3 bedroom apartment for sale

Church Street, Wymondham, Norfolk, NR18

£500,000

Property Description

Key features

  • INVESTMENT OPPORTUNITY
  • Forecasted 10.82% Net Return PA
  • 60 Month Exit
  • Further Forecasted 34.95% ROI on Exit
  • Asset Backed Investment
  • Returns Paid Quarterly
  • Award Winning Destination
  • Fully Managed by Estateducation
  • FCA Approved
  • Invest From 5000

Full description

Tenure: Leasehold

Invest in Number 10 The Abbey


Norfolk's award winning serviced apartment destination


*Forecasted 89.05% NET returns over 60 months*



Become a shareholder in Number 10 The Abbey, the award winning provider of serviced accommodation located in Wymondham, Norfolk.

Number 10 The Abbey is an award winning development which is home to 20 serviced apartments with an onsite concierge and gym. The apartments feature stunning double rooms with modern fitted kitchens, making them perfect for two sharing adults. The bright, elegant bathrooms are finished with mosaic tiles contrasted with urban, industrialist style tiling around the shower area. Number 10 The Abbey is anticipated to produce an income of £350,000 per annum based on gross revenues of £241,980.62 in the first 10 months since opening with average receipts of £28,000 per month for the last 6 months.

This opportunity offers a forecasted 10.82% net return on invested funds per annum. There will be no maintenance costs, no voids and no agent fees, making this a completely hands-off, secure investment.

Investors will also benefit from a share of the profits when the business is sold in 60 months.

https://www.jaevee.co.uk/invest/property/spv1008

Enquire now for more information.


Listing History

Added on Rightmove:
19 October 2018

Nearest stations

  • Wymondham (0.5 mi)
  • Spooner Row (2.7 mi)
  • Attleborough (5.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Estateducation Ltd, Norwich

Studio 9 Netherconesford, Norwich, NR1 1PW

01603 950135 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Wymondham (0.5 mi)
  • Spooner Row (2.7 mi)
  • Attleborough (5.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Estateducation Ltd, Norwich

Studio 9 Netherconesford, Norwich, NR1 1PW

01603 950135 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference NR18_09. 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 Estateducation Ltd, 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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