Summary - 138 MEADOW WAY NORWICH NR6 6XU
1 bed 1 bath Flat
Chain-free, compact investment with refurbishment potential near local amenities.
One-bedroom flat, separate kitchen and bathroom
A compact one-bedroom flat in Hellesdon offered chain-free, presenting a clear opportunity for buy-to-let or a low-cost entry into the local market. The layout includes a bright living space, separate kitchen and one bathroom; the accommodation is practical and straightforward for tenants or a single occupant.
The property sits on a quiet residential street close to shops, takeaways, supermarket conveniences and good transport links, making it easy to let. Broadband speeds are fast and mobile signal is excellent — practical positives for renters and short-term occupiers.
Buyers should note the lease has about 62 years remaining. That short lease materially affects mortgage availability and value; some lenders may refuse to lend. Ground rent is low at £50 per year, but the limited lease length is the principal caveat. The kitchen is clean but basic and would benefit from updating to maximise rental return or resale value.
This home is best suited to investors comfortable managing leasehold considerations or an owner-occupier able to purchase without standard mortgage borrowing. A viewing is recommended to assess scale and potential refurbishment scope.
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