2-bedroom flat · NR7 0XE
No longer listedListed 47 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 two bedroom, two bathroom apartment. The property is located close to local shops, restaurants and within easy reach of the city centre and station.
The accommodation comprises of a private entrance hall, good sized kitchen /dining room with appliances, lounge, master bedroom with en-suite shower room, second bedroom with built in storage, main bathroom, double glazing, electric heating, two allocated parking spaces, private garden, Band A Council Tax, unfurnished.
Private garden ** two bathrooms**balcony **EPC rating D. Entrance Hall: Private entrance hall, stairs to first floor.
Lounge - 4.20m ( 13'10'') x 2.80m ( 9'3''): Lounge with big rear aspect window which allows much natural light in providing the room with a bright and welcoming feel. TV / BT points, heater.
Archway to kitchen dining room. Kitchen Dining Room - 5.10m ( 16'9'') x 4.20m ( 13'10''): Kitchen providing ample storage and work surface.
Appliances include electric hob, cooker hood, electric oven, integrated washing machine and fridge. Juliet balcony, inset spot lighting, dining area, heater.
Bedroom 1 - 3.30m ( 10'10'') x 3.20m ( 10'6''): Master double bedroom with big front aspect window, BT / TV points, heater, door to en-suite shower room.
Bedroom 1 ensuite: Shower suite in white comprising fully tiled shower cubicle, WC and wash basin. Chrome heated towel rail, inset spot lighting, frosted window.
Bedroom 2 - 3.50m ( 11'6'') x 2.20m ( 7'3''): Second double bedroom, built in storage cupboard, TV / BT points, heater. Main Bathroom: Bathroom suite in white comprising bath, WC and wash basin.
Chrome heated towel rail, inset spot lighting, frosted window. Garden: Private enclosed garden, mainly laid to lawn. Parking: Two allocated off street parking spaces.
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. Agents Note
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 Laundry Lane, Thorpe St Andrew Norwich Norfolk
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