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Unthank Road, Norwich, Norfolk

Key features

  • FULLY LET INVESTMENT OPPORTUNITY
  • Ideally Located In Prime Location In Norwich City In Golden Triangle.
  • 8 Self Contained Apartments All Fully Let
  • Estimated 6,400sq ft Accommodation
  • Projected Income For 2025 Reflects A Gross Initial Yield 5.48%
  • Extensive Off Road Parking & Gardens

Description

Bidwells are excited to offer Clarendon House, 17 Unthank Road situated in a prime location in Norwich. The property consists of 8 self-contained apartments over three floors with off-road parking and communal gardens.

This is a fully let investment in a highly prominent central location in Norwich offering an estimated net internal area of over 6,400 sq ft.

DESCRIPTION
Set over three floors, Clarendon House is an impressive period property situated on the well-known and well-regarded Golden Triangle of Norwich. A handsome detached house offering a wealth of elegant, attractive accommodation with various splendid character details including high ceilings, large sash windows welcoming natural light, and elegant curving staircases.

The property offers an extensive parking area to the front which is laid to gravel and would comfortably fit several vehicles. The frontage is surrounded by mature borders and established hedgerows. To the rear there is a pedestrian access alongside a spacious garden laid to turf with a path to the rear entrance of the property. This area also includes three double doored brick built storage sheds, accessed from Clarendon Road.

The property has gas central heating with each apartment separately metered. Access to apartments three, four, five and six is from the front entrance door, while a side entrance gives access to apartments one, seven and eight. Each apartment is self-contained and accessed via communal areas/hallways. Apartments range from one to three bedrooms and from 505 sq ft to 925 sq ft.

LOCATION
Clarendon House is located on Unthank Road in the heart of the Golden Triangle arguably one of the most desirable and sought after locations in Norwich. Clarendon House enjoys an enviable location within walking distance of the centre of this picturesque and historic cathedral city. Norwich is the regional Capital of East Anglia and a hub for the local road and rail networks. Unthank Road enjoys ideal proximity to local employment opportunities as well as excellent access to the University of East Anglia (UEA), Norfolk and Norwich Hospital (NnN) and the Norwich Research Park.

Norwich city centre is a short walk and is home to a wealth of leisure and cultural attractions. Norwich’s prime shopping area including Gentleman’s Walk, The Royal Arcade, Castle Quarter and Chantry Place which are all easily accessible. In addition, the property is located within walking distance of the Riverside development with a Pure Gym, Odeon cinema, bars, restaurants and Riverside Retail Park situated around the River Wensum and Norwich City Football Ground and the train station.

What Three Words: agent.paints.bike

THE OFFER
Our client is seeking unconditional offers in the region of £1.5 million for the freehold interest for Clarendon House, subject to contract.

INVESTMENT INFORMATION
Based on the projected income for 2025 this reflects a gross initial yield of 5.48%. This reflects a capital value of £187,500 per apartment.

The property is fully let and is producing a gross income of £82,200 per annum.

TENURE
Freehold

LOCAL AUTHORITY
Norwich City Council

SERVICES
We understand that mains electricity, gas, water and sewerage are connected to the property.

AML/KYC
Prospective purchasers will be asked to produce identification of the intended Purchaser and other documentation in order to support any conditional offers submitted to the vendors. Bidwells LLP accepts no liability of any type arising from your delay or other lack of co-operation.

For further details, to arrange a viewing or to request a copy of the property brochure please contact Bidwells.

EPC
These are available on request for each individual apartment.

AGENTS NOTE
All information provided is subject to change and has been sourced from the vendor. We advise independent verification of all details independently to ensure accuracy and up-to-date information. All room measurements and floorplans are also subject to own independent measurement.

Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Unthank Road, Norwich, Norfolk

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About Bidwells, Norwich New Homes

Kingfisher House 1 Gilders Way Norwich NR3 1UB
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EXPERT, PROFESSIONAL SERVICE

We have a long and proud history of helping our clients realise the maximum value from their property and we have some long standing client relationships to prove it. 

For those looking to buy, sell or let a new home, Bidwells can offer you expertise, experience and a broad choice.  We sell a wide range of homes, from single new-builds through to larger developments within Cambridge, Norwich, the Western Region and surrounding areas. 

BUYING A HOME....is one of the most important purchases that many people make.  At Bidwells, our local knowledge can help you find the perfect house or apartment. 

RENTING OUT A HOME....we work with every type of Landlord, from private investors to investment companies and colleges; letting and managing a sizeable portfolio of properties. 

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Disclaimer - Property reference NCA250009. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bidwells, Norwich New Homes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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