We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NR3 1FS
For saleReduced £10k (−2.6%) on 21 JunListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built in 2022, this stunning two bedroom penthouse apartment offers contemporary living at its finest!
Enjoy a spacious wraparound private balcony with breathtaking river and city views across Norwich, two sleek bathrooms, and the convenience of off road parking.
Occupying an enviable position in the heart of NR3, this stunning penthouse apartment, built in 2022, enjoys breathtaking river views and an unrivalled panorama across the city of Norwich, beautifully framing the iconic Norwich Cathedral and its historic surroundings, whilst presented in true 'move in ready' condition!
Accessed via a secure telecom entry system, the building welcomes you with a stylish communal reception area, with both lift and stairs rising to the luxurious top floor.
The spacious and impeccably appointed accommodation comprises two generous double bedrooms, including a principal suite with en suite shower room, alongside a contemporary family bathroom.
The centrepiece of the apartment is the striking open plan kitchen/diner/living room, a superb dual aspect space showcasing a sleek, contemporary fitted kitchen seamlessly flowing into generous dining and lounge areas, perfectly designed for both relaxed everyday living and stylish entertaining.
Doors from both the open plan living space and the principal bedroom open onto a magnificent wraparound balcony spanning the full width of the apartment, where truly spectacular views across the river and the city skyline await, an exceptional outlook and stand out feature of this North City home!
Further enhancing the appeal, the property benefits from an allocated parking space along with additional visitors' parking, double glazing throughout, and underfloor heating, ensuring comfort, efficiency and convenience in equal measure.
Kitchen/Diner/Lounge 20'8 x 16'6 (6.30m x 5.03m) Bedroom 14'7 x 9'9 (4.45m x 2.98m) En-Suite 7'5 x 5'6 (2.26m x 1.68m) Bedroom 11'10 x 9'8 (3.60m x 2.94m) Bathroom 6'11 x 6'6 (2.12m x 1.98m) accommodation comprises (74.0 sqm - 797 sqft) location Ratcliff Court on Gilders Way in Norwich, NR3 occupies a highly desirable spot just over the water from the city centre, combining convenient urban living with scenic riverside appeal.
The property benefits from a private balcony, with views across the River Wensum, making the most of the peaceful, water side setting and offering picturesque outlooks towards city landmarks such as the cathedral and riverside walks.
The location is excellent for day to day life, within easy walking distance of Norwich train station, a wide range of shops, cafés, pubs and restaurants, and the historic heart of Norwich.
You're also right by lovely riverside paths, ideal for leisurely strolls along the water, and just minutes from parks and open spaces that add to the area's relaxed yet central feel.
Whether you're enjoying an evening on your balcony watching the river or heading into the city centre for amenities, Ratcliff Court combines a tranquil riverside setting with vibrant city living!
Important notices Local Authority: Norwich City Council Council Tax Band: B Current EPC rating: B Property Construction: Standard Construction Services not on the mains: Gas.
Heating: Communal heat interface unit system Broadband: Details of available speeds can be found on the Openreach website.
Mobile Signal: An indication of available service can be found via the Ofcom website.
Known Building Safety Issues: N/A Known Restrictions: N/A Known Public & Private Rights: N/A Flood & Coastal Erosion: The flood history of properties in England can be found at (Request link from agent), the long term flood risk for properties in England can be found at (Request link form agent).
The plan for tackling coastal erosion can be found at (Request link form agent).
Planning Permission: Whether a local planning permission will affect enjoyment of the property is a subjective decision.
You should satisfy yourself that local extensions, new buildings & developments will not affect your enjoyment of the property at the planning portal of the relevant local authority or via a planning search.
Please ask if you would like any help with this?
Accessibility: Hopefully you can see the accessibility from the phots and floorplan but if you still have any questions regarding accessibilities or adaptations, please contact us.
Mining: Britain has been actively mined since 2700BCE.
Limited information is known about prehistoric & historic mines but Norfolk is known to contain a number of historic mines, especially chalk mines.
No map exists of the location of these mines but limited information about the known mines can be found at (Request link from agent).
Property Ladder, their clients and any joint agents give notice that: 1.
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Property Ladder have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise. 3.
These published details should not be considered to be accurate and all information, including but not limited to lease details, boundary information and restrictive covenants have been provided by the sellers.
Property Ladder have not physically seen the lease nor the deeds.
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 advisers 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.
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FAQ
About 29 Ratcliff Court, Gilders Way, Norwich
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