1-bedroom flat · NR8 5GZ
Listing removedListed 90 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gilson bailey lettings are pleased to offer this one bedroom spacious executive first floor modern apartment set in this popular residential development close to local shops, supermarket and with easy access to uea, Hospital and A47 / A11 links.
The property benefits from secure entry, private entrance hall, large living room, modern kitchen area, master bedroom with built in wardrobe, main bathroom with shower over the bath, communal grounds, allocated parking space, double glazing, gas central heating, Energy Rating B, Council Tax Band A, furnished.
Entrance Hall: Private entrance hall accessed via secure communal entrance lobby. Entry-phone, doors to all rooms.
Living Room - 5.00m ( 16'5'') x 4.70m ( 15'6''): Good sized living room with front aspect window which allows much natural light in providing the room with a bright and relaxed feel.
Quality laminate floor, built in cupboard, TV / BT points, radiator. Opens to kitchen area. Kitchen Area: Kitchen with ample storage and work surface.
Appliances include gas hob, oven, cooker hood, fridge/freezer and washing machine. Quality laminate floor, inset spotlights, opens to living room.
Bedroom - 5.00m ( 16'5'') x 4.30m ( 14'2''): Double bedroom, front aspect window, built in wardrobe, radiator. Bathroom: Modern suite in white comprising bath with shower over, WC and wash basin.
Extensive tiling, radiator. Outside: Well maintained communal grounds. Parking: One allocated off street parking space. Unrestricted on street parking.
Agents Note: The tenants may still be in residence so these details and photos are only an indication of the property and there could be some requirement for remedial work before the start of a new tenancy.
Agents Note: There may be Furniture/furnishings along with white goods in the property when viewing that are not included in the tenancy . Please contact the office for further details.
Agents Note: Due to high demands, there may be multiple viewings at the same time and cannot guarantee a solo viewing at any one time. Agent note : This property is fully Furnished.
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.
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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
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FAQ
About Martyn Joyce House, Kestrel Avenue Queens Hills Norwich
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