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8 bed Flat For Sale £1,750,000
Dereham Road, Norwich


Description
DPS Estates are pleased to offer this fantastic investment opportunity for this freehold property comprising of a ground floor commercial unit as well as 4 stunning apartments as well as an existing thriving Air B & B business. The ground floor commercial unit is currently occupied on a 5 year lease and achieving £12,000PA and the apartments are currently let through a successful Air B&B business with an average turnover of £142,800Pa a total income of £154,8000. This freehold property would be an ideal SISS or SIPP investment.
*Part Exchange Welcome*

Apartment A - Spacious Ground Floor Apartment comprising of a spacious open plan living/dining room, study area, ultra modern fully equipped kitchen, two double bedrooms, master with en suite and family bathroom. The apartment also comes with private enclosed courtyard garden. The apartment is generating approximately £25,000PA as part of successful Air B& b business.

Lounge - 6.8 x 4.3 (22'3" x 14'1") -

Kitchen -

Bedroom 1 - 3.6 x3.6 (11'9" x11'9") -

Bedroom 2 - 4.4 x 3.3 (14'5" x 10'9") -

En Suite - 3.4 x 3.3 (11'1" x 10'9") -

Bathroom - 3.4 x 3.3 (11'1" x 10'9") -

Courtyard -

Apartment B - First floor apartment comprising of open plan Kitchen/Living Room, two double bedrooms, bathroom and spacious outdoor terrace. The apartment is generating approximately £25,000PA as part of successful Air B& b business.

Lounge Diner Kitchen - 5.7 x 4.6 (18'8" x 15'1") -

Bedroom 1 - 4.3 x2.4 (14'1" x7'10") -

Bedroom 2 - 3.6 x 2.8 (11'9" x 9'2") -

Bathroom -

Balcony -

Apartment C - First floor apartment comprising of open plan Kitchen/Living Room, two double bedrooms, bathroom and spacious outdoor terrace as well as separate terrace off the master bedroom. . The apartment is generating approximately £25,000PA as part of successful Air B& b business.

Lounge Kitchen Dining Room - 5.7 x 4.6 (18'8" x 15'1") -

Bed 1 - 4.1 x 2.4 (13'5" x 7'10") -

Bed 2 - 3.6 x 2.8 (11'9" x 9'2") -

Bathroom -

Balcony -

Apartment D - Second floor Penthouse apartment comprising of open plan Kitchen/Living Room, two double bedrooms, bathroom and spacious outdoor terrace. The apartment is generating approximately £25,000PA as part of successful Air B& b business.

Lounge Diner - 6.7 x 3.6 (21'11" x 11'9") -

Kitchen - 3.4 x 2.4 (11'1" x 7'10") -

Bedroom 1 - 3.8 x 2.7 (12'5" x 8'10") -

Bedroom 2 - 3.8 x 2.6 (12'5" x 8'6") -

Bathroom -

Baclony -

Ground Floor Commercial Unit - Ground floor commercial unit currently let to a Nail Salon on a 5 year Lease for £12,000PA. The unit comprising of main salon area, separate smaller room and toilet facility.

Area - Exceptional Shopping Norwich is one of the UK's top 15 Shopping destination with two Malls,
The Lanes & historic cobbled streets.

The City centre offer shops, ranging from niche retailers, chic boutiques and major department stores such as House of Fraser, Jarrolds & John Lewis as well as other well-known high street names.
Outstanding Eating and Drinking Norwich has an enviable reputation for the variety and quality of its restaurants and brasseries, lively bars & clubs that serve every taste are complemented by live music venues and quiet riverside pubs. A Fabulous Working & Learning Environment Norwich, a regional centre for finance, creative media & technology, is home to world-leading scientific research in energy, environment & life sciences at the University of East Anglia and media & technology at the Norwich University of the Arts. Noted Sport, Culture & Entertainment. On hand are several theatres, playhouses & cinemas and the unique Writers' Centre and Millennium Library. Norwich City Football Club, swimming pools and a range of fitness centres are close-by and other team sports clubs including rugby, rowing, canoeing & sailing on the Broads are all situated within a few miles.


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