Gilson Bailey says ..

Property Oracle says ..

This property is a two-bedroom, two-bathroom flat located in the Bowthorpe area of Norwich. Its proximity to the University of East Anglia and the Norfolk and Norwich University Hospital could make it an attractive investment property for those looking to rent to students or hospital staff. Several well-regarded schools are within approximately one kilometer, increasing its appeal to families. The exterior of the property looks well-maintained in the provided photographs. However, the listing explicitly states that the property is for sale to investors only, as the current tenant wishes to remain. This suggests potential existing tenancy issues that prospective buyers should be made aware of and thoroughly investigate. The flat itself is described as modern, and the price, while seemingly reasonable in relation to nearby properties, cannot be fully assessed due to the lack of square footage and price per square foot for comparable properties. Therefore further investigation of the specific condition, and the implications of the existing tenancy, are crucial before making a purchasing decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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