Garages, Primrose Square, Dereham, NR20 Garage for sale

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Garages, Primrose Square, Dereham, NR20 Garage for sale

Garages, Primrose Square, Dereham, NR20
£45,000

Price History

Initial price £54,000
25/06/25 £51,000
14/07/25 £59,500
18/07/25 £12,500
05/09/25 £45,000
Price Change -16.67%

Description

This is a buy-to-let opportunity that is already let out to tenants, generating a rental income of £360 per month, which translates to a 9.6% rental yield, double the UK average. The property is being sold as seen from the outside, with the tenants remaining in place, and the current rental agreement will be maintained for at least six months. The property features sectional concrete garages with new doors, complete with a 5-year installation warranty and 10-year parts warranty. The property is being sold with the benefit of no utility bills to worry about, and the legal fees are estimated to be around £1,000.