2-bedroom flat · NR3 4EP
Listing removedListed 253 days
Opportunity summary
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About
Guide Price: £150,000-£160,000. This bright and airy two-bedroom apartment in the popular NR3 postcode combines comfort, convenience, and light-filled living.
Situated in a quiet block, the home features a generous lounge, a modern kitchen with newly installed cabinet lighting, two double bedrooms, and a contemporary bathroom.
Recent upgrades include a new boiler and fusebox, while outside storage adds practical appeal.
Ideally located close to shops, restaurants, parks including Mousehold Heath, health centres, and excellent public transport links, the property offers easy access to the city centre in under 10 minutes, making it a perfect choice for first-time buyers or anyone seeking a stylish and ready-to-move-in home in a well-connected neighbourhood.
Location Black Horse Opening is situated in the NR3 area, just over a mile north of Norwich city centre, providing a convenient balance between urban access and residential calm.
The area benefits from a mix of local amenities, including small shops, cafés, and supermarkets, catering to everyday needs within walking distance.
Nature is close at hand, with Mousehold Heath just a short stroll away, offering extensive woodland and heathland paths for walking, cycling, and outdoor leisure.
For students and professionals, the University of East Anglia lies to the west, while the Norfolk & Norwich University Hospital is easily reachable, making the location ideal for both study and work.
Transport links are well-established, with regular bus services connecting NR3 to the city centre, UEA, and surrounding suburbs, while main roads provide straightforward access by car.
This location allows residents to enjoy a relaxed, community-focused lifestyle without sacrificing easy access to the cultural, educational, and medical hubs of Norwich.
Black Horse Opening Arriving at the apartment, a secure entry system leads into a welcoming entrance hall, providing convenient built-in storage for coats and shoes and direct access to the kitchen.
The bright and well-equipped kitchen is a cheerful space to cook and gather.
Featuring matching wall and base units, worktops, tiled splashbacks, a built-in oven with hob and extractor, space for appliances, and a window that lets in plenty of natural light.
Newly installed cabinet lights allow you to adjust the ambiance from crisp white to a warmer, homely glow. The generous lounge is a comfortable space to relax and unwind.
With dual windows filling the room with daylight, the area is perfect for entertaining or simply enjoying quiet evenings at home.
Both bedrooms are doubles, offering versatile spaces for sleeping, working, or hobbies.
The master bedroom includes a built-in cupboard for extra storage, while both rooms benefit from carpeted flooring and natural light.
The modern bathroom features a panelled bath with shower, stylish tiled walls, and practical storage solutions, combining contemporary design with comfort.
Agents note We understand that this property is leasehold, with 85 years left on the lease. Peppercorn ground rent. Maintenance fee - £350 quarterly.
Communal heating is included in the maintenance fee. Communal off-road parking.
EPC Rating: C Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with AML regulations, £52 is charged to each buyer which covers the cost of the digital ID check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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