Shared Ownership

Waterworks Road, Norwich, Norfolk, NR2

£675,000

7 beds
7 baths

or call 01603 630 671

Jack Carter

Norwich

norwich.sales@leaders.co.uk

Key Features

Fully Let HMO
Annual earnings 54,600
Recently Renovated
Cul De Sac
8% + Yield
NR2 Location

Description

Investment opportunity, Leaders are delighted to present this 6 bedroom HMO, with 1 bed flat attached.

Waterworks Road has 6 rooms fully let and a separate flat let, 5 of the 6 rooms have their own private ensuite, the remaining 1 has the use of a shared bathroom. There is a communal kitchen. Three of the rooms are studios with a kitchen, living/bedroom space and bathroom. The separate flat, has its own private entrance, with a fitted kitchen and bathroom.
The annual rent across the whole property is £54,600 per annum.

This is a great modern opportunity for an investor looking to add to their existing portfolio or looking to start one.

Handy Information

EPC
D Rating
Council Tax BANDS
£173.76 per month
Broadband Speed
136 mbps

Useful Tools

Calculate stamp duty online

I am a first time buyer or I am purchasing a property to replace my main residence.

Notes

The stamp duty calculator presumes that none (or part) of the property qualifies as mixed-use for which the current SDLT would be 3%.

Please note that this tool is an indicator only, your solicitor or tax consultant will advise you as to the actual stamp duty land tax that must be paid on completion.

All calculations are correct as of 1st October 2021, which are subject to change at any time

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