Map1 bedroom flat for sale
Key information
Features and description
- Tenure: Leasehold (75 years remaining)
- Low ground rent combined with no onward chain, ensuring affordability and a hassle free transaction
- Prime NR3 location near Norwich City Centre
- Well maintained communal grounds offering an attractive setting and parking for convenience
- Bright and spacious lounge/diner
- Separate kitchen with ample storage
- Flooded with natural light, creating a welcoming and airy atmosphere throughout the property
- Secure entry system ensuring safety and peace of mind for residents
- Opportunity to modernise and add significant value, making it appealing for investors or personalisation
- This apartment has the potential to generate an approximate 9% yield if fully refurbished and brought up to modern standards
- Guide Price £90,000 £100,000
*Guide Price £90,000 - £100,000* Offering the potential to generate an approximate 9% yield once fully refurbished, this one-bedroom apartment in NR3 is a fantastic choice for both investors and first-time buyers. Situated in a prime central location, it provides excellent prospects for rental returns while offering a cost-effective and practical investment opportunity. The property features a spacious lounge/diner, a separate kitchen with ample storage, a sizeable double bedroom, a bathroom, and a convenient separate WC. Natural light enhances the bright and airy interiors, while secure entry, communal grounds, and designated parking add to its appeal. With low ground rent and no onward chain, it is an opportunity not to be missed.
Location
Positioned on the outskirts of Norwich, Woodcock Road enjoys an ideal location. Residents benefit from nearby amenities, including a Tesco, ensuring effortless daily essentials. With excellent catchment options for schooling, families find this location particularly attractive. Green spaces in the vicinity provide a refreshing environment for leisurely walks and activities with pets. For commuters, easy access to the Northern Distributor Road (NDR) streamlines travel, while swift access into the city unveils a myriad of additional amenities, completing the perfect living experience at Woodcock Road.
Woodcock Road
Discover this outstanding one-bedroom apartment in NR3, offering a prime location just a short journey from Norwich City Centre. Perfect for first-time buyers or investors, this property boasts a thoughtfully arranged layout designed for ease of living. A spacious lounge/diner serves as the main living area, complemented by a separate kitchen that provides ample storage and workspace.
The apartment further includes a sizeable double bedroom, a bathroom and a separate WC for added convenience. With natural light flooding the interiors, secure entry communal grounds, and designated parking, it’s a practical and appealing choice.
While some modernisation is required, this property offers excellent potential to add value and achieve impressive rental returns. Affordable, with low ground rent and no onward chain, this is a fantastic opportunity to step into the property market or enhance your portfolio.
Agents Note
Leasehold - 75 years remain
Maintenance:£1100p/a approx
Ground Rent:£15p/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.
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