1 bedroom flat for sale

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1 bedroom flat for sale

St. Stephens Road, Norwich NR1
£122,000

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
Price Change -15.86%

Description

This 1-bedroom flat in Norwich is a fantastic investment opportunity, currently producing an annual gross income of £10,200 with a tenant already in place. The property is well-maintained and features a lounge, kitchen, and bathroom. With a market rate of £10,896, the new owner has the potential to increase the rental income. The current tenants have a long-term lease and have consistently paid their rent on time, making this a stable and rewarding investment. The property is close to valuable amenities, making it an attractive option for tenants. With a Let Property Pack available for further details, this is an excellent opportunity for investors looking to expand their portfolio.