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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 has the potential to generate £24,000 per annum, with a ground floor commercial unit let for three years and a self-contained first floor flat that has been fully renovated. The flat features a spacious layout with a 16-foot reception room, kitchen, shower room, and two bedrooms, while the commercial premises include three key areas with ample storage and a rear lobby with cloakroom space. The property has a long leasehold basis and is sold with the remainder of a 999-year lease. The flat is fully renovated and has the potential to generate £12,000 per annum, making this a lucrative investment opportunity for investors.