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See how verdicts work1-bedroom flat · NR1 1TP
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Iconic Estate Agents are delighted to present this deceptively spacious modern first-floor apartment, ideally situated in the highly desirable suburb of Thorpe St Andrew.
Recently redecorated throughout and benefiting from brand-new carpets, this well-presented property offers an excellent opportunity for first-time buyers, professionals or investors seeking an attractive home in a popular residential location.
With a modern integrated kitchen, Juliet balcony and allocated parking, this apartment is sure to appeal to a wide range of purchasers.
An internal viewing is strongly recommended to fully appreciate the accommodation on offer.
The property is accessed via a secure communal entrance, with the apartment itself opening into a welcoming entrance hall providing access to all principal rooms.
The generous master bedroom offers a comfortable and well-proportioned space, complemented by a modern three-piece family bathroom suite.
The spacious open-plan lounge/kitchen provides an ideal setting for both relaxing and entertaining.
The kitchen is fitted with a modern range of wall and base units, alongside an integrated fridge freezer, electric hob, extractor and brand-new washing machine.
The Juliet balcony is an attractive feature of the living area, offering views over the surrounding area while allowing natural light to enhance the space.
Externally, the property benefits from an allocated parking space, adding further convenience for the owner.
Combining modern presentation, practical accommodation and a sought-after Thorpe St Andrew location, this appealing apartment would make an excellent first home or investment opportunity.
Contact Iconic Estate Agents today to arrange your viewing. Agents Notes: Ground Rent £150 pa. Service Charge for 2025 £627.43 with 985 years remaining on the lease
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
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FAQ
About 218a, Thorpe Road, Norwich
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