Woodcock Road Norwich, Norfolk, NR3

*Guide Price £90,000 - £100,000* Offering the potential to generate an approximate 9% yield once fully refurbished, this one-bedroom apartment in NR3 is a fantastic choice for both investors and first-time buyers. Situated in a prime central location, it provides excellent prospects for rental returns while offering a cost-effective and practical investment opportunity. The property features a spacious lounge/diner, a separate kitchen with ample storage, a sizeable double bedroom, a bathroom, and a convenient separate WC. Natural light enhances the bright and airy interiors, while secure entry, communal grounds, and designated parking add to its appeal. With low ground rent and no onward chain, it is an opportunity not to be missed.

Location

Positioned on the outskirts of Norwich, Woodcock Road enjoys an ideal location. Residents benefit from nearby amenities, including a Tesco, ensuring effortless daily essentials. With excellent catchment options for schooling, families find this location particularly attractive. Green spaces in the vicinity provide a refreshing environment for leisurely walks and activities with pets. For commuters, easy access to the Northern Distributor Road (NDR) streamlines travel, while swift access into the city unveils a myriad of additional amenities, completing the perfect living experience at Woodcock Road.

Woodcock Road

Discover this outstanding one-bedroom apartment in NR3, offering a prime location just a short journey from Norwich City Centre. Perfect for first-time buyers or investors, this property boasts a thoughtfully arranged layout designed for ease of living. A spacious lounge/diner serves as the main living area, complemented by a separate kitchen that provides ample storage and workspace.

The apartment further includes a sizeable double bedroom, a bathroom and a separate WC for added convenience. With natural light flooding the interiors, secure entry communal grounds, and designated parking, it’s a practical and appealing choice.

While some modernisation is required, this property offers excellent potential to add value and achieve impressive rental returns. Affordable, with low ground rent and no onward chain, this is a fantastic opportunity to step into the property market or enhance your portfolio.

Agents Note

Leasehold - 75 years remain

Maintenance:£1100p/a approx

Ground Rent:£15p/a

Tenure: Leasehold

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Woodcock Road, Norwich, Norfolk, NR3

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