2 bed flat for sale

Bowers Avenue, Norwich NR3

*** No Chain ***

A two-bedroom mid floor apartment situated in this sought after and well-regarded residential location. The property is an ideal 'first time buy' or 'investment opportunity' for a potential landlord. Currently Tenanted and bringing in an annual income of £8640 - This two-bedroom flat makes a great rental investment with the current yield at 6.6% (stc). It is located on a quiet residential estate to the north of Norwich.

Accommodation comprises:

Entrance hall
Kitchen
Living/dining room with door to balcony.
Two spacious double bedrooms with fitted cupboards
Bathroom

The property also benefits from double glazing and well-maintained communal gardens and an internal viewing is highly recommended.

Communal Entrance - Entered via an intercom entry system with stairs rising to the first floor and door to the entrance hall.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

No ground rent

Ground Rent Review Period

Every 1 year

Annual Service Charge

£189.00

Service Charge Review Period

Every 1 year

Lease End Date

25/03/2127

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.