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Weavers Close, Stalham 1 bed apartment for sale
Weavers Close, Stalham
£120,000
Weavers Close, Stalham
£120,000
Our Summary
- Offering a potential rental income of £650pcm and a strong yield of approximately 6
- 5%, it presents an excellent investment opportunity
- The PropertyThis modern ground-floor apartment presents an exciting opportunity for first-time buyers, with the added benefit of no stamp duty and the potential for mortgage repayments lower than rent, making it an affordable step onto the property ladder
- For buy-to-let investors, this property offers strong potential for rental income, with a suggested rent increase to £650-£700pcm, which would yield an attractive return on investment at around 6
- Combining the potential for first-time buyers with its appeal for investors, this apartment offers a wealth of possibilities
- 5%, making it an excellent investment opportunity
Description
This modern ground-floor apartment in Stalham, Norfolk, offers a comfortable living space with a spacious sitting room, well-equipped kitchen, and good-sized bedroom. With a potential rental income of £650pcm and a strong yield of approximately 6.5%, it presents an excellent investment opportunity. The property features a communal garden, allocated parking, and extra storage, making it a hassle-free purchase for both first-time buyers and investors. With vacant possession and no onward chain, it's an attractive opportunity for those looking to get onto the property ladder or add to their investment portfolio. The apartment is located near Stalham Town Centre, with easy access to local amenities and the scenic Norfolk Broads.