£145,000
2 bed flat for saleSolario Road, Costessey, Norfolk NR8
2 beds
2 baths
1 reception
EPC Rating: C
Just added
Leasehold
About this property
Turnkey investment opportunity
Attractive 6.74% net yield
Ground floor apartment
Two bedrooms
Two bathrooms
Parking included
Good transport links and amenities
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Solario Road, Costessey, Norfolk, Nr8 5Ej
Yieldit are delighted to present this well-positioned two-bedroom, two-bathroom ground floor apartment on Solario Road. An attractive opportunity for investors looking for a ready-made buy-to-let investment. The property benefits from allocated parking and a tenant already in situ, providing the purchaser with rental income from completion and removing the uncertainty and potential costs associated with finding a new tenant.
The apartment offers a practical layout with two bedrooms and two bathrooms, making it particularly appealing to professional tenants, couples and sharers. Being on the ground floor and benefiting from parking adds further convenience and broadens its appeal within the local rental market.
Costessey is an increasingly popular residential area on the western side of Norwich, offering the benefits of living close to the city while retaining a quieter suburban setting. Its proximity to Norwich provides access to a wide range of employment opportunities, shopping, leisure facilities, schools and transport links, while the surrounding residential developments and amenities help support consistent demand for rental accommodation.
The location also benefits from being within easy reach of the A47 and Norwich's wider road network, making it convenient for commuters travelling across Norfolk and towards Norwich, while Norwich city centre and the wider employment hubs are readily accessible. This combination of connectivity, amenities and proximity to a major regional city makes Costessey an appealing location for both owner-occupiers and tenants.
Financial Breakdown
Gross Rent: £11,940.00
Net income: £9,770.00
Gross yield: 8.23%
Net yield: 6.74%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08622
Yieldit are delighted to present this well-positioned two-bedroom, two-bathroom ground floor apartment on Solario Road. An attractive opportunity for investors looking for a ready-made buy-to-let investment. The property benefits from allocated parking and a tenant already in situ, providing the purchaser with rental income from completion and removing the uncertainty and potential costs associated with finding a new tenant.
The apartment offers a practical layout with two bedrooms and two bathrooms, making it particularly appealing to professional tenants, couples and sharers. Being on the ground floor and benefiting from parking adds further convenience and broadens its appeal within the local rental market.
Costessey is an increasingly popular residential area on the western side of Norwich, offering the benefits of living close to the city while retaining a quieter suburban setting. Its proximity to Norwich provides access to a wide range of employment opportunities, shopping, leisure facilities, schools and transport links, while the surrounding residential developments and amenities help support consistent demand for rental accommodation.
The location also benefits from being within easy reach of the A47 and Norwich's wider road network, making it convenient for commuters travelling across Norfolk and towards Norwich, while Norwich city centre and the wider employment hubs are readily accessible. This combination of connectivity, amenities and proximity to a major regional city makes Costessey an appealing location for both owner-occupiers and tenants.
Financial Breakdown
Gross Rent: £11,940.00
Net income: £9,770.00
Gross yield: 8.23%
Net yield: 6.74%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08622
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