>
Cadge Road, Norwich 6 bed semi
Cadge Road, Norwich
£280,000
Cadge Road, Norwich
£280,000
Our Summary
- Externally, off-road parking is available to the front via a paved driveway, with a generous enclosed garden to the rear that holds scope for further enhancement
- An outstanding investment opportunity, this extended six-bedroom semi-detached home is ideally positioned to the west of Norwich, just moments from the University of East Anglia
- Already generating a strong annual income of £29,160 and complete with an HMO license, the property represents an excellent turnkey option for landlords, while also offering further potential for development
- To the rear, a sizeable enclosed garden offers both low-maintenance appeal and potential to enhance the property further, with a large shed already in place
Description
This exceptional six-bedroom semi-detached house in West Norwich offers a lucrative investment opportunity, generating a healthy annual income of £29,160 and boasting a current HMO license. With a guide price of £280,000 to £300,000, the property delivers an impressive gross yield of around 10.4%, making it an attractive proposition for investors. The spacious layout features a bright lounge, fully fitted kitchen, and six bedrooms, including two on the ground floor, perfectly tailored for multiple occupants. The property also benefits from off-road parking, a generous enclosed garden, and is situated in a peaceful residential area with strong transport links, local amenities, and easy access to the University of East Anglia and Norfolk & Norwich Hospital. With no onward chain, this is a ready-made high-yield investment in one of Norwich's most dependable rental areas.