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Lovelace Road, Norwich

PROPERTY TYPE

End of Terrace

BEDROOMS

4

BATHROOMS

2

SIZE

861 sq ft

80 sq m

TENURE
Describes 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 Currently Let For £1700 PCM (£20,400)
  • PLANNING PERMISSION FOR A SINGLE STOREY 2 BEDROOM EXTENSION
  • Multi Let Property
  • Four Bedrooms
  • Kitchen/Diner
  • Lounge
  • Gas Central Heating & Double Glazing
  • Off Road Parking
  • Front and Rear Garden
  • Close to the UEA and the Norfolk & Norwich University Hospital

Description

An excellent investment opportunity to acquire this multi let four bedroom property, ideally situated and offering strong rental returns with a current annual combined income of £20,400. The property also benefits from planning permission for a single storey side extension, which would provide two additional bedrooms and a communal living area, further enhancing its income potential (Planning Ref: 20/00676/F). The accommodation comprises an entrance hall leading to a quality fitted kitchen/diner, utility room, adjoining shower room, ground floor bedroom four, and a comfortable communal lounge. On the first floor, there are three further bedrooms, a shared shower room, and a separate cloakroom off the landing. The property benefits from double glazing and gas central heating, ensuring comfort and efficiency throughout. Outside, there is a front garden, an enclosed private rear garden providing outdoor space for tenants, and a driveway to the side offering off road parking. This is a superb opportunity for investors seeking a ready made income producing property with excellent scope to expand and increase future returns. Early viewing is highly recommended.

Location
Lovelace Road is ideally located to the West of Norwich City centre, offering excellent access to a wide range of local amenities and key institutions. The property is situated within close proximity to the University of East Anglia and the Norfolk and Norwich University Hospital, making it a convenient choice for students, professionals, and families alike. There are a variety of shops, schools, and doctors nearby, along with good public transport links providing easy travel in and out of the City. The location also benefits from quick access to the A11 and the Southern bypass, making it ideal for commuters. In addition, residents can enjoy nearby local parks and green spaces, perfect for leisure and recreation.






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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.
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Off street
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
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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Lovelace Road, Norwich

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About Pymm & Co, Norwich

4 Ber Street Norwich NR1 3EJ
Industry affiliations:

In 2006, the first branch of Pymm & Co was opened by local estate agent and current Managing Director, Steve Pymm. Steve had been working as an estate agent in Norfolk since 1996, holding key positions and heading a chain of offices and a franchise. Situated in the centre of Norwich opposite the local landmark John Lewis store, the opening of the Ber Street branch was the realisation of Steve's vision to use his expertise and local knowledge to form a committed and professional estate agent with a focus on providing a high level of dedicated service to their customers.

In 2007, Pymm & Co's sister company, Broadland Consultants was formed with fellow director, Simon Gilvey, to provide financial services with the same values. In 2008, Pymm & Co further expanded their range of services by establishing a Lettings division, headed by director Stuart Monument.

The service you deserve should start with an accurate valuation and be developed with honest initial and ongoing feedback. As a committed and professional estate agent, we will sell your property more quickly, efficiently and for the right value.

Pymm & Co delivers an experienced, qualified professional service, committed to guiding you through the whole process. Never feel awkward about asking questions.

Remember, we back our promise of performance with the terms of our high-value, low-risk contract.

Why Choose Us

  • City Centre Head Office opposite John Lewis
  • Over 250 years of combined local experience
  • No fixed term contracts as standard

Your mortgage

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Years
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Monthly repayments
£1,460
We think you can borrow up to
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Disclaimer - Property reference 17157_PYMM. 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 Pymm & Co, 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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