4 bed semi-detached house for sale

Rachel Close, Norwich NR5

4 Bedroom Semi-Detached House Extremely Close to uea and Hospital
Ideal for Investors and Landlords
Double Glazed and Central Heating (fairly recent combi boiler)
Reception Room, Kitchen, Conservatory Front Porch
Currently configured as 3 Bedrooms upstairs, (2 large Doubles, 1 Single) and 1 Large Double Bedroom Downstairs ( can easily be converted back to a Lounge.)
Bathroom, Utility room, Downstairs Cloakroom
Detached Concrete Garage
Off-street parking for 2 vehicles.
Gardens to front and rear
Kitchen/ Diner Reception 21'7" x 9' (6.58m x 2.74m)
Downstairs Bedroom 4 (Ex Lounge) 14' x 12'5" (4.27m x 3.79m)
Bedroom 1 13'3" x 8'8" (4.04m x 2.44m)
Bedroom 2 12' x 10.3" (3.66m x 3.12m)
Bedroom 3 9'3" x 8'3" (2.82m x 2.52m)

The house has been tenanted by students and medical staff for many years, it always lets out instantly and is in high demand. It is currently tenanted to 4 medical staff on an Assured Shorthold Tenancy Agreement until September 2025 producing a monthly rent of £1300. The tenants have been informed of the sale and are happy to leave or renew the agreement if the purchaser wishes to have immediate income on completion.
To achieve a much higher income the house would benefit from a few internal improvements and modernisation. This is the reason for the lower rent for the last few years.
Similar renovated properties in the area can achieve over £1800 pm
Or just continue as it is and receive an instant income!
Non-standard construction, so would suit a cash buyer.
All furniture and appliances included if full asking price achieved, otherwise negotiable at a very fair price.
Attic boarded out and insulated, providing a very useful storage space. Retractable loft ladder in Landing

Property Ownership Information

Tenure

Freehold

Council Tax Band

A

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.