**Standout Features:**
- Freehold residential investment with two flats
- Current rental income of £6,000 per annum (£500 pcm for Flat 41a)
- One flat is vacant, offering immediate potential for new tenants
- Good decorative order with electric heating and double glazing
- Ideal for investors seeking high yields in a central location
- Auction date: 10:00 AM, Wednesday 30th July
This freehold residential investment comprises two one-bedroom flats located in the heart of Dereham (postcode NR19 1AD). Flat 41a, a ground-floor unit, is currently tenanted and generating £500 per month, while Flat 41b is offered with vacant possession—perfect for you to start fresh with new tenants or occupy yourself. Both flats are in good decorative order and feature electric heating and double glazing, making them a comfortable option for residents.
The property is nestled away between local amenities, including shops, cafes, and schools, and benefits from excellent mobile signal and fast broadband speeds—ideal for professionals and families alike. While the area has a high crime rate and the property may require some upkeep, it presents a unique opportunity for investors looking to maximize rental yields.
Don't miss out on this chance to secure a potentially lucrative investment—be ready to bid at the auction and seize your opportunity on the 30th of July!
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