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See how verdicts work2-bedroom flat · NR7 9TJ
For saleReduced £5k (−5.6%) on 23 OctListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** cash buyers only with some of the best views in norwich** Gilson Bailey are delighted to offer this spacious, two bedroom, top floor flat situated on the edge of the Heartsease estate to the north/east of Norwich.
Accommodation comprising secure intercom entry, private entrance hall, lounge/diner with door to the balcony, kitchen, two bedrooms, bathroom and WC.
The flat benefits from double glazing, gas heating, far reaching views across norwich and is offered with no onward chain.
The property would make an excellent first time purchase or buy-to-let investment so be quick to book a viewing.
Location Situated to the north-east of Norwich close by to a good selection of amenities including schooling, shops, popular local pubs and restaurants.
There are regular public transport links to and from the City centre with ease of access to the Norwich Ring Road, Mousehold Heath and ndr.
Accommodation Comprises Secure intercom entry with stairs and lift to tenth floor. Front door to: Entrance Hall Doors to lounge/diner, two bedrooms, bathroom and WC.
Lounge/Diner (5.78 x 3.08 (18'11" x 10'1")) Two double glazed windows, radiator, door to balcony.
Kitchen (3.31 x 2.14 (10'10" x 7'0")) Fitted wall and base units with worktops over, sink and drainer, space for cooker, fridge/freezer and washing machine, double glazed window.
Bedroom One (4.47 x 2.58 (14'7" x 8'5")) Double glazed window, radiator, built in cupboard. Bedroom Two (4.78 x 2.58 (15'8" x 8'5")) Double glazed window, radiator.
Bathroom (1.66 x 1.47 (5'5" x 4'9")) Panelled bath, hand wash basin, radiator. Wc Low level WC. Local Authority Norwich City Council, Tax Band A. Tenure Leasehold – 125 years from 10 February 2003.
Please note ground rent and service/maintenance charges are £300 per quarter. For further information, please contact the office. Utilities Gfast broadband available. Mains water and electric.
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
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FAQ
About 41, Ashbourne Tower, Norwich
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