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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

Stracey Road, Norwich, NR1

Guide Price £160,000Leasehold

111
Brochure

Key Information

Tenure:Leasehold
Service charge:Not available
Ground rent:Not available
Time remaining on lease:Not available
Council tax band:A
Broadband:up to 1800Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Investment opportunity
Short walk to the train centre
Bright open plan living space
Breakfast bar
Contemporary kitchen
Ensuite bathroom
Successful Airbnb
Immaculate condition
Close to amenities

Description

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.

This stunning one bedroom apartment is located in the heart of Norwich. The property is currently used as a successful Airbnb making a 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 NOTE

We understand the property will be sold leasehold and connected to all mains services.
Permit parking is available.

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 night life, 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 close range. Also, within close proximity to the University of East Anglia and the N&N university hospital.

Arrange Viewing

Lionwood Infant and Nursery School
(0.32 miles)
Outstanding
Number of pupils: 218
Age Range: 3 - 7
Charles Darwin Primary School
(0.36 miles)
Outstanding
Number of pupils: 296
Age Range: 4 - 11
Lionwood Junior School
(0.54 miles)
Good
Number of pupils: 289
Age Range: 7 - 11
Norwich School
(0.64 miles)
Number of pupils: 1250
Age Range: 4 - 18
Notre Dame High School, Norwich
(0.65 miles)
Good
Number of pupils: 1494
Age Range: 11 - 18
The Free School Norwich
(0.74 miles)
Good
Number of pupils: 176
Age Range: 4 - 11
Norwich Steiner School
(0.82 miles)
Good
Number of pupils: 88
Age Range: 3 - 19
Lakenham Primary School
(0.87 miles)
Good
Number of pupils: 430
Age Range: 3 - 11
Jane Austen College
(0.88 miles)
Outstanding
Number of pupils: 1048
Age Range: 11 - 19
Mousehold Infant & Nursery School
(0.98 miles)
Outstanding
Number of pupils: 256
Age Range: 3 - 7

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£800 /mo.25 Years, 4.5% Interest
Loan
£144,000
Total Repay
£240,120

Stamp Duty

You’ll have to pay the stamp duty of:
£700
0% up to £125,000
2% from £125,000 to £160,000
Your effective stamp duty rate is 0.44%

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