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See how verdicts work4 × 1-bed flat · NR28 9BP
For saleReduced £40k (−16.7%) on 21 JunListed 653 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare chance to purchase a block of four one bedroom leasehold flats located in the centre of this bustling market town. All the flats are currently let and have been a very successful investment.
For rental income and lease details please contact the office on .
Communal entrance hall to:- Flat One Entrance door to:- Entrance Hall Storage radiator, doors to:- Open Plan Lounge/Kitchen 9'1" (2.77m) + 6'5" (1.96m) x 4'7" (1.40m) Window, two storage cupboards, fitted with a range of base and wall units, single drainer sink unit with mixer tap over.
Bedroom - 11'6" (3.51m) x 8'10" (2.69m) Window, airing cupboard.
Bathroom Bath with mixer tap and shower attachment, wash basin, low level WC, tiled splashbacks, Flat Two Entrance door to:- Entrance Hall Doors to:- Open PlanLounge/Kitchen 18'5" (5.61m) x 14'11" $.55m) and 4'8" (1.42m) x 4'4" (1.32m) Two windows, fitted with a range of base and wall units, single drainer sink unit, tiled splashbacks.
Bedroom 1 - 11'2" (3.4m) x 9'1" (2.77m) Window, airing cupboard, storage cupboard. Bathroom Bath with mixer tap and shower attachment, wash basin, low level WC, tiled splashbacks.
Flat Three (On The Second Floor) Entrance door to:- Entrance Hall Doors to:- Lounge/Kitchen 14'11" (4.55m) x 10'3" (3.12m) and 6'2" (1.88m) x 5'2" 1.57m) Window to the side, two storage cupboards, fitted with a range of base and wall units, single drainer sink unit.
Bedroom - 15'2" (4.62m) x 11'10" (3.61m) Window. Bathroom Bath, wash basin, low level WC, tiled splashbacks.
Flat Four (On The Second Floor) Entrance door to:- Lounge/Kitchen 18'11" (5.77m) x 11'4" (3.45m) and 5' (1.52m) x 4'3" (1.30m) Windows to the front and side, fitted with a range of base and wall units, single drainer sink unit.
Bedroom - 14'0" (4.27m) x 9'8" (2.95m) Window to the side, airing cupboard, two wardrobes. Bathroom Bath, wash basin, low level WC.
Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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
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FAQ
About Flats 1-4 Waterloo House, Market Place, North Walsham
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