£400,000
(£282/sq. ft)
6 bed semi-detached house for saleMottram Close, Norwich NR5
6 beds
4 baths
1 reception
1,417 sq. ft
EPC Rating: D
About this property
Fully let investment property generating £3,215 pcm (£38,580 per annum)
Approximate 9.65% gross yield
Sold with tenants in situ, producing income from day one of ownership
Six well-proportioned double bedrooms arranged over two floors
Approx. 1,416 sq. Ft. Of spacious and versatile accommodation
Located just a 10-minute walk from the University of East Anglia campus
Generous communal lounge ideal for relaxing and socialising
Fitted kitchen with essential appliances and separate utility area
Large enclosed rear garden offering excellent outdoor space
Off-road parking for one to two vehicles to the front of the property
The Location
Mottram Close enjoys a highly convenient position to the west of Norwich, making it an excellent choice for a wide range of buyers, including families, professionals and students. One of the area's most significant advantages is its close proximity to the University of East Anglia, with the campus easily accessible on foot, by bicycle or via regular public transport links. This makes the location particularly attractive for students, university staff and those seeking accommodation close to one of Norwich's key educational and research institutions.
The area is also ideally placed for access to the Norfolk and Norwich University Hospital and the Norwich Research Park, which together form one of the region's largest employment hubs. As a result, the location continues to prove popular with healthcare professionals, academics and those working within science, technology and research sectors.
For day-to-day convenience, residents benefit from a wide selection of local amenities nearby, including supermarkets, convenience stores, schools, healthcare facilities and leisure amenities. Families are well catered for by the range of educational options available within the surrounding area, while open green spaces and recreational facilities provide plenty of opportunities to enjoy the outdoors.
Regular bus services offer straightforward access into Norwich city centre, where an extensive selection of shopping, dining, entertainment and cultural attractions can be enjoyed. For those travelling further afield, the area also benefits from excellent road connections, with convenient access to the A47 and wider Norfolk road network.
Combining excellent access to the University of East Anglia, strong local amenities, nearby green spaces and convenient transport links, Mottram Close offers a well-connected and highly desirable setting for students, professionals and families alike.
Mottram Close, Norwich
An excellent opportunity to acquire a substantial six-bedroom semi-detached property in a consistently popular rental location, situated approximately a 10-minute walk from the University of East Anglia. Offering around 1,416 sq. Ft. Of accommodation, the property is ideally suited to investors seeking a fully occupied, income-producing asset in an area of strong and sustained tenant demand.
The property is currently fully let and achieves £3,215 per calendar month, equating to an annual rental income of £38,580. Offered for sale with tenants in situ, the property provides immediate income from completion and represents a compelling investment opportunity with a gross yield of approximately 9.65%.
The property comprises six well-proportioned double bedrooms arranged over two floors, with two bedrooms benefiting from en-suite facilities. In addition, there are two further shower rooms serving the remaining accommodation, providing excellent levels of convenience for larger households and helping to support the property's appeal as a multi-occupancy residence.
Communal accommodation includes a spacious sitting room, providing an attractive social hub for tenants, together with a fitted kitchen equipped with essential appliances and ample cupboard and worktop space. A separate utility area offers additional practicality and storage, helping to keep the main living areas organised and functional.
All bedrooms offer comfortable proportions, with accommodation arranged flexibly across the ground and first floors. The generous internal layout provides an excellent balance between communal living space and private accommodation, a key feature for those seeking a strong rental proposition.
Outside, the property benefits from a particularly large rear garden, offering valuable outdoor space rarely found in comparable properties. The garden provides scope for seating, recreation and outdoor enjoyment, enhancing the overall appeal for occupants. To the front, off-road parking is available for one to two smaller vehicles.
While currently offering obvious appeal as a student or professional rental investment due to its proximity to the university, existing tenancy arrangement and extensive bedroom accommodation, the property's size and versatile layout may also appeal to larger families or those seeking multi-generational living arrangements.
Whilst the property is being offered with tenants in situ, vacant possession may be achievable subject to the relevant notice periods and legislation under the Renters' Rights framework, providing flexibility for owner-occupiers should a family wish to purchase the property.
Agent’s Note
This property will be sold freehold and connected to mains water, electricity, gas and drainage.
The property is currently fully let at £3,215 per calendar month (£38,580 per annum) and will be sold with tenants in situ, providing immediate rental income from completion.
EPC Rating: D
Disclaimer
Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
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