2-bedroom flat · NR8 5GX
Listing removedListed 97 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the popular Queens Hills development, this well-presented top floor apartment offers modern, low-maintenance living with two double bedrooms, two bathrooms, allocated parking and a bright open-plan living space.
Built in 2019 and benefitting from the remainder of a 999-year lease, the property would make an excellent first-time purchase, investment opportunity or lock-up-and-leave home. Stepping Inside...
Accessed via a secure communal entrance with intercom system, the apartment occupies an enviable top floor position, offering both privacy and elevated views.
The welcoming entrance hall provides useful storage and leads through to all accommodation. The heart of the home is the impressive open-plan sitting, dining and kitchen area.
Flooded with natural light from a Juliet balcony and additional windows, this versatile space offers ample room for both relaxing and entertaining.
The kitchen is fitted with a range of contemporary units and integrated appliances, creating a practical yet stylish environment for everyday living.
The principal bedroom is a generous double and benefits from built-in wardrobes together with a modern en-suite shower room.
A second double bedroom provides excellent flexibility for guests, a home office or sharers, whilst the separate family bathroom is fitted with a contemporary three-piece suite.
Outside The property enjoys allocated off-road parking together with visitor parking nearby.
Well-maintained communal areas surround the building, providing an attractive setting whilst requiring minimal upkeep from residents.
Location Queens Hills continues to be a highly sought-after residential location on the western edge of Norwich, offering excellent access to the A47, Norfolk & Norwich University Hospital, the University of East Anglia and Longwater Retail Park.
Local amenities, schools and regular public transport links are all close at hand, making this an ideal base for commuters and professionals alike agents note.
In accordance with Section 21 of the Estate Agents Act 1979, the seller of this property is related to an employee of The Agency UK.
Prospective purchasers should be aware of this relationship before entering into negotiations
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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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
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FAQ
About 37, Falcon Crescent, Norwich
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