Room 11, 118 Thorpe Road, Norwich, Norfolk, NR1

££940,000

10 Bedroom Detached House For Sale

Calling all investors! A rare opportunity to acquire a 10 bedroom HMO within a highly desirable, central location. Currently generating a monthly rental income of £5,250 with a 7% yield. Situated only a stones throw away from Norwich Train Station, Riverside Retail Park and the wide range of amenities the city centre offers. The property benefits from well-kept grounds, a communal kitchen and off-road parking. Sold with tenants in situ, perfect for investors looking for a turn-key investment opportunity.

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.

THORPE ROAD

Nestled in a highly sought-after area, this property enjoys close proximity to key amenities. Norwich Train Station is within a short stroll, offering excellent transport links. Riverside Retail Park provides a range of shopping and dining options, while the bustling city centre, with its vibrant culture, restaurants, and entertainment, is just minutes away.

Presenting an exceptional investment opportunity, this expansive 10-bedroom House of Multiple Occupancy (HMO) with an attached self-contained flat offers an impressive rental income of £5,250 per calendar month, delivering a substantial 7% yield. The property benefits from a large communal kitchen with plenty of space for white goods. To the front of the property, you can enjoy ample-off road parking, a rare find in such a central location.

AGENTS NOTE

We understand the property will be sold freehold and connected to all mains services. Council tax band - E.

Tenure: Freehold

Room 11, 118 Thorpe Road, Norwich, Norfolk, NR1
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Office Details

Norwich
107 Unthank Road
Norwich
NR2 2PE

01603 365085
norwich@minorsandbrady.co.uk

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