Summary - Flat E, 106 Unthank Road, NORWICH NR2 2RR
1 bed 1 bath Apartment
Fully renovated, tenant-in-place providing immediate rental income and strong yield.
Tenant in situ paying £750 pcm, fixed-term tenancy
Presented strictly for investors, this ground-floor one-bedroom flat in Norwich’s Golden Triangle is a turn-key buy-to-let with immediate income. The property is let at £750 per month to a tenant on a fixed-term contract, producing an advertised gross yield of 8.18% at the guide price. Internally the flat has been fully renovated: a brand-new contemporary kitchen, a modern shower room and neutral redecoration reduce short-term maintenance and improve rental appeal.
The building is a Victorian conversion with double-glazed timber windows and electric/central heating radiators. Externally there is a shared courtyard/parking area and a small gravelled forecourt/garden that will need basic upkeep. The apartment is compact at around 388 sqft and is best suited to a single occupant or professional tenant rather than a family.
Important ownership and cost notes: the sale includes a 1/11th share of the freehold with approximately 128 years remaining on the lease. Current charges are shown as roughly £600 service charge per year (below average) and a ground rent of about £900 per year (high). The property is tenant-occupied, so the buyer will take the investment with the tenancy in place and should allow for the terms of the existing contract.
This is a low-effort, income-producing addition to a portfolio in a high-demand student and professional neighbourhood close to the city centre, UEA and hospital. Investors seeking immediate cashflow from a recently refurbished flat in a popular location will find this a practical, hands-off opportunity; buyers seeking larger living space or owner-occupation should note the apartment’s compact size and tenant in situ.
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