2 bedroom flat for sale

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2 bedroom flat for sale

17 Sycamore Crescent, Norwich, Norfolk NR2 4DQ
£150,000

Our Summary

  • For sale by livestream auction

Description

This is a productive residential investment opportunity located in a highly convenient location, perfect for access to the city centre, university, and hospital. The property is a purpose-built first-floor apartment with a long lease extending to November 2202, currently generating a gross income of £14,700 per annum from two bedrooms. The apartment has been successfully let for several years and has the potential to be a great first purchase or investment. The property features a ground floor entrance lobby, first-floor landing, shared kitchen, lounge, bathroom, and an external garden area with a store shed. The lease has been recently extended, and the annual ground rent is £10. The property is rated C for energy efficiency, and the administration and buyer's premium fees are £1200 and £600 respectively, payable on exchange of contracts.