Summary - 34 GOLDING PLACE NORWICH NR2 4BD
2 bed 1 bath Apartment
Top-floor city apartment with balcony, storage shed and tenant in situ..
Top-floor two-bedroom apartment, short walk to Norwich city centre
This top-floor two-bedroom apartment in NR2 sits a short walk from Norwich city centre, offering straightforward rental potential or a compact city base. The flat includes a large lounge with balcony access, a kitchen, two bedrooms, bathroom and a substantial brick-built storage shed ideal for a motorbike or bicycles.
The property is currently let at £725 pcm and the tenants are willing to stay, making this an immediate-income purchase for investors. With 100 years remaining on the lease, a modest service charge (£300) and a low ground rent (£10), the building running costs are clear and manageable. On-street permit parking is available across two nearby parking areas.
Practical positives include the apartment’s light top-floor position and useful external storage. Important drawbacks are the very high local crime rate and the wider area’s high deprivation level; buyers should factor these into long-term plans and insurance/management costs. The block is post-war modern construction with average-sized rooms and standard ceiling heights.
This suit suits an investor seeking city-centre rental stock or a buyer prepared to accept an urban, high-footfall location. First-time buyers looking to occupy should note the current tenancy arrangement can be ended for owner-occupation, but timing and notice should be confirmed before purchase.
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