2-bedroom flat · NR8 5FG
Sold STCListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within the ever-popular Queens Hills development in Costessey, this well-presented second-floor two-bedroom apartment offers generous proportions, excellent natural light, and a practical yet characterful layout.
Ideal for first-time buyers, investors, or those seeking low-maintenance living, the property combines modern comfort with a design that stands out from more conventional apartments.
Accessed via a secure communal entrance, the apartment opens into a welcoming hallway with useful storage.
The spacious open-plan living and dining area is bright and airy, with ample room for both seating and a dining table, making it perfect for everyday living and entertaining.
The adjoining kitchen is fitted with a range of modern units and integrated appliances, offering both style and functionality.
There are two well-proportioned bedrooms, including a generous principal bedroom with its own ensuite shower room for added privacy and convenience.
The second bedroom is ideal as a guest room, nursery, or home office. A separate modern bathroom serves the remainder of the property.
Further benefits include gas central heating, double glazing, allocated parking, and well-maintained communal areas.
Conveniently located for local amenities, transport links, and easy access to Norwich city centre, this apartment presents an excellent opportunity in a sought-after location.
Entrance Hall A welcoming hallway providing access to all rooms, complete with useful storage and a light, neutral finish.
Living / Dining Room The heart of the home is the impressive open-plan living and dining space.
With its distinctive shape and multiple windows, the room feels bright, airy, and surprisingly spacious, providing excellent flexibility for both relaxing and entertaining.
The adjoining kitchen is neatly fitted with a range of units and work surfaces, creating a functional cooking area that remains sociable and well connected to the main living space.
Kitchen Fitted with a range of wall and base units, work surfaces, and integrated cooking appliances, providing a practical and well-designed space.
Bedroom One A comfortable double bedroom enjoying good natural light and the added benefit of an ensuite shower room.
En-suite Comprising a shower, wash basin, and WC, offering convenience and modern functionality.
Bedroom Two A well-sized second bedroom, suitable for guests, a child's room, or home working.
Bathroom Fitted with a bath, wash basin, and WC, finished in a clean and contemporary style.
Externally, the property benefits from allocated parking and sits within a well-maintained residential setting.
Queens Hills continues to be a sought-after location, offering easy access to Norwich, the Norfolk & Norwich University Hospital, and the University of East Anglia, along with a range of nearby amenities.
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.
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