Stevenson Road, Norwich
Floorplan & Rooms
Features
Description
GUIDE £240,000 to £260,000
EXCELLENT INVESTMENT OPPORTUNITY CLOSE TO UEA – FIVE BEDROOM STUDENT LET
An outstanding opportunity to acquire a well-positioned five-bedroom semi-detached student property within walking distance of the University of East Anglia, offering strong rental demand and excellent income potential.
The property is currently arranged to provide five lettable bedrooms, a well-presented kitchen and communal lounge,. Externally, there are low-maintenance front and back garden.
For investors, the property offers the potential to achieve circa £2,500 PCM (£30,000 per annum) once fully let.
Based on the guide price, this equates to an approximate gross yield of 10.9% – 12.0%, making it a strong addition to any HMO or student portfolio.
Further benefits include double glazing, gas central heating, and no onward chain, allowing for a smooth and efficient purchase.
Location
Situated on Langton Close, the property is ideally located for students with easy access to the University of East Anglia and Norfolk & Norwich University Hospital, as well as regular transport links into Norwich city centre. The area is well-served by local amenities including shops, supermarkets, pubs, and restaurants, while also offering convenient access to the A47, A11, and Longwater Retail Park.
Estate agent
Location
The information provided within this property listing is accurate to the best of our knowledge and research. Please see details of how we gather information in paragraph 3 of our T&Cs.
Please contact the appointed agent, or the vendor, for any missing information and to ensure the accuracy of all details. It is essential that you carry out your own Due Diligence in relation to any property purchases.