A 4 bedroom semi-detached house currently let as a residential investment producing £19,800 pa with planning consent to further extend

This excellently presented semi-detached house has been a highly productive and well run HMO for a number of years and currently has four letting rooms. The combined income amounts to £19,800 a year (£1,650 pcm) gross. The property has recently been upgraded including refitted bathroom and improved double glazing, there is a gas central heating system and a well proportioned garden that has development potential with planning consent recently passed for a two storey extension adding additional bedroom and living space. The property is situated in a prominent position on the outer ring road, close to shops and regular public transport into Norwich City center.

Tenure

Freehold

Ground Floor

Entrance lobby, hall, kitchen, lounge, bedroom 4, utility room/w.c., conservatory

First Floor

Landing, 3 bedrooms, bathroom

Outside

Gardens mainly to side and rear with off road parking and timber shed. The property is approached via Spynke Road off Aylsham Road.

Planning

Application Number: 20/01101/F Decision date: 16 November 2020 Proposal: Removal of existing front porch and rear conservatory and construction of two storey side and single storey rear extensions.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Norwich City Council. Tel: 0344 980 3333

Solicitors

Leathes Prior, 74 The Close, Norwich, NR1 4DR, Ref: Alison Beales, Tel: 01603 281012

Additional Fees

Buyer's Premium - £420 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.