2-bedroom flat · NR1 4BD
Let agreedListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gilson Bailey are delighted to offer this well-presented Two-Bedroom Ground Floor apartment, ideally situated just to the East of Norwich city centre and the train station.
Offering a fantastic combination of convenience, comfort and low-maintenance living .
The accommodation comprises secure intercom entry, a private entrance hall, a bright and spacious open Plan Lounge/Kitchen/Dining Room with access to a private terrace, a fitted kitchen, Two well-proportioned Bedrooms and a Shower Room.
Externally, the property benefits from an allocated parking space and access to well-maintained communal grounds, providing pleasant surroundings for residents to enjoy.
Further benefits include double glazing and is presented in excellent order throughout. EPC rating C. Council tax band B.
Accommodation Comprises : Secure intercom entry with Front door to: Entrance Hall : Doors to lounge/Kitchen/Diner, Two bedrooms and a Shower Room.
Lounge/Kitchen/Diner - 4.47m ( 14'8'') x 7.20m ( 23'8''): Double glazed window, Double glazed patio doors to terrace, two radiators, fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, integral fridge, dishwasher and washing machine .
Bedroom One - 3.10m ( 10'3'') x 3.67m ( 12'1''): Double glazed window, radiator. Bedroom Two - 3.62m ( 11'11'') x 2.67m ( 8'10''): Double glazed window, radiator.
Bathroom : Corner Shower, low level WC, hand wash basin with vanity unit, radiator. Outside : One allocated parking space and well-maintained communal gardens.
Agents Note: The tenants may still be in residence so these details and photos are only an indication of the property and there could be some requirement for remedial work before the start of a new tenancy.
Agents Note: There may be Furniture/furnishings along with white goods in the property when viewing that are not included in the tenancy . Please contact the office for further details.
Agents Note: Due to high demands, there may be multiple viewings at the same time and cannot guarantee a solo viewing at any one time.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About City Heights, Telegraph Lane East Norwich
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