2-bedroom flat · NR5 8LR
Listing removedListed 82 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now, this well-presented and furnished two-bedroom ground floor apartment offers spacious, comfortable living and is ideal for students, professional sharers or a couple.
The property features two generous double bedrooms, both furnished with beds, wardrobes and essential furniture, along with a bright and comfortable communal living room providing plenty of space to relax.
The apartment is furnished throughout and benefits from a well-equipped kitchen with white goods, as well as access to a garden, perfect for enjoying some outdoor space.
On-road permit parking is available locally. For added convenience, an optional all-inclusive bills package is available for an additional cost, making monthly budgeting simple and straightforward.
PAYMENT TERMS: At the time of application/referencing a HOLDING DEPOSIT - 1 WEEK'S RENT will be required.
Please note that delays with your application or discrepancies with the information you supply may result in an unsuccessful application and your holding deposit being retained.
Before the tenancy starts a SECURITY DEPOSIT - 5 WEEK'S RENT will be required.
TENANT PROTECTION Habi Lettings Ltd is a member of the Propertymark Client Money Protection ( a client money protection scheme).
Also a member of The Property Ombudsman Ltd, part of the redress scheme.
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.
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.
Area
Agent & docs

FAQ
About Grasmere Close, Norwich, NR5
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