We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NR3 4QN
Listing removedReduced £5k (−3.8%) on 12 SepListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forming part of a unique development of just four apartments, this recently converted two bedroom first floor apartment is accessed via a secure shared entrance.
Upon entering the apartment, you are greeted by a central hallway providing access to all rooms. The main living area is bright and spacious, combining both a lounge and kitchen facilities.
The kitchen is fitted with an oven and hob, with plumbing in place for a washing machine and offers ample space for a range of furnishings.
Both bedrooms are well-proportioned doubles, providing comfortable accommodation suitable for a variety of buyers, whether owner occupiers or investors.
The bathroom has been fitted with a modern suite, comprising a walk-in mains-fed shower, WC and hand wash basin.
The property is heated via an efficient, eco-friendly electric boiler and has been updated in recent years, allowing a purchaser to move straight in with minimal work required.
Externally, on-street permit parking is available directly outside the property.
Further benefits include a newly extended lease of 125 years and the advantage of being offered for sale with no onward chain.
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
.png){kind=logo}
FAQ
About Anastasia House, 2h, Sprowston Road, Norwich
Explore nearby
