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No longer on the market

This property is no longer on the market

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Block of apartments

Auction
Sold STC
Block of apartments
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Grade II Listed dwelling
  • Four self-contained 1 bedroom flats
  • 3 tenanted and 1 vacant requiring improvement
  • Current income of £19,320 per annum
  • Gardens and 4 parking spaces
  • Fringe town centre location
  • Guide price : £240,000 - £260,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 11:00 am, Thursday 8th May 2025

SOLD AT AUCTION FOR £310,000

A Freehold investment comprising 4 one bedroom flats

On the western outskirts of town and convenient for a range of amenities you'll find this Grade II LIsted four storey property divided into four self contained one bedroom flats.

Three of the flats are let to established tenants and produces and income of £19,320 per annum whilst the basement flat is vacant and in need of some improvements.

To the rear beyond the garden is parking space for 4 cars and with a potential annual yield approaching 10% of the Low Guide price this is certainly an investment opportunity that shouldn't be passed by.

Council Tax Band A
Viewing Open Viewing has been scheduled as follows:

Tues 29th April - 2.00 to 2.30
Tues 6th May - 10.30 to 11.00

BOOKING AN APPOINTMENT IS ESSENTIAL

Please [use Contact Agent Button] to confirm your attendance

Tenure: Freehold

EPC Rating: D

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1140 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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About this agent

Auction House - East Anglia
Auction House - East Anglia
The Barn, Newmarket Road Cringleford Norwich, Norfolk NR4 6UE
01603 398879
Full profileProperty listings
The Auction House team have been holding auctions in East Anglia for over fifteen years. We originally operated under the Tops name, then as Tops Auction House. We have been the Eastern Region’s leading Land and Property auctioneers since 2002 and are highly respected in the area. Sale numbers have grown over the period to over 400 properties per year with success rates averaging out at well over 80% since 2004. Auction House East Anglia draws entries for its auction room in Norwich from a wide geographical area and is supported by a number of market and coastal town Introducer Agents who provide entries and assist with viewings. Auction House East Anglia operates from offices in Norwich (servicing Norfolk), King's Lynn (servicing NW Norfolk and parts of Cambridgeshire), Peterborough (servicing Cambridgeshire) and Ipswich (servicing Suffolk and North Essex) and sells a wide variety of property types covering the residential, land, commercial, investment and agricultural sectors. Many are vacant for improvement, others tenanted or for development. We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. Auction House East Anglia was the model Licensee and provided the template for others to follow. It continues to be one of the most successful operators in the UK and is the ‘first choice’ regional auctioneer across the counties of Norfolk, Suffolk, Cambridgeshire and North Essex.
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