Next Auction
7
Lot 7a
8

11 Blue Mill, Paper Mill Yard, Norwich, Norfolk, NR1 2GG

Guide price Postponed*
Tenanted investment with long standing resident... Norwich Riverside area

Property Details

Description

A modern one-bedroom flat on the outskirts of Norwich city centre, near the Riverside area and football ground. This flat is part of the popular Paper Mill Yard development constructed in 2007, offering easy access to Norwich city centre and its amenities. It is conveniently located close to Norwich Train station, providing excellent transportation links.The property includes an entrance hallway, a spacious double bedroom, a three-piece bathroom suite, and an open-plan kitchen/living area. Situated on the first floor, the flat comes with an allocated parking space in the secure underground car park. This flat has been rented out to the same resident since 2014, making it a reliable investment opportunity.

Key Features

  • TENANTED INVESTMENT
  • 1 BEDROOM
  • FIRST FLOOR
  • LIFT & VIDEO ENTRANCE
  • ALLOCATED PARKING
  • PAPER MILL YARD DEV.
  • CLOSE RIVER
  • IDEAL BTL INVESTMENT
  • PRICED FOR AUCTION
Tenure

Leasehold

EPC

C

Viewing

Wed 12 July - 16:00 - 17:00

(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Mrs Nicola Cannell
Attwells Solicitors LLP
18 North Hill
Colchester
Essex
CO1 1DZ

Tenancy

AST from 2014 now Periodic

Current Yield.

£600 pcm / £7,200 pa

Location

11 Blue Mill, Paper Mill Yard, Norwich, Norfolk, NR1 2GG

*Guide prices are provided as an indication of a vendor’s minimum expectation and the level at which the reserve is set. Properties may not always sell within this guide and this figure may change at any time prior to the auction. The sale price will be dependent upon bidding in the auction room and on the Vendors’ instructions.

Reserve Price Each property will be sold subject to a reserve price, which will be set within, or below, the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer and is a figure below which the Auctioneer cannot sell the property.

Additional Fees All buyers are liable to pay an Administration Charge of £1,200 inclusive of VAT. Other fees disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.