1 /10
£550,000
Edward Gambling Court, Norwich, NR2
- 6 beds
£550,000
- 6 beds
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Estimate monthly mortgage payment:
£2,511 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£27,500
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Attention, landlords and investors! Prepare to embark on an exciting journey with an incredible opportunity awaiting you. We present to you three properties nestled within a thriving lettings portfolio, featuring two cosy two-bedroom flats and a detached, inviting two-bedroom bungalow. Situated off Dereham Road, to the West of Norwich City centre, these properties offer convenience and charm in equal measure. Generating an impressive income, each property commands approximately ?800 per calendar month, resulting in a substantial annual return of ?28,800. What`s more, all three properties are currently occupied by tenants under fixed term Assured Shorthold Tenancies, ensuring a steady flow of income from day one. But that`s not all! These properties, built in 2016, boast modern amenities including off-road parking, luxurious travertine bathrooms, energy-efficient air source heat pumps, and comforting underfloor heating. Additionally, each property features its own separate garden, adding a touch of tranquillity and privacy. Don`t miss out on this golden opportunity to add these high-quality, income-generating properties to your portfolio. Act now and secure your foothold in Norwich`s vibrant property market.
Our vendor, due to retirement, is offering these three rental properties at a discounted rate. Individually, each of the two-bedroom flats would be valued at ?175,000, while the detached two-bedroom bungalow would be valued at ?250,000, totalling ?600,000.
Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
Council Tax
Norwich City Council, Band A
Our vendor, due to retirement, is offering these three rental properties at a discounted rate. Individually, each of the two-bedroom flats would be valued at ?175,000, while the detached two-bedroom bungalow would be valued at ?250,000, totalling ?600,000.
Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
Council Tax
Norwich City Council, Band A
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£6,250
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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Property details
£550,000
6 bed house for sale
Edward Gambling Court, Norwich, NR2
Attention, landlords and investors! Prepare to embark on an exciting journey with an incredible opportunity awaiting you. We present to you three properties nestled within a thriving lettings portfolio, featuring two cosy two-bedroom flats and a detached, inviting two-bedroom bungalow. Situated off Dereham Road, to the West of Norwich City centre, these properties offer convenience and charm in equal measure. Generating an impressive income, each property commands approximately ?800 per calendar month, resulting in a substantial annual return of ?28,800. What`s more, all three properties are currently occupied by tenants under fixed term Assured Shorthold Tenancies, ensuring a steady flow of income from day one. But that`s not all! These properties, built in 2016, boast modern amenities including off-road parking, luxurious travertine bathrooms, energy-efficient air source heat pumps, and comforting underfloor heating. Additionally, each property features its own separate garden, adding a touch of tranquillity and privacy. Don`t miss out on this golden opportunity to add these high-quality, income-generating properties to your portfolio. Act now and secure your foothold in Norwich`s vibrant property market.
Our vendor, due to retirement, is offering these three rental properties at a discounted rate. Individually, each of the two-bedroom flats would be valued at ?175,000, while the detached two-bedroom bungalow would be valued at ?250,000, totalling ?600,000.
Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
Council Tax
Norwich City Council, Band A
Our vendor, due to retirement, is offering these three rental properties at a discounted rate. Individually, each of the two-bedroom flats would be valued at ?175,000, while the detached two-bedroom bungalow would be valued at ?250,000, totalling ?600,000.
Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
Council Tax
Norwich City Council, Band A