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Guide price

£160,000

(£265/sq. ft)

1 bed flat for sale
Stracey Road, Norwich NR1

    • 1 bed

    • 1 bath

    • 1 reception

    • 603 sq. ft

  • EPC Rating: G

Chain free
Added on 06/12/2023

About this property

  • Fantastic investment opportunity in the heart of Norwich

  • Successful Airbnb generating an annual income of £23,737 (approx. 12.17% yield)

  • Stylish one-bedroom apartment in immaculate condition

  • Bright open plan living area with a charming bay window

  • Contemporary fitted kitchen with breakfast bar and quality fixtures

  • Spacious double bedroom offering a calm and comfortable space

  • Modern ensuite shower room with sleek fittings

  • Within walking distance of Norwich train station and city centre amenities

  • Chain-free and turn-key property, ideal for investors or first-time buyers

Tenure: Leasehold

An immaculately presented one-bedroom apartment only a short walk away from the train station and the city centre amenities, currently used as a successful Airbnb. The property currently generates an annual income of £23,737 with a 12.17% yield. The property boasts a bright and stylish interior throughout with an open plan kitchen and lounge with a breakfast bar, modern bathroom, a double bedroom and a beautiful bay window to the front aspect. A fantastic opportunity for investors looking to expand their portfolio and acquire a chain-free and turn-key property.

Location

The property is located within just a short walk from the centre of Norwich, the popular medieval city and the heart of East Anglia. The train station is only a short walk away from the property and offers easy access to an array of places, such as London and Cambridge. The city provides lively nightlife, cultural and social activities, as well as a great shopping experience. Local shopping facilities, supermarkets, public houses, and a range of parks are all within a short distance. Also, within close proximity to the University of East Anglia and the N&N University Hospital.

Stracey Road, Norwich

This stunning one-bedroom apartment is located in the heart of Norwich. The property is currently used as a successful Airbnb, making an annual income of £23,737, a fantastic investment opportunity generating an impressive yield of 12.17%.

Entering the property, you are welcomed into a hall ideal for housing shoes and coats before entering the main reception area with a door also providing access into the double bedroom.

The open plan lounge and kitchen is filled with natural light from the charming bay window to the front aspect and is a great space to relax and unwind in away from the hustle and bustle of city life. Expect to find a contemporary kitchen with high quality fixtures and fittings with space for several appliances, a breakfast bar and neutral stylish interior.

From the hall, you can access the double bedroom providing a peaceful retreat and modern ensuite bathroom fitted with a sizeable shower cubicle.

Agents notes

We understand the property will be sold leasehold and connected to all mains services.

Permit parking is available.

EPC Rating: G

Disclaimer

Minors and Brady (M&B), along with their representatives, aren’t authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

More information

  • Tenure

  • Council tax band

    A

  • Ground rent

    £0

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