2-bedroom flat · NR31 0JA
Sold STCReduced £5k (−5%) on 24 JulListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
abbotFox presents this well-proportioned two-bedroom apartment, ideally located within the popular Bridge Gate Court development in NR31.
Offering a fantastic opportunity for investors, this property is currently achieving a rental income of £825 pcm, providing an immediate and reliable return.
The accommodation comprises a bright and spacious lounge, a separate fitted kitchen, two comfortable bedrooms, and a well-appointed family bathroom.
The layout is both practical and appealing, making it highly attractive to tenants seeking convenient city living.
Positioned within easy reach of Norwich City Centre, local amenities, and excellent transport links, this property benefits from strong and consistent rental demand.
The development itself is well-maintained, further enhancing its appeal to both tenants and investors alike.
With a tenant already in situ and income being generated from day one, this is a ready-made investment opportunity not to be missed.
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 advisors 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.
Area
Agent & docs
FAQ
About 12, Bridge Gate Court, Mill Road, Great Yarmouth
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