2-bedroom flat · NR12 9DU
Listing removedListed 119 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gilson Bailey Lettings are delighted to offer this two bed first floor apartment situated in a cul-de-sac location within a short walk of the village centre, shops and schools.
The accommodation comprises of an entrance hall, large living room, kitchen area, master bedroom, second good sized bedroom, superb bathroom with shower over the bath, timber storage shed, double glazing, oil fired central heating, off road parking, Council Tax Band A.
Unfurnished Entrance Hall: Part glazed front door to entrance hall. Space and plumbing for washing machine, stairs to first floor.
Living Room - 4.80m ( 15'9'') x 4.00m ( 13'2''): Big front aspect window allows much natural light in. Storage recess, inset spot lighting, TV point, opens to kitchen.
Kitchen Area: Kitchen with ample storage and work surface. Appliances include electric hob & oven, cooker hood. Space for additional appliances. Inset spot lighting.
Bedroom 1 - 3.40m ( 11'2'') x 3.10m ( 10'3''): Double bedroom, rear aspect window, radiator. Bedroom 2 - 2.60m ( 8'7'') x 2.50m ( 8'3''): Second double bedroom, rear aspect window, radiator.
Main Bathroom: Suite comprising bath with thermostatic shower over, WC and wash basin. Heated towel rail, inset spot lights. Outside: Private timber shed ideal for bicycle storage.
Parking: Two off street driveway parking spaces. Further on street parking.
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.
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.
Area
Agent & docs
FAQ
About St Marys Road, Stalham Norfolk
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