2-bedroom flat · NR14 8FD
For saleListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Guide Range of £150,000 to £155,000 *** Situated in the extremely popular Mulbarton only a short drive from the city of Norwich, this ground floor 2 bedroom apartment is offered in a neutral décor throughout with modern kitchen and bathroom and communal gardens.
There is an allocated parking space and with no onward chain, we urge an early viewing to avoid disappointment. COMMUNAL ENTRANCE HALL With area for post boxes.
ENTRANCE HALL With night storage heater and large storage cupboard, doors to all rooms, cupboard containing the pressurised water cylinder for hot water and RCD board and electric trip switches.
BEDROOM A good size single bedroom with view to the side with wall mounted heater. BATHROOM Three piece white suite comprising panel bath, WC and wash basin with mains shower above the bath.
Wall mounted heated tail rail and complementing ceramic tiled splashbacks and surrounds.
BEDROOM A considerable double bedroom with view to the side with large fitted wardrobe cupboards and wall mounted heater.
LOUNGE With dual aspect to the side and rear ample space for sitting room furniture and potentially a small table with electric heater.
KITCHEN A selection of buttermilk shaker units in base, drawer and wall mounted style, with electric hob and double electric oven.
There is plumbing for automatic washing machine and space for fridge freezer. All of which with complimenting splashback and surrounds and ceramic tiled flooring.
OUTSIDE The property benefits from parking for one vehicle with an allocated space. There are further communal green areas enclosed by fencing and hedging. AGENTS NOTE This property is leasehold.
We understand from our client, that the lease is a 125 years from 2009 and there is approximately 108 years left on the lease.
There is a ground rent payable annually of £115 and the last service charge paid was £584.19 for a 6 month period.
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

FAQ
About Ryefield Road, Mulbarton, NR14 8FD
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