Studio flat · NR2 4DD
To rentReduced £25 (−3.1%) on 20 OctListed 46 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Leaders Lettings of Norwich are pleased to present this property with modern amenities and all bills included, ideally located in the sought-after NR2 area, offering easy access to the city centre and a quiet neighbourhood.
EPC Rating: D. Council Tax Band: C. A self-contained studio flat that's just waiting for someone to make it their own! One of the standout features is its, kitchen area and bathroom.
The kitchen is a modern, clean space perfect for cooking up a storm, while the bathroom is sleek and contemporary, offering a relaxing retreat.
The property doesn't come furnished, so it's a blank canvas ready for you to add your personal touches.
It's ideally situated in the sought-after NR2 location and provides easy access to the city centre, making it perfect for those who enjoy city living but also appreciate the comfort of a quiet neighbourhood.
One of the greatest perks of this property is that the rent includes all bills and WiFi. So, you can manage your expenses with ease and enjoy the convenience of not having to deal with multiple bills.
With its attractive features and location, this property is a gem. Don't miss this opportunity to make this your new home! Room dimensions pending verification.
Information regarding broadband options and phone signal can be obtained from the Ofcom broadband and mobile coverage checker. Rent excludes the tenancy deposit and any other permitted charges.
Deposit payable £951.92. A holding deposit of £190.38 is required to reserve the property based on the advertised rent. Please contact the branch for further information or visit our website.
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.
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
.png){kind=logo}
FAQ
About Studio 3, 18, Waterworks Road, Norwich
Explore nearby
