1 bedroom flat for sale

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1 bedroom flat for sale

St. Stephens Road, Norwich NR1
£132,000

Price History

Initial price £145,000
13/02/25 £132,000
Price Change -8.97%

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 lounge, kitchen, and bathroom, and is currently generating an annual gross income of £10,200 from a long-term tenant. With a market rate of £10,896, there is potential to increase the rental income. The current tenants have been in the property for several years and have a good track record of paying their rent on time, with no intention of moving out. The property offers a worthwhile addition to an investor's portfolio, with a smooth transaction process facilitated by Let Property Sales.