Main image of 1 bedroom Flat for sale, Magdalen Way, Gorleston, Norfolk, NR31
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£90,000 Asking price

1 bedroom Flat for sale,
Magdalen Way, Gorleston, Norfolk, NR31

Gorleston Branch Manager
Your Move Estate Agents Gorleston
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Features and Description

  • Investors only – tenant in situ
  • Strong rental yield
  • Extremely long lease
  • Walking distance to James Paget Hospital
  • Spacious lounge
  • Double bedroom
  • Well-presented throughout
  • Fantastic ready-made investment opportunity

INVESTORS ONLY – TENANT IN SITU – EXCELLENT YIELD OPPORTUNITY

Situated in a convenient and sought-after location in Gorleston, within easy walking distance of the James Paget Hospital, this well-presented one-bedroom maisonette presents an outstanding investment opportunity for landlords looking to acquire a property with an established sitting tenant already in place.

Benefiting from an extremely long lease and achieving a strong rental yield, the property offers an attractive, hassle-free addition to any investment portfolio.

Internally, the accommodation comprises a spacious lounge, a well-equipped kitchen, a double bedroom, and a bathroom. The property is presented in overall great condition throughout, ensuring continued appeal to tenants and minimising future expenditure.

With excellent local amenities, transport links, and the hospital all within close proximity, this is a fantastic opportunity to secure a ready-made investment in a popular rental location.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Magdalen Way, Gorleston, Norfolk, NR31

Additional Information

  • Property ref
    QGO260170
  • EPC
    D
  • Tenure
    Leasehold
  • Council Tax
    A
  • Ground Rent
    Contact the branch
  • Ground Rent Review
    Contact the branch
  • Service Charge
    Contact the branch
Gorleston Branch Manager
Your Move Estate Agents Gorleston

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Your Move Estate Agents Gorleston

Gorleston Branch Manager
Your Move Gorleston
168-169 High Street, Gorleston, NR31 6RG
Mon - Fri08:30 - 17:30Saturday09:00 - 13:00SundayClosed

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Borrowing £81,000 and repaying over 25 years with a 2.5% interest rate.

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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

57

Potential

66

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

51

Potential

64