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See how verdicts work2-bedroom flat · NR1 1XB
For saleReduced £10k (−6.7%) on 27 OctListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a peaceful location, this well presented two bedroom first floor City centre apartment offers comfortable and practical living accommodation, making it an ideal first time purchase or buy to let investment.
The property is accessed via secure intercom entry and benefits from a private entrance hall leading into a spacious lounge/diner, featuring sliding patio doors opening onto a small balcony.
The lounge/diner is complemented by an adjoining fitted kitchen, while the recently refurbished bathroom provides a modern and well appointed space.
There are two double bedrooms, offering excellent flexibility for both owner/occupiers and investors. The apartment further benefits from double glazing and electric heating.
Externally, there is an allocated parking space within the secure residents' car park, which is accessed via a gated entrance to the rear of the development.
Ideally positioned within walking distance of the city centre, this attractive apartment offers a great combination of convenience, security and low-maintenance living.
An early viewing is highly recommended to fully appreciate what this property has to offer.
Location Raleigh Court is positioned along Rouen Road in a highly convenient part of Norwich city centre and this particular apartment is tucked away to the rear away from the hustle and bustle yet offering immediate access to a wide range of amenities and attractions.
The property sits just a short walk from Norwich railway station, Riverside retail and leisure complex, and the historic City centre, where an excellent choice of shops, restaurants, cafes, and cultural venues can be found.
Norwich Castle, the market place, and the cathedral quarter are all close by, providing a strong sense of character alongside everyday convenience.
The area is well served by public transport and road links, making travel across the city and beyond straightforward, while riverside walks and green spaces offer an easy escape from city life without leaving the centre.
Agents Note - Anti Money Laundering By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with hmrc guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £45+ VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
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.
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
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FAQ
About 1 Raleigh Court, Rouen Road, Norwich
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