1 Bed Flat For Sale Berners Street, Norwich, NR3

£130,000- Flat

1 of 14
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Last Updated: 8th May 2024

Description

Potential to achieve an 8.1% yield! A one bedroom second floor apartment with allocated parking. A fantastic find for first time buyers or investors. Featuring a double bedroom, modern kitchen & bathroom, and a spacious lounge with fireplace. Close to city centre, cafes, parks and shops & transport links.

LOCATION

With a short walk from the city centre, North city is excellent in order to be able to commute to the centre but also outside- with its easy and close access to the ring road which surrounds Norwich. The area includes, shops, all levels of schooling, popular pubs, outlets and bus routes throughout.

PRESS LANE

Introducing this impressive second-floor one-bedroom apartment with allocated parking, ideally situated within walking distance to the vibrant city centre. Boasting well-maintained communal gardens, this property offers a tranquil retreat within a city setting. The interior features a double bedroom, a contemporary kitchen and a modern bathroom, all filled with natural light. The spacious lounge is a focal point, complete with a charming fireplace, providing a cosy ambience.

Conveniently located close to amenities, this property presents an excellent opportunity for first-time buyers seeking a stylish city residence or investors looking for a lucrative rental opportunity. The property's strategic location ensures easy access to local shops, restaurants, and transport links, enhancing its appeal for those seeking a convenient and comfortable lifestyle. Don't miss out on this fantastic opportunity to own a modern and well-appointed apartment in a sought-after location.

AGENTS NOTE

We understand the property will be sold leasehold with 966 years remaining on the lease and connected to mains water, mains electricity and mains drainage.

Our lettings team have estimated the property can achieve £850pcm, generating an 8.1% yield.

Ground rent - £50 P/A.

Maintenance fee - £480 P/A.

Council tax band - A.


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.

Agent Details
Minors & Brady
107 Unthank Road, Norwich, NR2 2PE

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested