House For Sale £575,000
THREE INDIVIDUAL APARTMENTS A prime investment opportunity on Constitution Hill, just a short drive from the city centre. Introducing an opportunity to acquire three apartments generating £35,700 P/A with a 6.2% yield. The two apartments in the main building boast modern interiors, two ensuites, a balcony, and off-road parking. Located close to the city centre and Sprowston with regular public transport and major transport links easily accessible.
LOCATION
The property is situated in the highly desirable road of Constitution Hill, located in the north city with only a short walk into Norwich City Centre. You can find a wide range of amenities including shopping facilities, bars, restaurants and leisure centres along with the rich historical culture including the famous Norwich Cathedral. Sprowston is only a short drive away where you can also find a wide range of local shops, parks, a local pub and much more.
CONSTITUTION HILL
Presenting a lucrative investment opportunity, currently generating an income of £35,700 per annum with a 6.2% yield. Located for convenience with straightforward access to the city centre, the apartments offer two sizeable bedrooms and private entrances. The interior is well-presented, featuring modern finishes throughout. Offering reception rooms filled with natural light from the bay fronted windows, two stylish ensuites and the first floor apartment has access onto the extensive balcony, a beautiful addition to this property. Benefitting from a low maintenance garden and off-road parking, this property is ideal for investors seeking a turn-key investment. With a strong rental history and a strategic location, this residence promises both stable returns and capital growth potential. Don't miss the chance to capitalise on this impressive asset.
AGENTS NOTE
We understand the property will be sold freehold and connected to all mains services.
EPC Rating: D
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.
