This property presents an interesting opportunity for those looking to invest in a licensed 5-bedroom House in Multiple Occupation (HMO) situated in the desirable NR7 area of Norwich. Its current configuration as a rental property offers robust potential returns, making it appealing to both seasoned investors and newcomers seeking to expand their portfolios.
Spread across two floors, this terraced home provides ample living space designed for shared accommodation. The ground floor features a modern kitchen/diner that is well-equipped with sufficient storage and workspace, catering to the needs of multiple occupants. Adjacent to the kitchen, there is a utility room that adds convenience. The property includes two carefully maintained bathrooms, each fitted with quality fixtures that contribute to comfortable communal living. All five bedrooms are generously sized and well-planned, ensuring that tenants can enjoy a comfortable environment.
Outside, the private enclosed rear garden offers valuable outdoor space with low maintenance requirements — an appealing aspect for potential tenants or an opportunity for future enhancements, subject to planning approvals.
Being located in a thriving residential area provides easy access to local shopping facilities, supermarkets, and public transport connections into Norwich city center. Additionally, the property benefits from proximity to key employment centers, making it attractive not only to professionals but also to students searching for convenient housing options.
Overall, this property stands out as a solid investment with established rental demand and opportunities for future growth through renovation or reconfiguration tailored to market needs.
