Ketts Hill, Norwich

Flat
Bedrooms: 2
Bathrooms: 1
Reception Rooms: 1

Description

IN SUMMARY
INVESTORS ONLY! This MIXED-USE INVESTMENT PROPERTY has the potential to generate in the region of £24k PA, with the GROUND FLOOR COMMERCIAL UNIT LET for a remaining 3 years. With the PROPERTY SOLD on a LONG LEASEHOLD BASIS, the SELF CONTAINED FIRST FLOOR FLAT has been FULLY RENOVATED with potential to generate £12k PA. With a SPACIOUS LAYOUT which extends over the neighbouring commercial premises, the flat includes a 16’ RECEPTION ROOM, kitchen, SHOWER ROOM and TWO BEDROOMS. The commercial premises include THREE KEY AREA, with an ABUNDANCE OF STORAGE, and a rear lobby with CLOAKROOM space.

SETTING THE SCENE
The property fronts Ketts Hill with a separate entrance to the commercial and residential properties.

THE GRAND TOUR
Within...

IN SUMMARY
INVESTORS ONLY! This MIXED-USE INVESTMENT PROPERTY has the potential to generate in the region of £24k PA, with the GROUND FLOOR COMMERCIAL UNIT LET for a remaining 3 years. With the PROPERTY SOLD on a LONG LEASEHOLD BASIS, the SELF CONTAINED FIRST FLOOR FLAT has been FULLY RENOVATED with potential to generate £12k PA. With a SPACIOUS LAYOUT which extends over the neighbouring commercial premises, the flat includes a 16’ RECEPTION ROOM, kitchen, SHOWER ROOM and TWO BEDROOMS. The commercial premises include THREE KEY AREA, with an ABUNDANCE OF STORAGE, and a rear lobby with CLOAKROOM space.

SETTING THE SCENE
The property fronts Ketts Hill with a separate entrance to the commercial and residential properties.

THE GRAND TOUR
Within the commercial premises, the main entrance takes you to a waiting area with pamment tile flooring underfoot and a feature fireplace to your right hand side. The main salon area can be found with a front facing window and further fireplace, complete with a built-in storage cupboard to one side and a door taking you back to the waiting area. The rear salon offers a velux window above and a part vaulted ceiling which floods the room with natural light, with wood effect flooring underfoot and a door taking you to a kitchenette and rear access. The kitchenette offers a hand wash basin with storage whilst a cloakroom leads off, with a two piece suite including a low level WC and wall mounted hand wash basin. The rear door takes you to a courtyard garden area with a communal rear access.

The apartment offers a self contained access with a door concealing the stairs which leads to the first floor landing. Once upstairs fitted carpet runs through the landing area with a useful built-in storage cupboard and doors leading off. The kitchen sits to your left hand side with a front facing window and newly fitted range of wall and base level units, with tiled splash-backs running around the work surface and integrated cooking appliances including an inset electric ceramic hob and built-in electric oven with space for general white goods, built-in storage cupboard and tiled effect flooring. Sitting opposite, the shower room can be found with a modern white three piece suite including storage under the hand-wash basin, double shower cubicle with tiled splash-backs and a thermostatically controlled shower. The sitting room enjoys dual aspect windows to front and rear, with built-in storage whilst two bedrooms lead off complete with fitted carpet underfoot and built-in storage to both bedrooms, with an interlinking door between the two.

FIND US
Postcode : NR1 4EX
What3Words : ///prefer.drums.drill

VIRTUAL TOUR
View our virtual tour for a full 360 degree of the interior of the property.

AGENTS NOTES
The middle commercial premises and first floor flat which stretches across the bakery are included in the sale. The bakery business is not affected or connected to the sale. The property offers the remainder of a 999 year lease (approx. 970 years.)

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Key Information

Utility Supply

Electric

National Grid
Water

Direct Main Waters
Heating

Gas Central
Broadband Ask agent
Mobile Ask agent
Sewerage

Standard

Rights and Restrictions

Private rights of way

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Public rights of way

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Listed property

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Restrictions

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Risks

Flooded in last 5 years

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Flood defenses

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Source of flood

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Other

Parking

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Construction materials

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Is a mining area?

No
Has planning permission?

No

Garden

THE GREAT OUTDOORS
The property offers a hard standing access from the ground floor commercial premises. Permit parking can be found within close proximity to the property with time limited parking bays to the front of the commercial premises.

Disclaimer

Anti-Money Laundering (AML) Fee Statement:
To comply with HMRC's regulations on Anti-Money Laundering (AML), we are legally required to conduct AML checks on every purchaser once a sale is agreed. We use a government-approved electronic identity verification service to ensure compliance, accuracy, and security. This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF). The cost of anti-money laundering (AML) checks are £50 including VAT per person, payable in advance after an offer has been accepted. This fee is mandatory to comply with HMRC regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.

General Disclaimer:
Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only.

Location

Floorplan

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Description

Location

Floorplan

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