Hillvue Close, Norwich

Pymm & Co Auctions are delighted to present this opportunity to acquire a spacious four-bedroom detached chalet bungalow, occupying a generous corner plot in the sought-after residential location of Costessey, Norwich. Situated at 2 Hillvue Close, NR5 0NQ, this property represents an excellent investment prospect with a tenant currently in situ under a short term tenancy agreement, providing immediate rental income potential for the new owner.

Current income is £975 p/m or £11,700 p/a. The sort term tenancy runs until 15th November 2025, then switches to a month on month tenancy agreement.

Property Overview

This detached chalet bungalow offers versatile accommodation, ideal for a range of buyers including landlords seeking a secure investment, developers considering future scope for enhancement, or families looking for a substantial home once vacant possession becomes available. The property benefits from four bedrooms, well-proportioned living spaces, and a flexible layout that can be adapted to suit a variety of needs.

The home is set on a corner plot, enhancing both privacy and potential kerb appeal, while also allowing for the possibility of future landscaping or extension (subject to necessary planning consents). The property further benefits from off-road parking, a highly desirable feature in this location, offering convenience for residents and visitors alike.

Accommodation

While internal inspection is recommended to fully appreciate the scale of the property, the accommodation is arranged over two levels in the popular chalet-bungalow style. The ground floor comprises a welcoming entrance hall, a spacious lounge, a fitted kitchen with scope for modernisation, and two generously sized bedrooms. Upstairs, the first floor provides a further two bedrooms, making it an ideal family home or shared rental property.

The property`s layout offers flexibility and the potential for further value-adding improvements, subject to the buyer`s vision and investment strategy.

Outside

Occupying a corner plot, the property enjoys gardens to the front and rear, presenting opportunities for landscaping or outdoor entertaining. The off-road parking adds to the practicality of the home, ensuring it meets the demands of modern living.

Location

Hillvue Close is a well-established residential cul-de-sac within Costessey, a popular area just west of Norwich city centre. Costessey offers a wealth of local amenities, including schools, shops, medical facilities, and leisure opportunities. The property is also well-placed for access to the A47 and A11, providing excellent transport links across Norfolk and beyond. Norwich city centre is only a short drive away, offering extensive retail, cultural, and business facilities, while the Norfolk Broads and the stunning North Norfolk coastline are within easy reach for leisure pursuits.

Tenancy Information

A key feature of this sale is that the property is offered with a current tenant in situ under an existing tenancy agreement, ensuring an immediate rental return from day one. This makes the property a particularly attractive proposition for buy-to-let investors seeking a secure and steady income stream. Details of the tenancy can be found in the legal pack provided.

Investment Opportunity

With its combination of generous accommodation, corner plot position, off-road parking, and established tenancy, 2 Hillvue Close presents a stable investment opportunity. Whether retained as a long-term rental asset or improved to enhance capital value, this property offers excellent potential in a strong Norwich suburban market.

Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.