2 bed block of flats for sale

41A And 41B Norwich Street, Dereham, Norfolk NR19

For sale by auction on Thursday, 08 May 2025 at 11:00

Venue: Livestream Auction

Freehold residential investment comprising two let flats producing £12,000 pa

This freehold residential investment comprises of two let one bedroom flats. Flat 41a with the black door is a ground floor flat producing £500 pcm (£6,000 pa) and 41b with the red door is a first floor flat producing £500 pcm (£6,000 pa).

Both flats have electric heating, double glazing and are in good decorative order.

The flats are tucked away in the town centre down an alley way between no 41 hairdresser and no 43 chinese takeaway.

This would make an ideal purchase for an investor looking for an attractive yield.

Flat 41a (around 361 sq/ft)
Ground floor: Entrance hall

First floor: Kitchen / living area, bedroom with ensuite shower

Flat 41b (around 362 sq/ft)
Ground floor: Kitchen, living room, bedroom with ensuite bathroom

Council Tax Band
A


Viewings
Viewings are arranged in conjunction with the tenants. Next viewings on Tuesday 29th April. To book an appointment please call the Norwich office.

EPC Rating: Please refer to Legal Pack

Additional Fees
Buyers Premium: £960 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

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

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.