Turnkey rental with parking and freehold option for investors.
Recently renovated one-bedroom first-floor flat, approximately 600 sq ft
Off-street parking for one car
Sold with tenant in-situ; current 12-month tenancy, six-month break clause
Estimated rental yield about 6% (tenant income basis)
Leasehold tenure; freehold option if purchased with shop below
Electric storage heating; EPC rating E
Solid Victorian brick construction with character features and high ceilings
Area has above-average crime; town-centre location with fast broadband
A compact, recently renovated one-bedroom apartment on Fairland Street, offered with a tenant in place and an estimated 6% rental yield. The 600 sq ft first-floor flat combines period character — high ceilings and a working open fireplace — with a new kitchen and shower room, and benefits from off-street parking for one car.
This is a practical buy for investors: leasehold title with the option to purchase the freehold together with the shop below, ultrafast FTTP broadband, excellent mobile signal and regular rail and bus links to Norwich and Cambridge. There’s very low flood risk and mains services in place.
Notable considerations: the property uses electric storage heaters and has an EPC rating of E. It sits in an older Victorian building with solid brick walls and internal insulation; crime levels in the area are above average. The flat is sold with a 12-month tenancy (six-month break clause) so immediate vacant possession is not guaranteed.
Overall, the apartment offers low-management, town-centre rental potential with scope for steady income or longer-term value uplift if the freehold and commercial unit are acquired alongside it.
Office for sale in Fairland Street, Wymondham, NR18 0AN, NR18 — £265,000 • 1 bed • 1 bath • 600 ft²
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