2-bedroom flat · NR4 6PX
Let agreedListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL PRESENTED TWO BEDROOM APARTMENT SITUATED IN SOUGHT AFTER NORWICH CITY Lisa's Homes are pleased to offer this modern 2 bed apartment situated in the sought after location of Norwich City.
The property is nestled in a cul-de-sac overlooking public garden/playground. An intercom system allows your guest entry to the property, of which is located on the ground floor of the main building.
The apartment has an internal entrance hallway with ample storage, leading to your reception room with double doors into your modern kitchen with integrated fridge/freezer and hob/oven.
2 spacious bedrooms and a good sized bathroom are also located off the entrance hallway, your master bedroom has a fitted wardrobe and ensuite shower room.
You have access to a communal garden as well as 2 allocated parking spaces. Viewings are highly recommended, as this property will not be available for long.
PLEASE NOTE: The affordability of this property requires an income of £3,000 per month.
TENANCY TO START: Tenancy to Start Week Commencing 16th November NO DEPOSIT OPTION AVAILABLE FOR TENANTS, GREATER PROTECTION FOR LANDLORDS TENANCY INFORMATION The property is offered on a periodic (month to month) tenancy agreement, unless otherwise stated in writing.
The tenancy will commence following successful referencing, completion of documentation, and agreement of move in date. All tenancies are legally binding agreements.
DEPOSIT / REPOSIT OPTION A tenancy deposit of up to five weeks' rent is required and will be protected in a government-approved tenancy deposit scheme.
Alternatively, a deposit replacement option (Reposit) may be available for eligible tenants. This is an insurance-based product and is not a deposit. Eligibility criteria and separate terms apply.
HOLDING DEPOSIT A holding deposit equivalent to one week's rent may be required to reserve the property whilst referencing is completed.
This will be deducted from the first month's rent upon successful application.
The holding deposit may be retained in line with legislation if the applicant: Withdraws from the tenancy Fails a Right to Rent check Provides false or misleading information Fails to take reasonable steps to enter into the tenancy within the agreed timeframe RENT & PAYMENT TERMS Rent is payable monthly in advance by standing order unless otherwise agreed.
Tenants are responsible for all utilities and outgoings unless explicitly stated otherwise, including: Council Tax Gas (if applicable) Electricity Water TV Licence Broadband/telephone REFERENCING & AFFORDABILITY All applicants are subject to referencing via Rightmove Referencing (or appointed provider).
This includes credit checks, affordability assessment, and landlord/employment references where applicable.
As a general guideline: Household income is typically expected to be around 2.5 times the annual rent Guarantors (if required) are typically expected to earn around 3 times the annual rent A guarantor may be required depending on individual circumstances, including affordability or adverse credit history.
Where a guarantor is required and none is available, applicants may explore third-party guarantor services (e.g. RentGuarantor), subject to their own approval criteria.
RIGHT TO RENT All adult occupiers must provide valid identification and proof of their legal Right to Rent in the UK.
Original identification documents will be required to be seen prior to or at the tenancy start date. PETS Pets may be considered on a case-by-case basis with landlord approval.
A pet application may be required as part of the decision-making process.
TENANCY START DATE, PROCESS & DOCUMENTATION The tenancy will commence as soon as reasonably practicable following successful referencing and completion of all required documentation.
All tenancy documentation will be completed electronically.
You will have access to an online tenant portal where you can view tenancy documents, receive updates, and report maintenance issues throughout your tenancy.
An inventory will be provided and completed at the start of the tenancy on the day you move into the property.
PERMITTED PAYMENTS In accordance with the Tenant Fees Act 2019, permitted payments may include: Rent Tenancy deposit or Reposit option Holding deposit Default charges (e.g.
late rent interest up to 3% above Bank of England base rate, replacement keys/security devices at reasonable cost) Tenancy variation (capped at £50 including VAT or reasonable costs incurred) AGENT INFORMATION Lisa's Homes (trading as R King Resources Ltd) is a member of a Client Money Protection Scheme and a Property Redress Scheme.
Further details available upon request.
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.
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 Turnberry, Eaton, Norwich
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