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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

Sold STC

Josephine Close, Norwich

Guide Price £120,000Leasehold

111
Brochure

Key Information

Tenure:Leasehold
Service charge:£1,009 per year
Ground rent:£100 per year
Time remaining on lease:120 years
Council tax band:A
Broadband:up to 1800Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Chain free
Rental yield of 6.8%
Ideal for first-time buyers and investors
Spacious and well-maintained
Ground-floor apartment
One double bedroom
Kitchen with built-in cupboards and counter space
Quiet location
Close to the city with easy access to bus routes
Guide Price £120,000 - £130,000

Description

Guide Price £120,000 - £130,000

Conveniently located on one floor, this ground-floor 1-bedroom apartment is on a quiet street, close to the city centre. It presents an exceptional opportunity for investors seeking a profitable buy-to-let venture. The apartment features one spacious double bedroom, offering both comfort and practicality.

Location

Josephine Close in Norwich is a charming residential area that offers a peaceful setting while being conveniently close to the city centre. The neighbourhood features a mix of homes, including well-maintained flats and houses, making it an attractive option for various buyers and renters. With local amenities, reputable schools such as Lakenham Primary and Hewett Academy nearby, and easy access to Norwich railway station, the area combines comfort with practicality. Residents benefit from a strong sense of community, minimal traffic, and the convenience of shops, dining, and entertainment just a short distance away.

Josephine Close, Norwich

Upon entering, a welcoming hallway leads you seamlessly through the apartment. To your right, the shower room is conveniently positioned for easy access.

Further down the hallway, you’ll find the kitchen, which features built-in cupboards and ample counter space, creating a practical and functional space for cooking.

The generously sized lounge includes a fireplace and offers a versatile area for both relaxation and entertaining. A window allows natural light into the room, creating a warm and comfortable atmosphere.

The spacious double bedroom includes built-in cupboards, providing stylish and practical storage without compromising on space.

Additional storage in the hallway ensures a clutter-free and well-organised living environment.

Outside, there is a front garden, offering a pleasant outdoor space to enjoy.

For added convenience, off-road parking is provided by the garage.

For those looking for an investment opportunity, our lettings team has provided an estimated rental value of £850 pcm. This would offer a yield of around 6.8%. For further information, please contact our sales or lettings teams.

Agents notes

We understand the property will be sold leasehold, connected to mains services water, electricity and gas.

Ground rent- £100 p/a

Service fee/Insurance- £1,009.47 p/a

121 years remaining on the lease.

Heating system-Gas central heating

Council Tax Band - A

Viewings not available

The Hewett Academy, Norwich
(0.13 miles)
Good
Number of pupils: 298
Age Range: 11 - 18
The Wherry School
(0.25 miles)
Good
Number of pupils: 103
Age Range: 4 - 19
Harford Manor School, Norwich
(0.32 miles)
Good
Number of pupils: 89
Age Range: 3 - 19
Norwich Steiner School
(0.32 miles)
Good
Number of pupils: 88
Age Range: 3 - 19
Lakenham Primary School
(0.34 miles)
Good
Number of pupils: 430
Age Range: 3 - 11
Town Close Co-Educational Preparatory School
(0.37 miles)
Number of pupils: 556
Age Range: 2 - 14
Edith Cavell Academy and Nursery
(0.51 miles)
Good
Number of pupils: 223
Age Range: 3 - 11
Tuckswood Academy and Nursery
(0.56 miles)
Requires improvement
Number of pupils: 300
Age Range: 3 - 11
Notre Dame High School, Norwich
(0.57 miles)
Good
Number of pupils: 1494
Age Range: 11 - 18
The Free School Norwich
(0.62 miles)
Good
Number of pupils: 176
Age Range: 4 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£600 /mo.25 Years, 4.5% Interest
Loan
£108,000
Total Repay
£180,090

Stamp Duty

You’ll have to pay the stamp duty of:
£0
0% up to £120,000
Your effective stamp duty rate is 0%

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