5 bedroom terraced house for sale

>

5 bedroom terraced house for sale

Witard Road, Norwich, NR7
£290,000

Our Summary

  • Investment SummaryThis property represents a ready-made investment opportunity with strong and proven returns

Description

This mid-terraced property offers a fully operational 5/6 bedroom HMO investment with no onward chain. The property is presented in excellent condition, with each room featuring a keyless entry system, TV point, and USB plug sockets. The generous communal kitchen is fully equipped with appliances, and there are two shared bathrooms, with one bedroom having a private shower. The property meets all current HMO safety standards and has a neutral décor, LED lighting, and a smart thermostat. Located on Witard Road, the property is directly opposite local shops and amenities, with a bus stop nearby, offering easy access to Norwich city centre. The property currently produces a gross income of approximately £32,400 per annum, equating to a gross yield of around 11.2%, making it a ready-made investment opportunity with strong and proven returns.