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See how verdicts work2-bedroom flat · NR2 1HJ
For saleReduced £10k (−6.7%) on 23 OctListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This exceptional two bedroom ground floor apartment offers unparalleled city centre living, with the added convenience of secure underground parking.
This property presents a fantastic opportunity for those seeking a modern and well-located residence perfect for first time buyers and investors alike description This exceptional two bedroom ground floor apartment offers unparalleled city centre living, with the added convenience of secure underground parking.
This property presents a fantastic opportunity for those seeking a modern and well-located residence perfect for first time buyers and investors alike.
Upon entering, you are greeted by a welcoming hall that leads to the spacious lounge, a perfect area for relaxation and entertaining.
The adjacent kitchen is thoughtfully equipped with essential built-in appliances, including an oven, fridge/freezer, and space for a washing machine. The apartment boasts two comfortable bedrooms.
A well-appointed bathroom completes the internal accommodation.
Further enhancing the appeal of this property are the efficient electric heating system and the secure underground parking space, offering both comfort and peace of mind in a prime city centre location.
Close to many local amenities and easy access to the city centre this property is perfect for those looking for convenience. Offered with the added benefit of no onward chain!
Call the office to book your viewing today! Entrance Hall Radiator, carpeted flooring.
Lounge 16' 6" x 10' 8" ( 5.03m x 3.25m ) Radiator, fireplace, two double glazed windows to front aspect, door to kitchen, carpeted flooring.
Kitchen 10' 3" x 6' 11" ( 3.12m x 2.11m ) Double glazed window to front aspect, partly tiled backsplash, space for washing machine, space for fridge, storage cupboard, electric hob and oven, extractor fan, wall and base units with work surface, stainless steel 1.5 bowl sink, vinyl flooring.
Bedroom One 13' x 9' 7" ( 3.96m x 2.92m ) Double glazed window to rear aspect, carpeted flooring, electric heater.
Bedroom Two 9' 6" x 8' ( 2.90m x 2.44m ) Double glazed window to rear aspect, radiator, carpeted flooring. Bathroom Fully tiled, wash hand basin, toilet, radiator, bathtub, vinyl flooring.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About 85, Wellington Lane, Norwich
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