1-bedroom flat · NR3 3TN
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-Presented Ground Floor Studio For Sale in NR3!
Leaders are delighted to bring to the market this well-presented ground floor studio apartment, ideally situated just off Woodcock Road in NR3, within the popular Grove development.
Offering an excellent location just outside Norwich city centre, the property benefits from convenient access to public transport links and a wide range of local amenities, with Catton Park just a couple of minutes’ walk away.
This property would make an ideal purchase for first-time buyers or investors alike, offering attractive potential rental yields.
Accessed via the development entrance on Woodcock Road, the apartment is situated towards the end of the development, with a communal hallway leading to the ground-floor entrance.
Upon entering, you are welcomed by a practical entrance hallway, providing useful space for coats and shoes, with a separate WC positioned to the left.
Straight ahead is a modern, well-maintained galley kitchen overlooking the communal gardens, which leads through to a stylish, recently renovated shower room.
To the right of the apartment is the main living and sleeping area, an impressive 18ft in length.
This spacious room benefits from plenty of natural light, with a large window overlooking the communal gardens to the rear.
Externally, the apartment benefits from residents’ parking and access to well-maintained communal grounds, including a neatly kept lawned garden.
For more information or to book a viewing, please call.
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
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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.
Area
Agent & docs
FAQ
About 9, The Grove, Norwich
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