Yarmouth Road, Thorpe St Andrew, Norwich Guide price £560,000
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A unique freehold investment opportunity of four bungalows generating over £39,000 per annum
Just over 7% NET YIELD with no additional costs such as ground rent, services or maintenance charges
Each bungalow is in excellent condition following recent refurbishment works
No age restrictions
Excellent history of always being let
Good quality tenants
abbotFox presents this unique freehold investment opportunity generating just over 7% NET YIELD with no additional costs such as services, ground rent or maintenance charges,
Four, one bedroom, freehold bungalows in the sought after residential location of Thorpe St Andrew. Occupying a quiet and secluded position, set back from the road and surrounded by trees, this development is ideally located within easy reach of a variety of local amenities. With no age restrictions for occupants, these low-maintenance properties represent a fantastic opportunity for any investment buyer, with an internal viewing highly recommended.
Thorpe St Andrew is situated to the east of Norwich and is serviced by numerous local amenities, including shops, schools, doctors and dentist surgeries. There are regular bus services into the city centre with Norwich train station providing daily services to Cambridge and London approximately 2 miles away.
Agents Note: In accordance with Section 21 of the Estate Agents Act 1979 we would advise all interested parties that the vendor of this property is an associate of abbotFox.
Yarmouth Road Thorpe St Andrew Norwich, Norfolk NR7 0SA
County: Norfolk
Sale Type: For Sale
Ref #: 32947398
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Based on property / land value of £560,000 there will be an approx of £ Stamp Duty due.
Tax Band
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Taxable Sum
Tax
Less than £250k
0
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£250k to £925k
5
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£925k to £1.5M
5
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Over £1,500,000
10
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Over £1.5 million
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If a property is greater than £425k you are not eligable for Stamp Duty relief.
For properties over £625k, SDLT is charged at 0% up to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
560000.00
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