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See how verdicts work2-bedroom flat · NR8 5EU
For saleListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In summary Boasting a long leasehold length with 980 years remaining, this modern ground floor apartment offers an exceptional opportunity for first time buyers, investors, or those seeking convenient single level living within close proximity to local amenities, schools and transport links.
Step through the welcoming hallway entrance, opening to all accommodation, creating a practical and inviting flow throughout the home.
The heart of the property is the open plan sitting & dining room, a bright and airy space perfect for relaxing or entertaining guests.
The fully fitted kitchen boasts integrated appliances, ample storage and contemporary finishes, making meal preparation both enjoyable and efficient.
There are two well-proportioned bedrooms, each offering comfort and privacy, offering versatility for use as a home office or guest room.
The three piece family bathroom features a shower over the bath, modern tiling and a functional space for daily routines.
Heading outside, the private and fully enclosed garden has been designed with a low maintenance in mind. Beyond, a rear passageway allows access to the allocated parking.
Setting the scene Set back from the road, the property features a low maintenance frontage laid to lawn, beautifully bordered by mature shrubs and well maintained bushes.
The main entrance is located at the front of the home. The grand tour Stepping inside, the light and bright entrance hall features hard flooring underfoot, with doors opening to all accommodation.
The heart of the home is the 12’ open plan sitting and dining room, offering continued hard flooring for ease of maintenance.
This versatile space allows for a range of soft furnishing layouts alongside formal dining, and sits perfectly adjacent to the kitchen.
The fully fitted kitchen boasts an extensive range of wall and base storage units, with wrap around worktops providing ample space for food preparation.
Integrated appliances include an oven, a four burner gas hob with an extractor overhead and a fridge/ freezer, while under counter plumbing is available for a washing machine.
Across the hall, doors open to two well sized bedrooms.
The main bedroom comfortably accommodates a double bed and features uPVC double glazed French doors that open directly onto the garden patio, flooding the room with natural light.
This room further benefits from a built in double wardrobe and an airing cupboard. The adjacent second bedroom would make an ideal single room and is currently utilised as a home office.
Serving both bedrooms is the three piece family bathroom, complete with overhead spotlights, practical tiled splashbacks and a shower over the bath with a glass screen.
Find us Postcode : NR8 5EU What3Words : ///poster.lives.lends Virtual tour View our virtual tour for a full 360 degree of the interior of the property.
Agents notes The property is offered on a leasehold basis with 980 years remaining lease.
The property is subject to a service charge of £480 paid bi-annually, with the added benefit of no ground rent payable.
EPC Rating: B Location The development of Queens Hill is located on the fringes of Costessey.
Local schooling is located within walking distance, and a regular bus link into Norwich City centre is provided.
The nearby Longwater Retail Park offers a fantastic range of shops and a supermarket, whilst the A47 leads to Norwich and the A11.
Garden The great outdoors Stepping outside, the private rear garden is fully enclosed by timber panel fencing.
Designed with a low maintenance in mind, the space initially opens to a flagstone patio area surrounded by shingle, with further slabs providing a base for a storage shed.
From here, shallow steps lead down to a wooden latch and brace gate at the foot of the garden, allowing convenient access from the passageway to the allocated rear space.
Disclaimer Anti-Money Laundering (aml) Fee Statement: To comply with hmrc's regulations on Anti-Money Laundering (aml), we are legally required to conduct aml checks on every purchaser once a sale is agreed.
We use a government-approved electronic identity verification service to ensure compliance, accuracy, and security.
This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf).
The cost of anti-money laundering (aml) checks are £50 including VAT per person, payable in advance after an offer has been accepted.
This fee is mandatory to comply with hmrc regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.
General Disclaimer: Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only.
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 7 Fairway, Norwich
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