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4 bed property, in Lower Clarence Road, £375,000
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4 bed end of terrace house

Lower Clarence Road, Norwich NR1
Planning
£375,000

Our Summary

  • Excellent investment opportunity
  • Potential for further development and added value opportunities
  • In addition, there is considerable scope for further development or enhancement, subject to any necessary consents, offering potential to increase both rental yield and capital value
  • Could also include turning the property back into a family home (subject to planning permission) Location Ideally located just off Thorpe Road, this apartment is perfectly placed for convenience and connectivity

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Description

The property is a substantial Victorian end of terrace house with four self-contained flats. The accommodation includes a one-bedroom flat and studio apartment on the ground floor, and one-bedroom flats on the first and second floors. All four flats have gas central heating and double glazing, with the rear ground floor flat also having a private rear garden.

The property has off-road parking for one vehicle and is available for investment, with the current tenants due to vacate soon. The property also has potential for further development or enhancement, subject to planning permission, to increase rental yield and capital value.