2-bedroom flat · NR8 6XR
For saleReduced £5k (−2.9%) on 14 AugListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Iconic Estate Agents are delighted to present a unique opportunity to acquire this two-bedroom ground-floor apartment on the edge of Taverham.
Offered with no onward chain, the property is presented in excellent decorative order and enjoys a peaceful position on the outskirts of the development, adjacent to mature trees.
The accommodation comprises an entrance porch leading to a well-proportioned lounge with a front-facing window and access to an inner hallway.
The hallway offers a large storage cupboard, leading into the spacious kitchen-dining room, which is fitted with modern wall and base units, roll-top work surfaces, and ample space for appliances and a dining table.
From the inner hallway, you’ll also find the family bathroom, featuring a three-piece suite with a panel bath and shower over, a WC, and a hand wash basin.
The two generous double bedrooms both benefit from rear-facing windows, and an additional WC with a low-level WC and hand basin can be found nearby.
A door from the hallway leads out to the private, enclosed rear garden, which is mainly paved for easy maintenance and benefits from a generous side return with additional storage and a front gate.
To the front, there are well-kept communal gardens and allocated parking spaces, ensuring ample off-road parking. Agents Notes. 953 years remain on the lease. Peppercorn rent
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 55, Freeland Close, Norwich
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