2-bedroom flat · NR1 1RH
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
abbotFox presents this spacious apartment, set in the ever popular residential area of Thorpe Hamlet. Accommodation Located on the ground floor of this popular development, is this spacious apartment.
Neatly arranged around an inviting entrance hall, the accommodation comprises; lounge diner with access to a terrace and the communal gardens, kitchen, two double bedrooms and a family bathroom.
The apartment also benefits from an allocated parking space.
Location City Heights is set within the popular residential area of Thorpe Hamlet that allows easy access to Norwich City centre, whilst remaining within easy reach of a wealth of amenities, including, schools, shops, cafe's, parks, and Norwich Railway Station.
Buyers With a well documented history as a rental property, this home would make a strong addition to any rental portfolio, alternatively the accommodation, price point and convenience would also suit a first time buyer.
Our Agents View "The accommodation this apartment offers is, with the direct access to a terrace and the communal gardens a real bonus."
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 Flat 2, City Heights, Thorpe Road, Norwich
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