1-bedroom flat · NR1 2GD
For saleListed 813 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Priced to sell! Guide Price £135,000 - £140,000 No Onward Chain.
Nestled in a tranquil cul-de-sac adjacent to the River Wensum, this charming second floor one bedroom apartment offers a peaceful retreat on the fringes of Bracondale.
The well appointed accommodation features, communal entrance hall with intercom secure entry plus a private hall leading to a spacious 15'8" x 15'8" living room that seamlessly incorporates a modern kitchen.
The property also includes one double bedroom and a separate bathroom. Enhanced by double glazing and electric underfloor heating, this apartment ensures year round comfort.
Residents can enjoy the communal grounds that extend down to the river, perfect for leisurely strolls.
Additionally, there is one allocated parking space within the secure car park, providing convenience and peace of mind.
This property is ideal for first time buyers or investors, with an existing tenant currently paying £775 per calendar month who is willing to stay.
Don't miss this opportunity to secure a lovely home in a sought after location.
Located not too far from the City centre which offers a variety of amenities including shops, a vast selection of cafes, restaurants, two popular shopping malls, recreational areas, public houses and a busy market place.
There are also nearby dental and doctor surgeries, beauty salons and boutique shopping in the numerous lanes and cobbled streets with the two Cathedrals and a castle.
All levels of schools are within walking distance including a private college and University level education.
Norwich has many transport links to offer including trains to London Liverpool Street, Cambridge, Nottingham and the beautiful Norfolk Coastline.
A variety of bus routes makes travelling to all areas outside of the City a breeze.
To the North of the City is Norwich International Airport providing transportation to a variety of destinations outside of the UK.
Communal entracne door to- Secure intercom entry with lift and staircase to the second floor landing. Front door to:- Entrance Hall Front door to entrance hall, doors to all rooms.
Bedroom - 13'10" (4.22m) Max x 9'6" (2.9m) Double glazed window to the front. Bathroom Bath with shower over, wash basin, low level WC, tiled walls, tiled floor, extractor fan, heated towel radiator.
Living Room Incorporating Kitchen - 15'8" (4.78m) Max x 15'8" (4.78m) Max Double glazed windows to the front and side.
Kitchen Area: Fitted with a range of base and wall units, work surfaces, integrated fridge/freezer and dishwasher, insert four ring electric hob with extracted over, electric oven and grill, sink and drainer with mixer taps over, tiled floor.
Outside There are some communal gardens with seating areas leading down to the river's edge giving access to riverside walks.
There is one allocated underground parking space with secure entry plus some visitors parking spaces which are on a first come first served basis which are pay and display.
Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
Value & comps
No previous sales on record.
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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 starting price
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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
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FAQ
About 28, Granary View, Norwich
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