Guide price
£375,000
4 bed end terrace house for saleLower Clarence Road, Norwich NR1
4 beds
4 baths
4 receptions
Added on
About this property
Excellent investment opportunity
Four self contained one bedroom apartments
All four flats benefit from gas central heating and double glazing
Flat 4 includes its own private rear garden
All being sold together with the Freehold
Within easy reach of the City train station and Riverside Leisure Complex
Potential for further development and added value opportunities
Conveniently located close to a wide range of amenities
Guide price £375,000 - £395,000. A substantial Victorian end of terrace investment property offering an excellent opportunity to acquire a fully income producing asset comprising four self contained flats. The accommodation includes a one bedroom flat and studio apartment on the ground floor and one bedroom flats occupying the first and second floors. All four flats benefit from gas central heating and double glazing throughout, while the rear ground floor flat further enjoys the advantage of a private rear garden. To the front of the property, there is off road parking for one vehicle. The property is ideally suited to investors, with all four flats currently tenanted, although Flat 4 is due to be vacated soon, giving opportunity for a new owner to upgrade this flat before letting again according to their wishes. In addition, there is considerable scope for further development or enhancement, subject to any necessary consents, offering potential to increase both rental yield and capital value. Conveniently situated close to a wide range of local amenities, transport links and leisure facilities, this attractive Victorian property combines character, income potential and future development opportunities in a highly desirable investment package. Could also include turning the property back into a family home (subject to planning permission)
Location
Ideally located just off Thorpe Road, this apartment is perfectly placed for convenience and connectivity. Just a short walk from Norwich railway station, it offers excellent transport links, making it ideal for commuters. Within minutes, you can immerse yourself in the vibrant Norwich City centre, home to a diverse mix of high street shops, boutique stores, cafes, bars, and restaurants. The nearby Riverside leisure complex provides a great range of entertainment options, including a multiplex cinema, gym, bowling alley, and a variety of dining spots. For sports enthusiasts, Norwich City Football Club is also just a short distance away, adding to the appeal of this well situated home.
Agents Note - Anti Money Laundering
By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously. In line with hmrc guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf. Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically. A non-refundable fee of £45+ VAT per person will apply for these checks, and Coadjute will handle the payment for this service. These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
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Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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