Flat for sale in Magdalen Road, Norwich NR3

Nestled in a highly sought-after location just a short distance from the vibrant city centre, this wonderful flat offers an investment opportunity made up of 3 commercial units and a 6 bedroom HMO, currently generating an annual income of £63,100 creating a 12.6% yield. Whether you are looking to indulge in the bustling city life or escape to the tranquility of the great outdoors, this property provides the ideal balance of urban convenience and natural surroundings.

Location

Magdalen Road in NR3, Norwich, boasts historical charm and city convenience. The streets are adorned with local shops, boutiques, and a vibrant community atmosphere. Residents enjoy easy access to amenities, public transportation, and nearby parks, creating a well-rounded and inviting area with a unique character.

Magdalen road

Upon entering the property on the ground floor, you are greeted by an entrance hall, completed with a storage and airing cupboard. The stairs leads you up to the first floor, where you will discover a fitted kitchen to be able to cook your favorite meals and a laundry room for your washing essentials.

Across two floors, this property features a total of six generously sized bedrooms, designed to offer you relaxation and privacy. What sets this property apart is the presence of private ensuites in every room, ensuring the ultimate privacy and convenience for residents.

Agents notes

We understand that this property is freehold. 3 commercial units and a 6 bed HMO.

Heating system - Gas boiler

Council Tax Band: B

EPC Rating: C

Disclaimer

Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.