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See how verdicts work1-bedroom flat · NR3 1BL
For saleReduced £5k (−5.3%) on 13 OctListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One Bedroom Apartment for Sale in Sherwyn House.
Leaders are delighted to bring to the market this well-presented one-bedroom apartment within the popular over-55s development of Sherwyn House, offered with no onward chain.
This historic development is situated on St George’s Street, providing an excellent location for those looking to enjoy the convenience of Norwich city centre, with a wide range of local amenities, shops, cafés and services all within easy reach.
Sherwyn House also benefits from attractive communal seating areas and gardens, a secure entry system and lift access to all apartment floors, creating a welcoming and sociable community for its residents.
The property would make an ideal choice for those looking to downsize to a conveniently located city-centre home, while retaining the benefits of a friendly and established residential community.
Upon entering Sherwyn House from St George’s Street, residents are welcomed through a secure entrance into a communal foyer and seating area, providing an ideal space for socialising with fellow residents.
The apartment is situated on the second floor and can be accessed via either the lift or stairs.
The apartment itself opens into a spacious entrance hall, providing a practical area for coats and shoes, as well as benefiting from two generous storage cupboards.
To the right is the bright and spacious living and dining room, measuring an impressive 18ft in length.
The room enjoys pleasant views over the communal gardens and towards the property’s distinctive old industrial chimney.
The living room leads through to a well-appointed u-shaped kitchen, offering a good amount of storage and worktop space, together with room for integrated appliances.
Returning to the entrance hall, the accommodation continues to the generously sized bedroom, which also overlooks the communal gardens.
The room benefits from plenty of natural light and built-in storage, providing a practical and comfortable living space.
Completing the accommodation is a well-maintained three-piece bathroom, which also benefits from additional mobility support.
Sherwyn House offers a combination of convenient city-centre living, communal facilities and a welcoming residential environment, making this an appealing opportunity for those looking to downsize in Norwich.
For more information or to book a viewing, please call!
Value & comps
No previous sales on record.
Returns
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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 15 Sherwyn House, 61, St. Georges Street, Norfolk
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