1 bedroom flat for sale

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1 bedroom flat for sale

St. Stephens Road, Norwich NR1
£118,000

Price History

Initial price £145,000
13/02/25 £132,000
05/03/25 £130,000
14/03/25 £128,000
21/03/25 £126,000
28/03/25 £124,000
05/04/25 £122,000
11/04/25 £120,000
17/04/25 £118,000
Price Change -18.62%

Description

This 1-bedroom flat in Norwich is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, lounge, kitchen, and bathroom, and is currently generating an annual gross income of £10,200. With a market rate of £10,896, the new owner has the potential to increase the rental income. The current tenants, who have been in the property for several years, have consistently paid their rent and have no plans to move out, making it a stable and worthwhile investment. With a Let Property Pack available for further details, this is an excellent chance for investors to add to their portfolio and generate a rewarding return.