Initial price	£125,000
01/06/24	£120,000
Price Change	-4.00%

User 0: A well-positioned first-floor apartment in Cotterall Court, Clover Hill, Norwich, presents an attractive investment opportunity with a secure tenant in place, paying £675 per month. This property, which is part of a small development accessed off Peverall Road, comes with a new central heating boiler, radiators, and shower installed in April 2022, with the boiler's warranty lasting for another 10 years. The apartment, which is part of a no-chain sale, has a lease with 88 years remaining and is guided to sell for between £120,000 and £130,000. The property features a spacious entrance hall with built-in storage cupboards, a shower room with a three-piece suite, and a double bedroom with a built-in wardrobe. The living space is divided into a galley kitchen and a sitting room, which could potentially be combined into an open-plan layout with the necessary permissions. The apartment benefits from low-maintenance flooring in the entrance hall, kitchen, and shower room, and hard-wood effect flooring in the bedroom. Clover Hill is a desirable suburb of Norwich, offering a range of local amenities including shops, restaurants, and medical services. It is well-connected to the city center and other parts of Norfolk and has easy access to the A47 and A11. The Norfolk & Norwich Hospital and the University of East Anglia are also within close proximity. The service charge and ground rent for the apartment are estimated at £400 to £450 per annum, including ground rent of approximately £20. Viewings are recommended to appreciate the potential of this investment property.