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See how verdicts work2-bedroom flat · NR7 8GL
Listing removedListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IN SUMMARY Situated in an ever popular edge of city development, this WELL-DECORATED and maintained flat is offered in fantastic order and features multiple UPGRADES and ALLOCATED PARKING.
Intercom entry gives you security and privacy where the flat will emerge to the top of the stairs.
The central hallway offers fantastic BUILT-IN STORAGE OPTIONS while an upgraded FAMILY BATHROOM sits to your left.
TWO DOUBLE BEDROOMS then lead further down the hallway - both featuring BUILT-IN WARDROBES and the larger an EN-SUITE SHOWER ROOM.
The main living space a welcoming OPEN PLAN living space leaving room for a sitting and dining room suite where a kitchen then opens to offer ample BUILT IN STORAGE and INTEGRATED COOKING APPLIANCES.
SETTING THE SCENE The property is approached just off from the main street with an opening taking you into a shingle communal car park where two allocated parking spaces can be found for this property near the bin store and bike sheds.
The main front door is controlled with intercom and buzzer system for security and safety while stairs take you up to the property.
THE GRAND TOUR Once inside a bright and neutral décor will greet you in a slightly wider than average hallway with all carpeted flooring giving way to two generously sized storage cupboards to your right and all living accommodation ahead.
Immediately to your left is the three piece family bathroom suite with upgraded tiling and shower over the bath with glass screen. This space also features a wall mounted radiator and tiled flooring.
The smaller of the two bedrooms comes to the right of the hallway.
This space could accommodate a double bed courtesy of the built in wardrobes and features a uPVC double case window with radiator mounted below.
The larger of the two bedrooms sits slightly further down the hallway again leaving ample room for a double bed where double built in wardrobes initially greet you as you enter the room.
Direct access to an en-suite shower room can also be found with spot lights mounted in the ceiling, and all tiled flooring with a low level radiator.
The main living space comes in the form of a 19’ open plan kitchen, sitting and dining room.
Immediately you are greeted with the formal living space with all carpeted flooring leaving ample room for a sitting room suite and potential dining table whilst tiled flooring then lead you directly into the kitchen with upgraded features and square edge work surfaces which in turn give way to an integrated double oven and four ring gas burner hob with extraction above and tiled splashbacks while there is room remaining for freestanding appliances such as a fridge freezer with plumbing for a washing machine and tumble dryer or dishwasher.
FIND US Postcode : NR7 8GL What3Words : ///remind.garage.drift 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 whereby a term of 117 years remains on the lease.
The ground rent is charged at £130 annually and the service charge at approximately £1250 annually. These payments can be paid every six months to break them down.
EPC Rating: B Communal Garden THE GREAT OUTDOORS The property is situated on a space where communal greens wrap around the home and an external communal bike shed can be accessed.
There is a public play park only a short walking distance from the property which families can enjoy also.
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.
Area
Agent & docs

FAQ
About Scott Close, Sprowston, Norwich
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