No longer on the market
This property is no longer on the market
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5 bedroom detached house
Key information
Features and description
- High yield investment achieving an impressive 6.8% percent rental yield, making it a lucrative opportunity for landlords
- Licensed HMO, fully compliant with a current house in multiple occupation license, ready for tenants to move in
- Versatile potential, easily converted back into a spacious family home with architectural plans already in place for a ground floor extension
- Spacious interior, featuring large double bedrooms, a bright and airy living space, and a modern well-equipped kitchen
- Additional amenities, separate utility room, downstairs shower room with WC, and a three-piece main bathroom
- Prime corner plot, generous plot size offering further potential for expansion or future value addition
- Outdoor appeal, southwest-facing garden with a patio, lawn, and mature hedging providing a private and sunlit outdoor space
- Garage and parking, off-road driveway parking and a brick-built garage offering ample storage or potential for conversion
- Furniture included (optional), all furnishings can be included in the purchase price
This fantastic investment opportunity boasts an impressive 6.8% rental yield and a current HMO license, making it a prime choice for landlords looking to expand their portfolio. Recently refurbished and redecorated late last year, the property is fully compliant and ready for tenants, with the added benefit that all furniture can be included in the purchase price if required. For those looking beyond investment, the home also holds incredible potential to be returned to a stunning family residence, with architectural plans already in place to extend the ground floor.
Location
This property is situated south of Norwich in the highly desirable area of Eaton, only a short drive into the city centre. A quiet and peaceful, with many green spaces and parks nearby, including Eaton Park and Earlham Park and many beautiful river walking routes. There are also several shops, cafes, and restaurants in the area, including The Cellar House, which is a popular pub with a great selection of food and drinks. Additionally, the property is in a great location for schooling, perfect for families with young children.
Primula Drive
Upon entry, a welcoming entrance hall leads into a spacious living area, offering ample room for comfortable furnishings and a dedicated dining space, perfect for socialising or group gatherings. The well-equipped kitchen is fitted with modern units and appliances, allowing for easy meal preparation. A separate utility room provides a practical laundry area, alongside a handy shower room and WC, adding extra convenience for tenants or residents.
Upstairs, the property features four generously sized double bedrooms, each offering comfort and versatility, whether for tenants or a growing family. The main bathroom includes a three-piece suite, ensuring practicality for multiple occupants. The large corner plot provides further opportunity for future enhancements, making this home not only a high-yield rental but also a strong long-term asset.
Externally, the property sits in a quiet residential area with no through traffic, offering a peaceful setting. The driveway provides off-road parking, while the front lawn adds curb appeal. To the rear, the southwest-facing garden enjoys plenty of natural sunlight, featuring a patio area ideal for outdoor seating, a well-maintained lawn, and mature hedging for privacy. A brick-built garage at the end of the garden offers substantial storage and holds potential for conversion, providing even further scope for value addition.
Agents Note
Sold Freehold
Connected to all mains services
EPC Rating: D
Disclaimer
Minors and Brady, along with their representatives, are not authorised 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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