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4 bed detached house
West End, Costessey, Norwich NR8
£294,000
West End, Costessey, Norwich NR8
£294,000
Price History
Initial price | £350,000 |
24/05/24 | £325,000 |
07/07/24 | £300,000 |
23/10/24 | £294,000 |
Price Change | -16.00% |
Description
This large detached commercial property in Old Costessey has a lot of potential for investors. The ground floor features two shop/office areas, which are currently rented out, as well as a main shop that is currently occupied by a florist who wishes to stay on. The property also has a spacious three-bedroom flat above, which could be updated and altered to maximize its potential income, estimated to be around 9%. The flat has a bright and airy feel, with double-glazed windows and original floorboards, and features a bathroom, kitchen, and three bedrooms. The property also has parking to the front and is located in a popular village with plenty of amenities. With some TLC, this property could be a great investment opportunity for anyone looking to generate a high return.