Summary - 59 ANCHOR STREET NORWICH NR3 1PB
1 bed 1 bath Flat
**Standout Features:**
- Purpose-built one-bedroom flat
- Currently let, generating **£570 pcm (£6,840 pa)**
- Guide price: **£60,000 - £70,000**
- **93 years left** on the lease
- **Modern kitchen and bathroom** in good decorative order
- Double glazed with gas central heating
- Located **less than a mile** from the city center
- Access to amenities and quality schools nearby
**Notable Concerns:**
- High crime rate in the area
- Constructed without cavity wall insulation (status unconfirmed)
This well-maintained purpose-built one-bedroom flat is a fantastic investment opportunity, currently producing a reliable income of **£6,840 annually** with a long-established tenant in place. The flat's modern kitchen and bathroom enhance its appeal, while **double glazing and gas central heating** ensure comfort throughout the year. Located just a short distance from the city center, this property benefits from strong public transport links and access to schools with outstanding ratings, making it ideal for both investors and first-time buyers.
Though the area faces challenges such as a high crime rate, the flat offers significant potential, especially given its competitive guide price. With **93 years remaining on the lease** and low service charges, the property presents an attractive proposition for future flexibility in renovations or renting. Don’t delay—opportunities like this, particularly first-to-market in **24 years**, rarely last long!
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