2-bedroom flat · NR1 1YR
For saleReduced £10k (−6.9%) on 16 SepListed 96 days
Opportunity summary
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About
**offered with no onward chain** Gilson Bailey are delighted to offer this well-presented two-bedroom second-floor apartment, ideally situated within the popular Thorpe Park development and perfectly positioned within walking distance of Norwich city centre and the train station.
Offering a fantastic combination of convenience, comfort and low-maintenance living, this attractive property is ideal for first-time buyers, professionals and investors alike.
The accommodation comprises secure intercom entry, a private entrance hall, a bright and spacious lounge/dining room with access to a private balcony, a fitted kitchen, two well-proportioned bedrooms and a bathroom.
Externally, the property benefits from an allocated parking space and access to well-maintained communal grounds, providing pleasant surroundings for residents to enjoy.
Further benefits include double glazing, gas central heating, bike shed and the added advantage of being offered with no onward chain.
With excellent transport links, local amenities and Norwich's vibrant city centre all within easy reach, this superb apartment represents an excellent opportunity for those seeking a well-located home or investment property.
Early viewing is highly recommended.
Location Scott Road is situated close by to many local amenities including schooling, popular pubs, restaurants, Riverside Development and is within walking distance to the City Centre.
There is ease of access to the Norwich Ring Road and A47 southern bypass. Accommodation Comprises Secure intercom entry with stairs to second floor.
Front door to: Entrance Hall Doors to lounge/diner, two bedrooms and bathroom. Lounge/Diner (4.88 x 3.58 (16'0" x 11'8")) Double glazed window, two radiators, door to balcony.
Kitchen (2.36 x 2.36 (7'8" x 7'8")) Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, space for fridge/freezer and integrated washing machine/dryer, double glazed window.
Bedroom One (4.17 x 2.62 (13'8" x 8'7")) Double glazed window, radiator. Bedroom Two (2.44 x 2.16 (8'0" x 7'1")) Double glazed window, radiator.
Bathroom (2.36 x 1.75 (7'8" x 5'8")) Panelled bath with shower over, low level WC, hand wash basin, radiator. Outside One allocated parking space and well maintained communal gardens.
Local Authority Norwich City Council, Tax Band B. Tenure Leasehold - Term 125 years from 24 June 1988. Please note ground rent is N/A and service charge is £1104 per annum.
For further information, please contact the office. Utilities Copper broadband available. 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
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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
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FAQ
About 136, Scott Road, Norwich
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