1-bedroom flat · NR8 5GZ
Listing removedListed 106 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold In summary Welcome to this immaculate ground floor apartment, with allocated and visitor parking.
Step inside to a hall entrance, with an open plan living space featuring a generous 16' kitchen and sitting room, perfect for entertaining friends or simply unwinding after a busy day.
The integrated kitchen appliances streamline meal prep, making cooking a breeze.
The property also boasts a cosy double bedroom complete with a wardrobe for all your storage needs, and an immaculate family bathroom complete with feature tiling and a shower over the bath.
Situated within walking distance to amenities, everything you need is right at your doorstep!
Setting the scene The property is approached via a communal car park with allocated parking for one vehicle and visitor parking available.
A footpath takes you to the main entrance door whilst an adjacent cycle shed and bin store can be found.
Using the intercom entry system and entering the building, the apartment can be found on the ground floor to the left hand side.
The grand tour Once inside, a hall entrance can be found with doors leading to the main living space, bedroom and bathroom.
Fully open plan, the sitting/dining room and kitchen offer a range of wall and base level units in a high gloss finish, with an inset gas hob and built-in electric oven with an extractor fan above.
Integrated appliances include a fridge freezer and washing machine, whilst wood effect flooring runs throughout the room.
There is ample space for soft furnishings and a dining table, with a media panel providing power and a television point, along with a further built-in storage cupboard and window which provides plenty of natural light.
The adjacent double bedroom is finished with fitted carpet and a built-in wardrobe.
The family bathroom completes the property with contrasting tiled splash backs to two walls, with the white three piece suite including a mixer shower tap and glazed shower screen over the bath.
Find us Postcode : NR8 5GZ What3Words : ///loaders.bottled.monorail Virtual tour View our virtual tour for a full 360 degree of the interior of the property.
EPC Rating: B Location The development of Queens Hills is located on the fringes of Costessey.
Local schooling, shops and food outlets are located within walking distance, and a regular bus link into Norwich City centre is provided.
The nearby Longwater Retail Park offers a fantastic range of shops and supermarket, whilst the A47 leads to Norwich and the A11.
Disclaimer General Disclaimer: Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only.
All measurements are approximate are for general guidance purposes only
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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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FAQ
About Flat 4, Martyn Joyce House, Norwich
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