Investment opportunity sold with tenants in situ! Currently generating an 8% yield with a yearly income of £14,400, this three bedroom, turn-key investment is set within the highly desirable postcode of NR2 with great accessibility to the university, hospital and city centre. Permit parking is available.

LOCATION

Nestled in the heart of Norwich, Paragon Place offers an unparalleled blend of city living and historic charm. Situated within close proximity to a range of amenities, residents enjoy easy access to local shops, restaurants and cultural attractions. The renowned Plantation Gardens, a hidden gem in this vibrant area, provides a serene escape with its lush greenery and Victorian architecture.

PARAGON PLACE

Welcome to this inviting three-bedroom home offering a comfortable and practical living space. As you enter through the hallway, you will find a well-appointed kitchen with a range of base and wall units, equipped with an electric cooker, gas hob, extractor fan, fridge-freezer, and washing machine. The kitchen seamlessly opens into a spacious dining area with a table and four chairs, featuring two windows to the side aspect and a radiator.

The generously sized living room is bathed in natural light from two windows to the side, creating a bright and airy atmosphere. Moving through the rear hallway, you will discover access to the bathroom, separate WC and all three bedrooms. The bedrooms include a cosy double room with carpet flooring and a window to the side aspect, a spacious double bedroom with fitted wardrobes, and another double bedroom with ample space and natural light.

The bathroom features a suite with a shower over the bath and a hand wash basin, while the separate WC offers additional convenience. External features include communal gardens and permit parking, providing a relaxing outdoor space and practicality for residents.

AGENTS NOTE

We understand that the property will be sold leasehold and connected to the mains electricity, gas, water and drainage along with double glazing throughout.
Maintenance charge - £350 P/A.
950 years remaining on the peppercorn lease.
Council Tax Band 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.

Welcome to Minors & Brady, your local, independent estate agents. If you're thinking of buying, selling, or letting, then you've come to the right place. We were recently awarded first place in 'best estate agency office' in the whole of Norfolk and Suffolk and we came third in the whole of the U.K. at the ESTAS, the UK's largest estate agency awards hosted by Phil Spencer from 'Location Location'. Our story is an interesting one. Jamie Minors and Alex Brady were passionate estate agents who had relentlessly worked their way up from Trainee Negotiators, to Senior Valuers, to Branch Managers for other firms; Pymm & Co and Haart respectively. Both Jamie and Alex had a long term plan to build their way of buying and selling via their own brand to ensure their same ethos was practiced daily. As competing rivals in the property industry, but friends outside of business, they coincidentally both realised they were due to set up their own firms in the same area. After much discussion, they both realised they wanted the same thing; to deliver the best possible service to all buyers and sellers across Norfolk, with one 'super team' under one brand. From there, as they say, the rest is history. Minors & Brady is now an award winning estate agent offering an unrivalled level of service in our area. Our key strength is that an owner of the business oversees all aspects of buying and selling, 7 days a week.

No longer on the market

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