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Caister-On-Sea

48  High Street
Caister-on-Sea
NR30 5EH

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

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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

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107  Unthank Road
Norwich
NR2 2PE

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T: 01603 365085

 

Diss

46-47 Mere St
Diss
IP22 4AG

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T: 01379 771444

Oulton Broad

2a Ivy Lane
Oulton Broad
NR33 8QH

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

Suffolk Square, Norwich

Guide Price £160,000Leasehold

411
Brochure

Key Information

Tenure:Leasehold
Service charge:£588 per year
Ground rent:£5 per year
Time remaining on lease:88 years
Council tax band:A
Broadband:up to 295Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Four generously sized bedrooms
Bright open-plan lounge and kitchen
Integrated appliances and ample countertop space
Modern shower room plus additional separate WC
Secluded private balcony with views over Jenny Lind Park
Free residents parking and secure built-in bike store
Move-in ready with optional furnishings
Although not currently tenanted, last year the property generated a rental income of approximately £1,530 per month
Impressive 9% yield
Guide Price: £160,000-£170,000

Description

Guide Price: £160,000-£170,000. Great for both families and investors, this top-floor apartment offers four spacious bedrooms and a modern shower room across two floors. The bright open-plan living area with an integrated kitchen is ideal for everyday family living. A private balcony with views over Jenny Lind Park provides an outdoor space, while ample, private parking and a secure bike store add convenience. Investors will appreciate the reliable rental income of approximately £1,530 per month, resulting in an impressive 9% yield, this property is move-in ready and fully furnished if desired, offering an immediate space for families or delivering swift returns for investors.

Location

Suffolk Square is perfectly positioned for both students and families, with the University of East Anglia just a short distance away, making it an ideal spot for those studying in Norwich. Its close proximity to the Norfolk and Norwich Hospital is also an asset, catering to medical professionals and staff. The property benefits from a central location, just a short stroll from the city centre, offering a wide range of shops, cafes, and restaurants for all to enjoy.

Families will appreciate the nearby Jenny Lind Park, providing a green space for relaxation and recreation, while everyday essentials are easily accessible with a Tesco Express just moments away. The lively Unthank Road, within walking distance, offers a variety of local amenities, including a fish and chip shop and the popular William and Florence restaurant. For commuters, the A11 and A47 are quickly accessible, offering convenient links to the wider region and beyond.

Suffolk Square

This top-floor apartment offers an exceptional opportunity for those seeking a spacious and functional family home across two floors. With four generously sized bedrooms and a thoughtfully designed layout, this property provides ample room for families to grow and thrive in a city centre locaton.

The modern shower room plus additional separate WC enhance practicality, while the open-plan lounge and kitchen create a bright, welcoming space ideal for family life. The kitchen is equipped with appliances and plenty of countertop space and the large living area offers a comfortable environment for daily activities.

The secluded private balcony, overlooking Jenny Lind Park, provides a delightful outdoor space where residents can relax and take in the scenic views. This modern home offers practical features such as gas central heating and double glazing, ensuring year-round comfort and energy efficiency.

Adding to its appeal, the property benefits from a lift—ideal for moving furniture effortlessly—and secure access to the building, enhancing safety. Ample private parking for residents and a secure bike store further contribute to the home’s practicality, making it an excellent choice for families.

Beyond being an ideal family home, this apartment also presents a great investment opportunity. Generating an impressive rental income of approximately £1,530 per month, it provides an attractive 9% yield. Whether you're a family or looking to expand your property portfolio, this home offers both immediate returns and long-term value. With its versatile layout and desirable location, it’s the perfect combination of family living and potential rental income.

Agents Note

Sold Leasehold

Connected to all mains services.

The vendor has advised there is approximately 89 years remaining on the lease. The service charge is approximately £50 per calendar month and the ground rent is approximately £10 per annum.

Arrange Viewing

Bignold Primary School and Nursery
(0.18 miles)
Good
Number of pupils: 458
Age Range: 2 - 11
Avenue Junior School
(0.43 miles)
Good
Number of pupils: 465
Age Range: 7 - 11
Town Close Co-Educational Preparatory School
(0.45 miles)
Number of pupils: 556
Age Range: 2 - 14
Red Balloon - Norwich
(0.46 miles)
Outstanding
Number of pupils: 30
Age Range: 11 - 17
The Free School Norwich
(0.48 miles)
Good
Number of pupils: 176
Age Range: 4 - 11
Norwich High School for Girls
(0.52 miles)
Number of pupils: 1003
Age Range: 3 - 19
The Parkside School, Norwich
(0.56 miles)
Outstanding
Number of pupils: 172
Age Range: 7 - 17
Recreation Road Infant School
(0.59 miles)
Outstanding
Number of pupils: 334
Age Range: 5 - 7
Notre Dame High School, Norwich
(0.61 miles)
Good
Number of pupils: 1494
Age Range: 11 - 18
Notre Dame Preparatory School (Norwich) Limited
(0.69 miles)
Number of pupils: 220
Age Range: 2 - 11

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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