1-bedroom flat · NR4 7LA
Listing removedListed 84 days · slow let
Opportunity summary
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About
**BILLS INCLUDED WITHIN RENT**Alexander & Co is delighted to introduce a recently developed, modern, and spacious one double bedroom 1st floor flat.
With bills included, off street parking and an exclusive entrance. Located on Newmarket Road, NR4.
**THIS APARTMENT IS AVAILABLE AT ONE FIXED PRICE OF £1200PCM (£850 RENT + £350 BILLS) This recently developed flat benefits from a modern specification throughout.
**AVAILABLE FURNISHED OR UNFURNISHED** Accessed via staircase, a secure entrance leads you into the large, light, and airy living/kitchen area that absorbs plenty of sunlight through two large front aspect windows.
This living area offers ample space for lounge seating and a dining area, with a modern fitted kitchen that holds a gloss white base units and will benefit from an integrated hob and oven.
The double bedroom will also benefit from neutral decoration and has a Velux window. The bedroom is open to a utility/storage area which is before you reach a modern en suite.
The en suite has a suite that includes a hand wash basin, toilet, and enclosed shower cubicle. This en suite is laid with quality white gloss floor tiles.
This property further benefits from double glazing, electric heating and off street parking.
NEWMARKET ROAD, NR4 SPACIOUS 1ST FLOOR FLAT ONE DOUBLE BEDROOM OPEN PLAN LIVING/KITCHEN AREA OFF STREET PARKING RECENTLY DEVELOPED Holding deposit - £196 Damage deposit - £980 Council tax band - NA EPC Rating - C The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments: A holding deposit (up to 1 week's rent) A tenancy deposit of 5 weeks' rent A payment of up to £50 inc VAT to alter the tenancy agreement, when requested by a tenant, or reasonable costs incurred if higher Interest at a rate of 3% above the Bank of England's base rate, for late payment of rent (which is more than 14 days overdue) A payment of £50 inc VAT for the replacement of a lost key or security device Payments associated with early termination of the tenancy when requested by the tenant Payments to service providers in respect of utilities, communication services, TV licence and council tax Other payments, permitted under appropriate legislation, including damages.
The agent is a member of The Property Redress Scheme, which is a redress scheme, and Client Money Protect, which is a client money protection scheme.
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
FAQ
About Newmarket Road, Norwich, Norfolk
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