For Sale4 Bedroom Semi-Detached House in Rachel Close, Norwich, NR5 8JF£249,950
Property Type
Semi-Detached House
Bedrooms
× 4
Bathrooms
× 1
Receptions
× 1
Tenure
Freehold
Price
£249,950
Key Features
- 4 Bedroom Semi Detached House
- Very close to University of East Anglia Norfolk
- Very close to Norwich University Hospital
- Ideal investment property
- Garage
- Off street parking
Resources
Description
4 Bedroom Semi-Detached House Extremely Close to UEA and Hospital Ideal for Investors and Landlords Double Glazed and Central Heating (fairly recent combi boiler) Reception Room, Kitchen, Conservatory Front Porch Currently configured as 3 Bedrooms upstairs,(2 large Doubles, 1 Single) and 1 Large Double Bedroom Downstairs ( can easily be converted back to a Lounge.) Bathroom, Utility room, Downstairs Cloakroom Detached Concrete Garage Off-street parking for 2 vehicles. Gardens to front and rear Kitchen/ Diner Reception 21'7" x 9' (6.58m x 2.74m) Downstairs Bedroom 4 (Ex Lounge) 14' x 12'5" (4.27m x 3.79m) Bedroom 1 13'3" x 8'8" (4.04m x 2.44m) Bedroom 2 12' x 10.3" (3.66m x 3.12m) Bedroom 3 9'3" x 8'3" (2.82m x 2.52m) The house has been tenanted by students and medical staff for many years, it always lets out instantly and is in high demand. It is currently tenanted to 4 medical staff on an Assured Shorthold Tenancy Agreement until September 2025 producing a monthly rent of £1300. The tenants have been informed of the sale and are happy to leave or renew the agreement if the purchaser wishes to have immediate income on completion. To achieve a much higher income the house would benefit from a few internal improvements and modernisation. This is the reason for the lower rent for the last few years. Similar renovated properties in the area can achieve over £1800 pm Or just continue as it is and receive an instant income! Non-standard construction, so would suit a cash buyer. ALL FURNITURE AND APPLIANCES INCLUDED IF FULL ASKING PRICE ACHIEVED, otherwise negotiable at a very fair price. Attic boarded out and insulated,providing a very useful storage space. Retractable loft ladder in Landing