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See how verdicts work3-bedroom flat · NR4 6LQ
No longer listedReduced £10k (−6.3%) on 21 JunListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this well-presented and recently refurbished three-bedroom first-floor flat provides spacious and versatile accommodation within the popular NR4 area of Norwich.
Ideal for first-time buyers, investors or those looking for convenient access to the city, the property combines practical living space with an excellent location close to a wide range of amenities, transport links and educational facilities.
With generous room proportions, gas central heating and double glazing throughout, the flat offers an excellent opportunity for buyers seeking a property ready to move straight into, while also presenting strong rental potential for buy-to-let investors.
The adaptable layout also makes it well-suited to those working from home or buyers wanting additional guest or hobby space, further enhanced by pleasant outlooks over nearby parkland.
Location Situated to the south of Norwich within the popular NR4 area, Peterkin Road enjoys a convenient residential setting close to a wide range of amenities and transport links.
The area is well regarded for its access to the University of East Anglia, Norfolk and Norwich University Hospital, and the city centre, making it a practical location for day-to-day living.
Nearby Eaton and Cringleford provide supermarkets, cafés, schools, and additional local services, while regular public transport routes connect easily across the city.
There is also good access to the A11 and A47 for travel further afield, along with nearby green spaces and walking routes including Eaton Park and the River Yare trails.
The location offers a balance of city convenience and access to outdoor space within one of Norwich’s most established residential areas.
Peterkin Road Accessed via a private entrance with stairs rising to the first floor, the accommodation opens into a central hallway with useful built-in storage cupboards.
The lounge is a bright and comfortable reception space with ample room for both seating and dining furniture, creating a welcoming environment for relaxing or entertaining.
Positioned separately, the fitted kitchen is arranged with a range of wall and base units, work surfaces and integrated cooking appliances, along with space for further freestanding appliances.
The layout provides a practical and efficient space for day-to-day use while maintaining a bright and functional feel.
The property offers three bedrooms, all of which provide flexible accommodation for sleeping arrangements, guests or home working.
The principal bedroom benefits from fitted wardrobes, while the remaining bedrooms are well proportioned and served by the bathroom, fitted with a bath and shower over, hand wash basin, WC and heated towel rail.
Externally, residents have access to communal gardens and on-street parking nearby.
Combining space, convenience and investment potential, this flat presents a fantastic opportunity within a well-connected area of the city.
Agents Notes Some images used in this listing have been digitally staged to illustrate potential furnishing and layout options.
We recommend arranging a viewing to assess the space and features in person. This property does not have any entitlement to on-street parking permits. Leasehold with 85 years remaining.
Connected to all main services. Ground rent - £380 p/a. Maintenance charges - £385 p/a.
Council tax band - A 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.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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.
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FAQ
About 23 Peterkin Road, Norwich
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