2 Bedroom Apartment

Solario Road, 
Norfolk, 
NR8 5EJ
Purchase price
£140,000
  • Size: 59 sqm
  • Tenanted
ATTENTION INVESTORS - GENERATE AN EXCELLENT 6.74% NET YIELD WITH THIS READY MADE INVESTMENT! Fantastic ground floor two bedroom apartment with parking.
  • Financial Performance*
Gross rent
£11,940
Ground rent
£170
Service charge
£2,000
Net income
£9,770
Gross yield
8.53%
Net yield
6.98%
  • Key Features
  • Turnkey investment opportunity
  • Attractive 6.74% NET yield
  • Ground floor apartment
  • Two bedrooms
  • Two bathrooms
  • Parking included
  • Good transport links and amenities
  • Enquire for video tour

yieldit are delighted to present this well-positioned two-bedroom, two-bathroom ground floor apartment on Solario Road. An attractive opportunity for investors looking for a ready-made buy-to-let investment. The property benefits from allocated parking and a tenant already in situ, providing the purchaser with rental income from completion and removing the uncertainty and potential costs associated with finding a new tenant.

The apartment offers a practical layout with two bedrooms and two bathrooms, making it particularly appealing to professional tenants, couples and sharers. Being on the ground floor and benefiting from parking adds further convenience and broadens its appeal within the local rental market.

Costessey is an increasingly popular residential area on the western side of Norwich, offering the benefits of living close to the city while retaining a quieter suburban setting. Its proximity to Norwich provides access to a wide range of employment opportunities, shopping, leisure facilities, schools and transport links, while the surrounding residential developments and amenities help support consistent demand for rental accommodation.

The location also benefits from being within easy reach of the A47 and Norwich’s wider road network, making it convenient for commuters travelling across Norfolk and towards Norwich, while Norwich city centre and the wider employment hubs are readily accessible. This combination of connectivity, amenities and proximity to a major regional city makes Costessey an appealing location for both owner-occupiers and tenants.

  • Financial Performance *
Gross rent
£11,940
Ground rent
£170
Service charge
£2,000
Net income
£9,770
Gross yield
8.53%
Net yield
6.98%

Fill in your details below to enquire about property YL-08622
2 Bedroom Apartment

Solario Road, 
Norfolk
By submitting your details you consent to being contacted by yieldit by telephone and/or email for this and similar marketing material.
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC