2-bedroom flat · NR1 2NW
For saleListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom ground floor apartment is offered for sale with no onward chain, making it an ideal choice for first-time buyers, downsizers, or those seeking the convenience of ground floor living.
The accommodation comprises an entrance hall with a useful storage cupboard, two bedrooms, a bathroom, a generous lounge/diner with direct access to the private rear garden, and a kitchen with space for appliances.
The property further benefits from double glazing and gas central heating throughout.
Externally, there is an enclosed private rear garden with a timber gate providing access to the allocated parking space located to the rear of the property.
To the front, a brick-built storage cupboard offers additional practical storage.
A particular feature of the development is the beautiful communal lawn area for residents, which extends down to the river's edge, providing a wonderful space for relaxation, picnics, and entertaining.
Combining comfortable accommodation with attractive outdoor spaces, this property represents an excellent opportunity for a wide range of purchasers.
Location Old Lakenham Hall Drive is a quiet cul-de-sac located in the Old Lakenham area, situated south of Norwich city centre, offering convenient access to the city's amenities while retaining a suburban feel.
A key highlight of the location is the nearby Harford Bridge retail area, which provides a wide range of everyday shopping options.
This includes Tesco and Asda supermarkets, along with a recently opened ikea, making the area particularly practical for both daily essentials and larger home purchases.
Additional retail and leisure options can also be found at Riverside Retail Park, which is a short drive away.
Families benefit from several nearby schools, including primary schools within the Lakenham area and secondary schools accessible via a short drive or bus journey, making Old Lakenham Hall Drive a convenient choice for households with children.
Healthcare facilities, such as gp practices and dental surgeries, are located throughout the surrounding neighbourhood, while the Norfolk and Norwich University Hospital is within easy driving distance for more comprehensive medical care.
Transport links are strong. The area is well served by local bus routes, and the city centre is only a short drive away.
Norwich railway station is also easily accessible for regional and national travel.
Road connections are excellent, with the A47 close by, providing straightforward access in and out of the city, as well as quick links to surrounding areas.
Pedestrian and cycling routes connect Old Lakenham Hall Drive with nearby parks, riverside walks, leisure facilities, and community spaces, enhancing its appeal as a well-connected residential location.
Anti Money Laundering By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with hmrc guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £45+ VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
What3words /// tune.miles.sports Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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
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 5, Old Lakenham Hall Drive, Norwich
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