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Ketts Hill, Norwich 2 bed flat for sale
Ketts Hill, Norwich
£280,000
Ketts Hill, Norwich
£280,000
Our Summary
- This MIXED-USE INVESTMENT PROPERTY has the potential to generate in the region of £24k PA, with the GROUND FLOOR COMMERCIAL UNIT LET for a remaining 3 years
- With the PROPERTY SOLD on a LONG LEASEHOLD BASIS, the SELF CONTAINED FIRST FLOOR FLAT has been FULLY RENOVATED with potential to generate £12k PA
Description
This mixed-use investment property in Norwich is a rare opportunity for investors to generate a significant income. The ground floor commercial unit is let for three more years, producing around £24,000 per annum, while the self-contained first-floor flat has been fully renovated and has the potential to generate £12,000 per annum. The property has a spacious layout, with a 16-foot reception room, kitchen, shower room, and two bedrooms, and benefits from a long leasehold basis. The commercial premises also include three key areas, with ample storage and a rear lobby with cloakroom space. The property fronts Ketts Hill and has a separate entrance to the commercial and residential properties, offering a unique opportunity for investors to capitalize on its potential.