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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

King Street, Norwich

Offers Over £140,000Leasehold

111
Brochure

Key Information

Tenure:Leasehold
Service charge:Not available
Ground rent:Not available
Time remaining on lease:Not available
Council tax band:B

Key Features

INVESTMENT OPPORTUNITY CURRENTLY GENERATING AN 8.8% YIELD
LUXURIOUS ONE BEDROOM APARTMENT
OPEN PLAN LIVING AREA
CONTEMPORARY, WELL-EQUIPPED KITCHEN
STYLISH BATHROOM
OPPORTUNITY TO PURCHASE WITH TENANTS IN SITU
PERFECT FOR FIRST TIME BUYERS LOOKING FOR A TURN-KEY HOME
SHORT WALK TO THE TRAIN STATION

Description

Luxurious one-bedroom apartment in prime location within the city centre. Currently generating £1,100pcm with an 8.8% yield, this is a fantastic opportunity for investors looking for a turn-key investment with the chance to purchase the property with tenants in situ. Providing a spacious double bedroom, open plan living with a contemporary kitchen and a stylish bathroom. Call the Norwich office for more information!

LOCATION

Nestled in the heart of Norwich, King Street is steeped in centuries of history. Lined with a harmonious blend of historic facades and modern establishments, it offers a unique tapestry of old-world charm and contemporary charisma. Meandering along King Street, you will find an array of boutique shops, artisanal eateries and vibrant cultural venues, all contributing to the dynamic pulse of this area. With the picturesque River Wensum flowing nearby, it's a delightful spot for leisurely strolls and enjoying the scenic views.

KING STREET

Nestled in a desirable location, this luxurious one-bedroom apartment presents a rare investment opportunity with a current yield of 8.8%. Artfully designed, open-plan living area bathed in natural light, the contemporary kitchen is well-equipped, with integrated appliances. The stylish bathroom adds a touch of elegance to the apartment.

The property offers a seamless transition for first-time buyers seeking a turn-key home, in a prime position within the city centre. For investors, the property currently generates £1,100pcm providing an 8.8% yield, with the added convenience of having the option of tenants in situ available. Situated in close proximity to the train station, offering easy access for daily commuting, residents can enjoy seamless connectivity to city amenities. Don't miss the chance to own this exquisite apartment, where modern living meets unrivalled convenience. Contact us today to schedule a viewing!

AGENTS NOTE

We understand the property will be sold leasehold with 108 years remaining on the lease and connected to mains water, electricity and drainage.

Council tax band - B.

Ground rent - £200 P/A.

Maintenance fee - £2,200 P/A.

Viewings not available

Charles Darwin Primary School
(0.21 miles)
Outstanding
Number of pupils: 296
Age Range: 4 - 11
Norwich School
(0.21 miles)
Number of pupils: 1250
Age Range: 4 - 18
Jane Austen College
(0.35 miles)
Outstanding
Number of pupils: 1048
Age Range: 11 - 19
The Free School Norwich
(0.38 miles)
Good
Number of pupils: 176
Age Range: 4 - 11
Notre Dame High School, Norwich
(0.42 miles)
Good
Number of pupils: 1494
Age Range: 11 - 18
Bignold Primary School and Nursery
(0.58 miles)
Good
Number of pupils: 458
Age Range: 2 - 11
Magdalen Gates Primary School
(0.65 miles)
Good
Number of pupils: 193
Age Range: 5 - 11
Norwich Steiner School
(0.81 miles)
Good
Number of pupils: 88
Age Range: 3 - 19
Lionwood Infant and Nursery School
(0.82 miles)
Outstanding
Number of pupils: 218
Age Range: 3 - 7
Lionwood Junior School
(0.83 miles)
Good
Number of pupils: 289
Age Range: 7 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£700 /mo.25 Years, 4.5% Interest
Loan
£126,000
Total Repay
£210,105

Stamp Duty

You’ll have to pay the stamp duty of:
£300
0% up to £125,000
2% from £125,000 to £140,000
Your effective stamp duty rate is 0.21%

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