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Caister-On-Sea

48  High Street
Caister-on-Sea
NR30 5EH

E: caister@minorsandbrady.co.uk
T: 01493 806188

Lettings

Station Road
Hoveton
NR12 8UR

E: lettings@minorsandbrady.co.uk
T: 01603 801844

Wroxham

6  Church Road
Wroxham
NR12 8UG

E: homes@minorsandbrady.co.uk
T: 01603 783088

Dereham

9a  Market Place
Dereham
NR19 2AW

E: dereham@minorsandbrady.co.uk
T: 01362 700820

Norwich

107  Unthank Road
Norwich
NR2 2PE

E: norwich@minorsandbrady.co.uk
T: 01603 365085

 

Diss

46-47 Mere St
Diss
IP22 4AG

E: diss@minorsandbrady.co.uk
T: 01379 771444

Oulton Broad

2a Ivy Lane
Oulton Broad
NR33 8QH

E: oultonbroad@minorsandbrady.co.uk
T: 01502 447788

Hastings Way, Sutton

Offers Over £130,000Freehold

211
Brochure

Key Information

Tenure:Freehold
Council tax band:A
Broadband:up to 80Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Strong 6.8% yield
Tenants in situ until December - Investors purchase only
Generating £800 per month in rent
Spacious reception room with dual-windows
Modern fully renovated kitchen
Two generous double bedrooms
Private entrance
Located in the sought-after village of Sutton
Excellent travel links to Stalham Wroxham and Norwich

Description

The property offers a strong 6.8% yield with tenants in situ until December, providing a secure income stream from day one. This two-bedroom maisonette is a fantastic investment opportunity, generating £800 per month in rent. Featuring a spacious reception room, modern kitchen, and two generous double bedrooms. With a private entrance and easy access to local amenities, including shops and cafes, the property is perfectly located in the sought-after village of Sutton. Don’t miss out on this excellent opportunity to acquire a low-maintenance asset with reliable returns.

The Location

Located on Hastings Way, Sutton offers a peaceful and quiet community. The village provides a great setting with good school options nearby and a charming church that adds to the area’s character.

Sutton is also conveniently close to Stalham, where you'll find a Tesco supermarket and other local amenities. Additionally, Wroxham is just a short drive away, offering even more conveniences and easy access to Norwich. This location combines the calm of countryside living with great connections to surrounding areas.

Hastings Way

This two-bedroom maisonette in the highly sought-after village of Sutton presents an outstanding opportunity for investors. Currently tenanted, the property generates £800 per month, offering an impressive 6.8% yield – a fantastic return on investment. With tenants in situ until December, this property ensures a steady income stream from day one.

The maisonette features a spacious reception room that provides a comfortable living area. The fully renovated kitchen is modern and functional, designed to meet the needs of contemporary living.

There are two generous double bedrooms, offering plenty of space for tenants, alongside a well-appointed family bathroom. One of the key highlights of this property is its private entrance, providing a sense of exclusivity and added convenience for the residents.

Located in the charming village of Sutton, the property is well-positioned near local amenities, including independent shops, cafes, and boat hire services. For those who enjoy outdoor activities, the nearby River Bure offers scenic walks and boat tours.

The area also benefits from excellent travel links, ensuring that all essential services are within easy reach, making it a prime location for tenants. With a tenant in place and a strong rental yield, this maisonette is an excellent investment opportunity. Don’t miss out on securing this property in one of Sutton’s most desirable areas – a smart addition to any property portfolio.

Agents Note

Sold Freehold

Tenants in place until December.

The property is currently owned by an absentee landlord, with an indemnity policy in place, which will be easily accessible to the future owner or buyer. Notably, the landlord has never charged for ground rent or maintenance, offering a hassle-free experience for potential buyers.

Connected to mains electricity, water and drainage.

Arrange Viewing

Sutton CofE VC Infant School
(0.21 miles)
Good
Number of pupils: 62
Age Range: 4 - 7
Stalham Academy
(0.37 miles)
Good
Number of pupils: 259
Age Range: 7 - 11
Stalham Infant School and Nursery
(0.37 miles)
Good
Number of pupils: 83
Age Range: 2 - 7
Stalham High School
(0.75 miles)
Good
Number of pupils: 419
Age Range: 11 - 16
Hickling CofE VC Infant School
(1.82 miles)
Good
Number of pupils: 39
Age Range: 2 - 7
Catfield Voluntary Controlled CofE Primary School
(1.92 miles)
Requires improvement
Number of pupils: 89
Age Range: 3 - 11
The Stables Independent School
(2.12 miles)
Requires Improvement
Number of pupils: 15
Age Range: 6 - 14
All Saints School
(2.55 miles)
Inadequate
Number of pupils: 72
Age Range: 7 - 17
East Ruston Infant School & Nursery
(3.21 miles)
Good
Number of pupils: 18
Age Range: 2 - 7
Ludham Primary School and Nursery
(3.57 miles)
Good
Number of pupils: 108
Age Range: 3 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£650 /mo.25 Years, 4.5% Interest
Loan
£117,000
Total Repay
£195,097

Stamp Duty

You’ll have to pay the stamp duty of:
£100
0% up to £125,000
2% from £125,000 to £130,000
Your effective stamp duty rate is 0.08%

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