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See how verdicts work2-bedroom flat · NR1 2JF
For saleReduced £10k (−6.3%) on 9 SepListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This apartment offers generously proportioned rooms and modern comforts.
The open-plan sitting/dining room creates a bright and airy atmosphere, perfect for entertaining, while the modern kitchen provides a functional space for cooking.
Two double bedrooms ensure plenty of space for relaxation, and the balcony terrace offers a private outdoor area.
The apartment benefits from a contemporary bathroom and separate WC, and is located within a development with communal gardens. On-road permit parking adds convenience for residents and visitors.
The Location Netherwood Green is situated within a popular residential area to the southeast of Norwich city centre, offering a convenient position that combines easy access to local amenities with a pleasant community setting.
The area is well regarded for its accessibility and range of nearby facilities, making it an appealing choice for a variety of buyers.
Residents benefit from a selection of local shops, supermarkets, schools and healthcare facilities within easy reach, ensuring day-to-day essentials are close at hand.
Regular bus services provide convenient connections into Norwich city centre, making the location particularly suitable for commuters and those wishing to take advantage of the city's extensive shopping, dining and leisure facilities.
The property is also well placed for those working at the Norfolk and Norwich University Hospital, while the University of East Anglia is easily accessible by both car and public transport.
Norwich Train Station and the A47 are within convenient reach, providing links to destinations across Norfolk and beyond.
In addition to its practical advantages, the area offers access to nearby green spaces, walking routes and recreational facilities, providing opportunities to enjoy the outdoors.
Combining convenience, connectivity and a strong sense of community, Netherwood Green is a desirable location for professionals, first-time buyers and families alike.
Netherwood Green, Norwich Upon entering the property, you are welcomed into an open-plan sitting and dining room, creating a practical and sociable living space with plenty of natural light.
The kitchen is fitted with a range of units and benefits from integrated appliances, wooden work surfaces and a tiled splashback.
A balcony terrace provides useful outdoor space and a pleasant spot to sit and relax. Both bedrooms are comfortable doubles, offering good proportions and flexibility for a range of buyers.
The accommodation is completed by a bathroom and a separate WC, adding convenience for day-to-day living.
The property has been updated by the current owners and is well presented throughout, allowing buyers to move straight in and make it their own.
Outside, residents can enjoy access to communal gardens, while on-road permit parking is available nearby.
The property has been well maintained by the current owners and would make an ideal first-time purchase, investment or low-maintenance home.
Agent’s Note This property is held on a leasehold basis with approximately 85 years remaining on the lease. The property is connected to mains water, electricity, gas and drainage. Council Tax Band B.
The current ground rent is approximately £10 per annum, and the annual maintenance charge is approximately £400. These figures have been provided by the vendor and are subject to change.
On-road permit parking may be available, subject to local authority regulations, availability and eligibility criteria.
Prospective purchasers are advised to make their own enquiries with the relevant local authority to confirm permit availability, costs and any associated restrictions before proceeding.
EPC Rating: C Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
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
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.
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FAQ
About 23 Netherwood Green, Norwich
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