2-bedroom flat · NR1 2PY
For saleListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***ready made investment*** Iconic Estate Agents are delighted to present this well-presented ground floor apartment, available to buy with a sitting tenant paying £950 per month.
Ideally situated within easy reach of the city centre, this attractive home offers bright and spacious accommodation throughout.
The property benefits from a secure key-code entry system providing access to the communal entrance.
Internally, the apartment comprises a welcoming entrance hall with access to the lounge/diner, two bedrooms, family bathroom, and two generous storage cupboards.
The impressive 16ft lounge/diner enjoys a window to the front aspect and patio doors opening to the rear, creating a light and airy living space.
Just off the lounge is the recently re-fitted kitchen, featuring a range of modern wall and base units with work surfaces over, along with an integrated oven and electric hob.
Both bedrooms have been recently redecorated, with the second bedroom further benefitting from a fitted wardrobe.
The stylish white three-piece family bathroom suite has also been recently updated and includes a shower over the bath.
Externally, the property offers communal gardens, communal parking, and a convenient bike shed. Early internal viewing is highly recommended to fully appreciate the accommodation on offer.
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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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 advisors 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 38, Ingram Court, Norwich
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