2-bedroom terraced house · NR7 8FZ
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In summary This Discounted Market Sale home is being sold at 80% of the market value.
Nestled opposite a tranquil open green space, this immaculate mid-terrace house offers an exceptional affordable opportunity.
Step inside to discover a welcoming entrance hall leading to a stylishly upgraded kitchen, complete with new sink, modern worktops, contemporary cabinets, and a sleek hob.
The spacious sitting room provides the ideal setting for relaxation or entertaining guests, seamlessly flowing into the rest of the home.
Upstairs, two generous double bedrooms await, each benefitting from access to a luxurious family bathroom and a private en-suite (both bathrooms feature upgraded vanity units, elegant tiling, and modern shower heads).
A ground floor WC adds further convenience.
Throughout the home, karndean flooring enhances the sense of quality and style, whilst the tasteful decoration creates an inviting, move-in-ready environment.
Completing the property is off-road parking for two vehicles, ensuring practicality and peace of mind for residents and visitors alike.
The rear garden has been attractively landscaped to offer an attractive space to enjoy the warmer months.
Setting the scene The property is found in a tucked-away section of this ever-popular development, sitting opposite an open green space with two allocated parking spaces to the very front of the home.
The grand tour Once inside, an entry lobby provides a large storage cupboard to the right-hand side, as well as a fully redecorated two-piece WC to the left.
Wood-effect Karndean flooring leads through from this lobby into the main living space, which measures an impressive 21’ in length.
Immediately to your left, the kitchen opens up with many upgraded features, including worktops, cabinetry, hob and sink, with integrated appliances to include an oven, tall fridge freezer and dishwasher.
From here the flooring opens up to leave more than enough room for each a formal dining and sitting room suite, with a set of French doors opening into the rear garden.
The first-floor landing splits in each direction to offer two well-proportioned double bedrooms, with the principal bedroom located towards the rear of the home with an upgraded ensuite shower room comprising floating vanity storage and tiled flooring.
The three-piece bathroom suite sits between each of these rooms, again an upgraded space with attractive tiling, rainfall showerhead and glass screen mounted over the bath, with further vanity storage.
Find us Postcode : NR7 8FZ What3Words : ///rock.jumpy.weds Virtual tour View our virtual tour for a full 360 degree of the interior of the property.
Agents notes The property is offered as part of the discounted market scheme whereby the property is sold at 80% of current market value.
This is an affordable home - protected in perpetuity by a restriction on the Land Registry title deeds.
If you are interested in the home, please apply to Starkings and Watson who will provide an la application form for interested parties.
Any applicants must have local connection to Broadland District Council area and meet other eligibility criteria including income thresholds. No cash buyers or Buy to let investors will be considered.
For more information, please speak to our team. A maintenance charge of approximately £56.27 is payable every 6 months.
EPC Rating: B Location You will find Sprowston to the north of the City of Norwich, within easy reach of a great selection of amenities including schooling for all ages, doctors, supermarket, shops and local pubs.
Excellent public transport leads in and out of Norwich, along with a park and ride, and regular bus routes close by.
Garden The great outdoors Stepping through the French doors from the sitting room, you find yourself on a quaint patio with lighting and an outside tap.
A suitable area for a bistro set to enjoy a morning coffee or to entertain during the warmer months.
The remaining garden is laid to lawn, with a small drop to another level created with railway sleepers and tiled steps.
To the rear of the garden is a good size shed, ideal for storing outside furniture. Keeping the garden enclosed, panel fencing surround the garden with a latch and brace gate at the bottom.
Disclaimer Anti-Money Laundering (aml) Fee Statement: To comply with hmrc's regulations on Anti-Money Laundering (aml), we are legally required to conduct aml checks on every purchaser once a sale is agreed.
We use a government-approved electronic identity verification service to ensure compliance, accuracy, and security.
This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf).
The cost of anti-money laundering (aml) checks are £50 including VAT per person, payable in advance after an offer has been accepted.
This fee is mandatory to comply with hmrc regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.
General Disclaimer: Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only.
Value & comps
No previous sales on record.
Returns
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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 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.
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FAQ
About 71 Overstrand Way, Norwich
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