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See how verdicts work1-bedroom flat · NR1 2LB
Under offerReduced £10k (−9.1%) on 25 OctListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the highly convenient and central setting of Springbank, this one-bedroom first floor apartment is sure to stand out for all the right reasons.
Offering well-proportioned accommodation throughout, scenic leafy outlooks and a location perfect for enjoying everything Norwich has to offer, this property is ideal for first-time buyers, investors or anyone searching for a home with a low-maintenance lifestyle in mind.
Better still, the property is offered with no onward chain, allowing a straightforward move for its next owner.
As you approach the property you will immediately notice the mature communal grounds which create a surprisingly green and peaceful setting despite being so close to the city.
Residents parking adds another layer of convenience, while the first-floor position enjoys elevated views over the surrounding greenery.
Once inside, the entrance hall provides access to all accommodation and features useful built-in storage.
The generous lounge is filled with natural light thanks to its large window framing the attractive tree-lined outlook, creating a bright and inviting space to unwind.
Measuring over 14ft in length, there is ample room for both seating and entertaining.
The kitchen/breakfast room is another impressive feature and offers far more than many would expect from a one-bedroom apartment.
This modern space provides excellent worktop and cupboard space while also comfortably accommodating a dining area, perfect for casual breakfasts, working from home or hosting friends.
The double bedroom is a comfortable size and enjoys a pleasant outlook, while the bathroom is found off the hallway.
The layout works exceptionally well, making the most of the space available and creating a home that feels practical as well as welcoming.
Properties within such a central Norwich location that combine spacious accommodation, residents parking, communal gardens and no onward chain are always in demand, making this one an opportunity not to be missed.
Tenure - Leasehold Council Tax Band - A Local Authority - Norwich City Council We have been advised that the property is connected to mains water, electricity & gas.
Winkworth wishes to inform prospective buyers and tenants that these particulars are a guide and act as information only.
All our details are given in good faith and believed to be correct at the time of printing but they don’t form part of an offer or contract.
No Winkworth employee has authority to make or give any representation or warranty in relation to this property.
All fixtures and fittings, whether fitted or not are deemed removable by the vendor unless stated otherwise and room sizes are measured between internal wall surfaces, including furnishings.
The services, systems and appliances have not been tested, and no guarantee as to their operability or efficiency can be given.
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

FAQ
About Springbank, Norwich, Norfolk, NR1
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