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.LocationThe 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 nightlife, 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 short distance. Also, within close proximity to the University of East Anglia and the N&N University Hospital.Stracey Road, NorwichThis stunning one-bedroom apartment is located in the heart of Norwich. The property is currently used as a successful Airbnb, making an 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 notesWe understand the property will be sold leasehold and connected to all mains services.Permit parking is available. EPC Rating: G Disclaimer Minors and Brady, along with their representatives, are not authorised 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.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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