1-bedroom flat · NR1 2BU
To rentListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**riverside ground floor apartment walking distance of the city centre** Offered with no onward chain, Gilson Bailey are delighted to offer this bespoke, One Bedroom, ground floor apartment situated in an exclusive riverside development within walking distance to the city centre and Norwich train station and uniquely enjoys an enclosed private garden.
Accommodation comprising impressive secure intercom entry entrance, private entrance hall, Bedroom, impressive open plan Lounge/Kitchen/Diner and Bathroom suite.
The apartment benefits from an allocated parking space and is presented in excellent order throughout with features to include large sash style windows giving excellent natural light and radiator central heating.
Early internal viewing is highly recommended. EPC rating C. Council tax band B. Front door to:- Entrance Hall: Storage cupboard, airing cupboard, doors to the living area, double bedroom and bathroom.
Living Area - 4.98m ( 16'5'') x 3.99m ( 13'2''): Two double glazed sash windows to the side overlooking communal gardens, opening to:- Kitchen - 2.84m ( 9'4'') x 1.65m ( 5'5''): Fitted with a range of base and wall units, granite work surfaces, inset four ring ceramic hob with extractor hood over, electric oven and grill, integrated fridge/freezer, washer/ dryer plus slimline integrated dishwasher, stainless steel sink and drainer with mixer taps over.
Double Bedroom - 3.86m ( 12'8'') x 3.45m ( 11'4''): Double glazed sash window to the side overlooking the communal gardens, two sets of built-in wardrobes.
Bathroom: Bath with shower over and glazed shower screen, wash basin, low level WC, tiled splashbacks, tiled flooring, extractor fan, heated towel radiator.
Outside: There are some communal grounds which are mainly lawned with shrub and flower borders. There is one allocated parking space behind the secure gated entrance.
Agents Note: The tenants may still be in residence so these details and photos are only an indication of the property and there could be some requirement for remedial work before the start of a new tenancy.
Agents Note: There may be Furniture/furnishings along with white goods in the property when viewing that are not included in the tenancy . Please contact the office for further details.
Agents Note: Due to high demands, there may be multiple viewings at the same time and cannot guarantee a solo viewing at any one time. Agents Note : There are Some pets may not be allowed.
Due to leasehold restrictions ? Please enquire with the office
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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