6 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- INVESTMENT OPPORTUNITY - 3 COMMERCIAL UNITS AND A 6 BEDROOM HMO
- SHORT DISTANCE TO THE CITY CENTRE
- FITTED KITCHEN
- SIX BEDROOMS
- PRIVATE ENSUITES IN EVERY ROOM
- 12.6% YIELD
- IN CLOSE PROXIMITY TO ALL LOCAL AMENITIES
- NORTH CITY
Nestled in a highly sought-after location just a short distance from the vibrant city centre, this wonderful flat offers an investment opportunity made up of 3 commercial units and a 6 bedroom HMO, currently generating an annual income of £63,100 creating a 12.6% yield. Whether you are looking to indulge in the bustling city life or escape to the tranquility of the great outdoors, this property provides the ideal balance of urban convenience and natural surroundings.
LOCATION
Magdalen Road in NR3, Norwich, boasts historical charm and city convenience. The streets are adorned with local shops, boutiques, and a vibrant community atmosphere. Residents enjoy easy access to amenities, public transportation, and nearby parks, creating a well-rounded and inviting area with a unique character.
MAGDALEN ROAD
Upon entering the property on the ground floor, you are greeted by an entrance hall, completed with a storage and airing cupboard. The stairs leads you up to the first floor, where you will discover a fitted kitchen to be able to cook your favorite meals and a laundry room for your washing essentials.
Across two floors, this property features a total of six generously sized bedrooms, designed to offer you relaxation and privacy. What sets this property apart is the presence of private ensuites in every room, ensuring the ultimate privacy and convenience for residents.
AGENTS NOTES
We understand that this property is freehold. 3 commercial units and a 6 bed HMO.
Heating system - Gas boiler
Council Tax Band: B
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.
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Property reference a875e565-cd58-4a5b-929f-2c4e305e2c48. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Minors & Brady - Norwich.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area
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