Positioned in the highly desirable Golden Triangle area of Norwich, this property in Mill Hill Road represents a lucrative investment opportunity in the form of a meticulously converted block of apartments consisting of 4 self-contained one-bedroom flats. Each flat has been fully refurbished and presents a modern living space ideal for catering to the requirements of both young professionals and students alike. With rental value estimates ranging between £825 and £975 per month, equating to annual incomes between £9,900 and £11,700, this investment promises a substantial return on investment for prospective buyers.

Location

Located in Norwich’s sought-after Golden Triangle, Mill Hill Road enjoys a prime position just moments from Unthank Road, with its popular mix of independent shops, cafés, pubs, and eateries. This vibrant area is favoured by professionals and families alike, offering easy access to the city centre, local schools, and the University of East Anglia. The nearby Eaton Park provides expansive green space for outdoor activities, while regular bus routes and convenient road links ensure excellent connectivity throughout the city and beyond.

Mill Hill Road

Occupying a sought-after location popular with those seeking a vibrant and convenient city lifestyle, this property is currently arranged as four self-contained flats—two on the ground floor and two on the upper floor. One of the flats is currently rented for £695 with the others reaching around £850 - £975pcm, as estimated by our lettings team. These projected figures highlight the property's strong income potential, presenting an appealing opportunity for investors looking to grow their portfolio.

Each of the four flats offers a well-thought-out layout comprising a double bedroom, a fully equipped kitchen, and a contemporary shower room. The shared gas central heating system and double-glazed windows throughout the building provide tenants with added comfort and energy efficiency. Furthermore, convenient permit parking options along the street ensure hassle-free mobility for residents or visitors.

The property is conveniently located within walking distance of the diverse array of shops, cafes, and amenities lining Unthank Road, guaranteeing tenants easy access to every-day necessities and leisure opportunities. With excellent public transport connections to Norwich city centre and the University of East Anglia, tenants can navigate the city with ease for work or leisure activities.

Agents Notes

We understand that this property is freehold. Connected to mains electricity, gas, water and drainage.