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Studio, in The Old Maltings, £1,000,000
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0 bed property

The Old Maltings, School Road, Reepham, Norfolk NR10
£1,000,000
AuctionFreehold

The property, known as The Old Maltings, is a collection of self-contained apartments and townhouses located in the heart of Reepham. It comprises 11 units, including 2-bed flats and 1-bed flats, with each unit containing a parking space. The development has been meticulously maintained and features double glazing, with some properties served by a communal heating system and others having individual heating installations. The property generates a gross annual rental income of over £80,000, with several units letting to established tenants and others available for potential rental income. The development also includes storage rooms and workshop accommodation that could be converted into additional residential dwellings subject to planning consents.