2-bedroom flat · NR1 2RR
For saleListed 89 days
Opportunity summary
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About
**renovated flat with A private garden** Gilson Bailey are delighted to offer this lovely, recently renovated first-floor flat, ideally situated to the south of Norwich and offering stylish, practical living throughout.
Beautifully presented and ready to move straight into, the accommodation comprises an entrance hall, spacious lounge/diner, modern fitted kitchen, two well-proportioned bedrooms and a contemporary bathroom.
Outside, the property benefits from on-street parking, while to the rear there is a private, mature garden along with a large brick-built storage shed, providing excellent additional storage.
Further benefits include gas central heating, double glazing and an excellent standard of presentation throughout.
Offering an exciting opportunity for first-time buyers looking to step onto the property ladder or investors seeking a promising buy-to-let investment, this attractive flat combines modern living, private outside space and a convenient location to create a wonderful home, so an early viewing is highly recommended.
Location The favoured south city of Norwich offers good access to and from the City centre along with popular local amenities to include schooling, shops, supermarkets, pubs and restaurants.
There is ease of access to Norwich Bus station, Chapelfield Gardens, University of East Anglia, Norfolk and Norwich University Hospital, A11 and the A47 southern bypass.
Accommodation Comprises Front door to: Entrance Hall With stairs to: Landing Doors to lounge/diner, kitchen, two bedrooms and bathroom.
Lounge/Diner (4.75 x 3.25 (15'7" x 10'7")) Two double glazed windows, radiator.
Kitchen (2.50 x 2.30 (8'2" x 7'6")) Fitted wall and base units with worktops over, sink and drainer, cooker, space for fridge/freezer, washing machine and dishwasher, double glazed window.
Bedroom One (3.83 x 3.23 (12'6" x 10'7")) Double glazed window, radiator, cupboard. Bedroom Two (3.23 x 3.06 (10'7" x 10'0")) Double glazed window, radiator.
Bathroom (2.50 x 1.39 (8'2" x 4'6")) Panelled bath with shower over, low level WC, hand wash basin, radiator, frosted double glazed window.
Outside Enclosed lawned and paved garden, brick built storage shed and on street parking. Local Authority Norwich City Council, Tax Band A. Tenure Leasehold – Term 125 years from 1 February 2021.
Please note ground rent is £10 per annum and service/maintenance charges are £260 per annum. For further information, please contact the office. Utilities Fibre to the property.
Mains gas, water and electric. Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
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
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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 43, Latimer Road, Norwich
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