2-bedroom terraced house · NR7 8FZ
For saleListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented in excellent condition throughout, this attractive two bedroom terraced home offers bright, contemporary accommodation within the ever-popular suburb of Sprowston.
Benefitting from modern finishes, a practical layout and available as a Discounted Market Sale resale at 80% of market value, the property presents an outstanding opportunity for first-time buyers looking to step onto the property ladder.
The accommodation begins with a welcoming entrance hall, complemented by a convenient ground floor cloakroom.
To the rear of the property is an impressive open-plan kitchen, living and dining space, designed to suit modern lifestyles.
French doors flood the room with natural light and provide direct access to the garden, creating an ideal setting for both everyday living and entertaining.
The stylish fitted kitchen is equipped with a range of contemporary units and integrated appliances, including an oven, gas hob, fridge and dishwasher, while the generous living and dining areas offer ample room to relax and socialise.
On the first floor, the principal bedroom enjoys views over the rear garden and benefits from its own en-suite shower room, fitted with a walk in shower, wash basin and WC.
A further spacious double bedroom is enhanced by dual windows, creating a bright and airy atmosphere.
Completing the accommodation is a modern family bathroom comprising a bath with shower over, wash basin and WC.
Outside, the enclosed rear garden has been thoughtfully maintained and features a spacious patio area, perfect for al fresco dining and entertaining, alongside a lawned garden.
The property also benefits from two allocated off-road parking spaces located to the front.
Additional features include gas central heating, double glazing and a high standard of decoration throughout.
Ideally positioned close to a range of local amenities, popular schools and convenient transport links into Norwich city centre and beyond, this fantastic home offers stylish, low-maintenance living and is ready for its next owners to move straight in and enjoy.
Agents Note - Please note this is offered as a dms resale which is an affordable home sold at no more than 80% of market value. Maintenance charge of £101.28 per year to rmg.
For further criteria information or for an application form please call the office on . -Applicants will need to demonstrate a Local Connection to Broadland district.
-Applicants will sign the la application form to confirm that they are in need of an affordable home and it will remain their sole residence. -Applicants should be First Time Buyers.
-No buy to let applicants or cash purchasers.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 advisors 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 63, Overstrand Way, Norwich
Explore nearby