This property has been taken off the market.

1 Bed Flat For Sale King Street, Norwich, NR1

£160,000- Flat

1 of 12
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Last Updated: 17th May 2024

Description

Luxurious one-bedroom apartment in prime location within the city centre. Currently generating £1,100pcm with an 8.2% yield, this is a fantastic opportunity for investors looking for a turn-key investment with the chance to purchase the property with tenants in situ. Providing a spacious double bedroom, open plan living with a contemporary kitchen and a stylish bathroom. Call the Norwich office for more information!

LOCATION

Nestled in the heart of Norwich, King Street is steeped in centuries of history. Lined with a harmonious blend of historic facades and modern establishments, it offers a unique tapestry of old-world charm and contemporary charisma. Meandering along King Street, you will find an array of boutique shops, artisanal eateries and vibrant cultural venues, all contributing to the dynamic pulse of this area. With the picturesque River Wensum flowing nearby, it's a delightful spot for leisurely strolls and enjoying the scenic views.

KING STREET

Nestled in a desirable location, this luxurious one-bedroom apartment presents a rare investment opportunity with a current yield of 8.2%. Artfully designed, open-plan living area bathed in natural light, the contemporary kitchen is well-equipped, with integrated appliances. The stylish bathroom adds a touch of elegance to the apartment.

The property offers a seamless transition for first-time buyers seeking a turn-key home, in a prime position within the city centre. For investors, the property currently generates £1,100pcm providing an 8.2% yield, with the added convenience of having the option of tenants in situ available. Situated in close proximity to the train station, offering easy access for daily commuting, residents can enjoy seamless connectivity to city amenities. Don't miss the chance to own this exquisite apartment, where modern living meets unrivalled convenience. Contact us today to schedule a viewing!

AGENTS NOTE

We understand the property will be sold leasehold with 108 years remaining on the lease and connected to mains water, electricity and drainage.

Council tax band - B.

Ground rent - £200 P/A.

Maintenance fee - £2,200 P/A.


EPC Rating: C

Disclaimer

Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

Agent Details
Minors & Brady
107 Unthank Road, Norwich, NR2 2PE

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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