After Location +
  • Close To The City Centre +
  • Spacious Living Room +

The Property
* No Chain *

A two-bedroom mid floor apartment situated in this sought after and well-regarded residential location. The property is an ideal 'first time buy' or 'investment opportunity' for a potential landlord. Currently Tenanted and bringing in an annual income of £8640 - This two-bedroom flat makes a great rental investment with the current yield at 6.6% (stc). It is located on a quiet residential estate to the north of Norwich.

Accommodation comprises:

Entrance hall
Kitchen
Living/dining room with door to balcony.
Two spacious double bedrooms with fitted cupboards
Bathroom

The property also benefits from double glazing and well-maintained communal gardens and an internal viewing is highly recommended.

Communal Entrance - Entered via an intercom entry system with stairs rising to the first floor and door to the entrance hall.

Property ownership information

Ground rent review period: Every 1 year

Service charge review period: Every 1 year

Lease end date: 25/03/2127

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details

Purplebricks, covering Norwich

020 3834 7901

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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