- INCREDIBLE HMO RESIDENCE - YIELD 9.1% +
- CURRENT TOTAL INCOME - £33,000 P/A +
- COMFORTABLE AND CONTEMPORARY FEEL +
- PRESENTED TO A HIGH STANDARD +
- CITY OUTSKIRTS - IN CLOSE PROXIMITY TO ALL LOCAL AMENITIES AND NATURAL SURROUNDINGS +
- FIVE BEDROOMS, TWO BATHROOMS & ENSUITE +
- WELL-EQUIPPED KITCHEN/DINER +
- MODERN LOUNGE - FILLED WITH NATURAL LIGHT +
- FULLY ENCLOSED COURTYARD +
- PERMIT PARKING AVAILABLE +
Guide Price of £350,000 to £375,000. An exquisite opportunity presents itself with this incredible 5-bedroom terraced house, boasting the rarity of an HMO residence, located on the captivating city outskirts. The property exudes a comfortable and contemporary feel, appealing to a discerning buyer looking for modern, high quality design combined with a practical living space.
LOCATION
Just a short walk from the city centre, the area provides easy access to all the amenities Norwich offers, as well as outer Norwich, accessed from the ring road. The area has a great selection of shops, schools, pubs and cafes just a stone's throw away, and connects with bus routes linking to the city centre and beyond. The property is also just a short walk from popular Mousehold Heath, famous for its dog walking trails and woodland walks.
MAGDALEN ROAD
Presented to a high standard throughout, this residence stands as a testament to quality living and attention to detail. The property effortlessly merges sophistication with a warm ambiance, catering to a diversity of tastes and preferences.
At the heart of the home lies an incredible open-plan kitchen/diner, well-equipped with high quality units and appliances to enhance your cooking experience. Offering ample amount of storage space and under counter areas for your laundry essentials. Transitioning into the lounge, filled with an abundance of natural light, for you to unwind and relax on your comfortable furniture. Spanning across multiple levels, this home boasts five generously proportioned bedrooms, each designed to offer you relaxation and privacy. One of which flaunts a private ensuite, adding a convenient yet luxury touch. Both bathrooms comprises of a modern three piece suite, accommodating the rest of the household.
Outside, a fully enclosed low maintenance courtyard provides a serene spot for enjoying the fresh air or soaking up the afternoon sun. For added convenience, permit parking is available, ensuring that residents never have to worry about finding a space for their vehicles.
AGENTS NOTES
We understand that this property is freehold. Connected to mains water, electricity, gas and drainage.
Heating system - Combi central heating.
Rental income:
Current monthly income - £2750, increasing next year.
Current yearly income - £33,000.
Council Tax Band: B
EPC Rating: D
Disclaimer
Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.