Mill Hill Road, Norwich
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
4
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment opportunity comprising four self-contained one-bedroom flats
- Prime Golden Triangle location, popular with professionals and students
- All flats are fully refurbished
- Each flat includes a double bedroom, kitchen, and shower room
- Flats are currently generating a yield between 5.29% - 5.38%
- Gas central heating and double glazing throughout
- Close to shops, cafes, and local amenities on Unthank Road
- Excellent public transport links to the city centre and UEA
- Permit parking available on the street
Description
Positioned in the highly desirable Golden Triangle area of Norwich, this property in Mill Hill Road represents a lucrative investment opportunity in the form of a meticulously converted block of apartments consisting of 4 self-contained one-bedroom flats. Each flat has been fully refurbished and presents a modern living space ideal for catering to the requirements of both young professionals and students alike. With rental value estimates ranging between £825 and £975 per month, equating to annual incomes between £9,900 and £11,700, this investment promises a substantial return on investment for prospective buyers.
Location
Located in Norwich’s sought-after Golden Triangle, Mill Hill Road enjoys a prime position just moments from Unthank Road, with its popular mix of independent shops, cafés, pubs, and eateries. This vibrant area is favoured by professionals and families alike, offering easy access to the city centre, local schools, and the University of East Anglia. The nearby Eaton Park provides expansive green space for outdoor activities, while regular bus routes and convenient road links ensure excellent connectivity throughout the city and beyond.
Mill Hill Road
Occupying a sought-after location popular with those seeking a vibrant and convenient city lifestyle, this property is currently arranged as four self-contained flats—two on the ground floor and two on the upper floor. One of the flats is currently rented for £695 with the others reaching around £850 - £975pcm, as estimated by our lettings team. These projected figures highlight the property's strong income potential, presenting an appealing opportunity for investors looking to grow their portfolio.
Each of the four flats offers a well-thought-out layout comprising a double bedroom, a fully equipped kitchen, and a contemporary shower room. The shared gas central heating system and double-glazed windows throughout the building provide tenants with added comfort and energy efficiency. Furthermore, convenient permit parking options along the street ensure hassle-free mobility for residents or visitors.
The property is conveniently located within walking distance of the diverse array of shops, cafes, and amenities lining Unthank Road, guaranteeing tenants easy access to every-day necessities and leisure opportunities. With excellent public transport connections to Norwich city centre and the University of East Anglia, tenants can navigate the city with ease for work or leisure activities.
Agents Notes
We understand that this property is freehold. Connected to mains electricity, gas, water and drainage.
Disclaimer
Minors and Brady, along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
- 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.
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- 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.
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- 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
Mill Hill Road, Norwich
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Visit our security centre to find out moreDisclaimer - Property reference b982d7c3-d880-4f43-b64b-8be65fe30db2. 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 Minors & Brady, Unthank Road, Norwich. 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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