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See how verdicts work2-bedroom flat · NR1 1TS
For saleReduced £10k (−5.6%) on 23 JulListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**riverside apartment with river veiws and A sun terrace** Gilson Bailey are delighted to offer this spacious and well-appointed two-bedroom first-floor apartment, ideally situated within the highly sought-after Riverside development and just a short stroll from Norwich City Centre.
Offering generous accommodation throughout, this attractive home features secure intercom entry, a welcoming entrance hall, a bright and spacious lounge/diner, a well-equipped kitchen, a modern bathroom and two comfortable bedrooms.
The principal bedroom enjoys the added luxury of an en-suite shower room and direct access to a delightful sun terrace, providing the perfect spot to relax and unwind.
Outside, the property further benefits from an allocated parking space within a secure gated car park.
With double glazing, electric heating and the significant advantage of being offered with no onward chain, this fantastic apartment presents an excellent opportunity for first-time buyers, professionals or buy-to-let investors seeking a low-maintenance home in one of Norwich’s most convenient and desirable locations.
Early viewing is highly recommended.
Location East Bank is in the heart of the sought after Riverside development within a stone's throw of a good selection of restaurants, bars, shops to include supermarket, cinema and gym, within walking distance of Norwich railway station and the city centre itself.
Accommodation Comprises Secure intercom entry with stairs to first floor. Entrance Hall Doors to lounge/diner, two bedrooms, bathroom and cupboards.
Lounge/Diner (4.96 x 4.56 (16'3" x 14'11")) Double glazed window, Juliet balcony, electric heater.
Kitchen (2.95 x 1.46 (9'8" x 4'9")) Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, integrated fridge/freezer, washing machine and dishwasher.
Bedroom One (4.25 x 3.28 (13'11" x 10'9")) Double glazed window, doors to sun terrace, electric radiator, built in wardrobe. En-Suite Shower cubicle, low level WC, hand wash basin.
Bedroom Two (3.28 x 2.91 (10'9" x 9'6")) Double glazed window, electric radiator. Bathroom Panelled bath with shower over, low level WC, hand wash basin.
Outside One off road parking space via secure gated car park. Local Authority Norwich City Council, Tax Band C. Tenure Leasehold – Term 125 years from 23 June 2003.
Please note ground rent is £200 per annum and service/maintenance charge is £2414 per annum. For further information, please contact the office. Utilities Superfast fibre broadband available.
Mains water and electric.. Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
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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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 14 East Bank, Wherry Road, Norwich
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