1-bedroom flat · NR1 1NS
For saleListed 251 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 fourth floor apartment provides an excellent opportunity for first-time buyers or investors alike.
Located in the heart of Norwich, just moments from the train station, the property forms part of Grosvenor House, a secure development with convenient city-centre living.
The apartment comprises an entrance hall, a generous double bedroom, a modern bathroom suite, and a stylish open-plan kitchen/living/dining accommodation!
Entrance Hall Bathroom 6'10 x 6'10 (2.09m x 2.08m) Bedroom 14'4 x 13'11 (4.36m x 4.23m) Kitchen/Diner/Living (6.65m x 3.78m) Grosvenor House is a modern and well-maintained development, perfectly positioned in the heart of Norwich city centre.
Residents benefit from secure entry and lift access, with the building ideally located just a short walk from Norwich train station, providing direct links to London Liverpool Street.
The vibrant Riverside complex, with its range of restaurants, bars, gym and cinema, is close by, while the historic city centre offers excellent shopping, dining and cultural attractions, including Norwich Cathedral and the Castle.
AGENTS NOTE Ground Rent - 01/04/2025 - 31/03/2026 - £148.50 Service Charges - 01/04/2025 - 31/03/2026 - £910.76 Insurance - 01/04/2025 - 31/03/2026 - £254.70 Lease Length TBC IMPORTANT NOTICES: Local Authority: Norwich City Council Council Tax Band: B Current EPC rating: TBC Property Construction: Standard Construction Services not on the mains: Gas Heating: Electric Broadband: Details of available speeds can be found on the Openreach website.
Mobile Signal: An indication of available service can be found via the Ofcom website.
Known Building Safety Issues: N/A Known Restrictions: N/A Known Public & Private Rights: N/A Flood & Coastal Erosion: The flood history of properties in England can be found at (Request link from agent), the long term flood risk for properties in England can be found at (Request link form agent).
The plan for tackling coastal erosion can be found at (Request link form agent).
Planning Permission: Whether a local planning permission will affect enjoyment of the property is a subjective decision.
You should satisfy yourself that local extensions, new buildings & developments will not affect your enjoyment of the property at the planning portal of the relevant local authority or via a planning search.
Please ask if you would like any help with this?
Accessibility: Hopefully you can see the accessibility from the phots and floorplan but if you still have any questions regarding accessibilities or adaptations, please contact us.
Mining: Britain has been actively mined since 2700BCE.
Limited information is known about prehistoric & historic mines but Norfolk is known to contain a number of historic mines, especially chalk mines.
No map exists of the location of these mines but limited information about the known mines can be found at (Request link from agent).
Property Ladder, their clients and any joint agents give notice that: 1.
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Property Ladder have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise. 3.
These published details should not be considered to be accurate and all information, including but not limited to lease details, boundary information and restrictive covenants have been provided by the sellers.
Property Ladder have not physically seen the lease nor the deeds.
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 Grosvenor House, Prince Of Wales Road, NR1
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