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Gloucester Street, Norwich NR2 2 bed terraced house for sale
Gloucester Street, Norwich NR2
£300,000
Gloucester Street, Norwich NR2
£300,000
Our Summary
- The entire lot comprises of the following:17 Gloucester Street, a shop currently let at £14,400 per annum19 Gloucester Street, 2 bedroom house let at £13,200 per annumAnd the freehold to the flat 17a Gloucester StreetTotal combined income of £27,600 per annumBUY IT NOW £300,000 (under Auction conditions) bringing in a yield of 9
- Auction
- CASH BUYERS ONLY - BUY IT NOW £300,000 (Under Auction Conditions)
- Split Residential & Commercial Investment Opportunity
Description
This property is a unique investment opportunity, comprising a shop, a 2-bedroom house, and a freehold flat, generating a combined annual income of £27,600. The shop is currently let for £14,400, while the house is let for £13,200. The freehold flat is not currently let, but offers potential for additional income. The property is being sold under auction conditions for £300,000, which would yield a return of 9.2% per annum. The leases are available to view upon request, and appointments can be made through Darren at Pymm & Co. It's worth noting that the property is currently owned by a director of Pymm & Co, and while the company has not tested the property's apparatus, equipment, fixtures, and fittings, an inspection is recommended.