Morse Road, Norwich, NR1 4PN

- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
1
- SIZE
760 sq ft
71 sq m
- 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
- Guide Price - £190,000 - £200,000
- 4 Bedroom terraced house
- Fully occupied & compliant HMO
- Gross income of £24,360 per year
- Gross yield of over 12.1%
- Rear courtyard and garden
- Cash flowing from day 1 of ownership
- No onward chain
Description
This is a rare opportunity to acquire a fully compliant, ready-made investment property generating an impressive gross annual income of £24,360, equating to a gross yield of over 12.1%. The property is a licensed 4 bedroom HMO, already fully occupied, ensuring immediate cash flow from day one of ownership. With no onward chain, this investment offers a hassle-free purchase process for buy-to-let investors.
The internal accommodation is well laid out and comprises an entrance hall, a ground-floor bedroom, a spacious kitchen/dining area, and a shower room. Upstairs, there are three further bedrooms accessed off the landing, offering comfortable living spaces for tenants. Fully compliant with all necessary certifications, this property is a perfect addition to any portfolio, providing strong returns with minimal effort.
Contact us today to arrange a viewing or for more details - properties like this are in high demand!
AGENTS NOTE
We have been advised that a right of way exists across the rear garden for neighbouring properties to use to access the front of the terrace.
DIRECTIONS
Heading in to Norwich on the A11 from our office, take the second exit on the first roundabout and the first exit on the second roundabout, on to the A147, Chapelfield Road. Take the second exit heading down Grapes Hill, continue through the traffic lights and take the second exit at the next roundabout on to St Crispins Road. Continue over the next 3 roundabouts taking the second exit each time, continue up Ketts Hill and on to Plumstead Road. Take the right hand turn on to Lionwood Road and then the left hand turn on to Cubitt Road. At the t-junction turn right on to Morse Road where the property can be found on the the right hand side.
LOCAL AUTHORITY
Norwich City Council
COUNCIL TAX BAND
A
DISCLAIMER
While we have made diligent efforts to ensure the accuracy of the information relating to each property at the point of listing, you are advised to consult the official local council website for details on conservation areas, flood risks, tree preservation orders, planning applications, and other relevant aspects. These details are for guidance purposes only and we do not seek advice from the seller's legal representative in their preparation. We also strongly advise that you inspect the property and surrounding area on Google Maps and Street View prior to viewing. The photographs do not infer that items shown are included in the sale, the measurements quoted are approximate and the fixtures, fittings and appliances have not been tested, therefore no guarantee can be given that they are in working order. If there is any point which is of particular importance to you then please obtain professional confirmation of it.
Should you wish to view one of our properties, we will require certain pieces of personal information from you in order to provide a professional service to you and our client, the seller. The personal information you provide to us will be shared with the seller, but it will not be shared with any other third parties without your consent.
Should you wish to proceed and make an offer on a property, some of the personal information you provide to us will be passed to the seller. Again, it will not be shared with any other third parties without your consent.
More information on how we hold and process your data is available upon request or on our website.
- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Patio
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Morse Road, Norwich, NR1 4PN
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Visit our security centre to find out moreDisclaimer - Property reference JVL-9368760. 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 Hammond & Stratford, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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