2-bedroom flat · NR5 0UF
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*no deposit option* Available at the start of December! Step into this stylish two-bedroom flat, perfectly positioned in the peaceful suburb Costessey, on the outskirts of Norwich.
Showcasing an open-plan kitchen, dining, and living area filled with natural light, the home offers an ideal space for both entertaining and everyday living.
Two spacious double bedrooms, one with a private en-suite, provide comfort and privacy, enhanced by built-in wardrobes.
Additional highlights include a welcoming entrance hall with storage, a sleek three-piece bathroom, allocated parking, and serene, well-maintained surroundings overlooking the green.
The Location Lord Nelson Drive is situated within the popular west Norwich suburb of Costessey, an area that continues to appeal to a broad range of buyers thanks to its blend of residential convenience, established amenities and excellent access to both the city and surrounding countryside.
With modern developments sitting alongside long-established neighbourhoods, Costessey has evolved into a well-served community with a strong local identity.
Day-to-day amenities are readily available, with residents benefiting from nearby supermarkets including Tesco Extra, Aldi, Lidl and Co-op stores, while the Longwater Retail Park provides a wide selection of national retailers, homeware outlets, cafés and dining options.
The area is also well placed for access to healthcare facilities, fitness centres, sports clubs and leisure amenities, including the recently developed sports and recreational facilities serving west Norwich.
Norwich city centre, with its extensive shopping, independent boutiques, restaurants, theatres and cultural attractions, lies only a short journey away.
Families have access to a choice of primary schools within Costessey and neighbouring communities, while secondary education is available at nearby Ormiston Victory Academy.
Further education opportunities can be found across Norwich, including City College Norwich and the University of East Anglia, one of the region’s leading higher education institutions, located just a short distance from the area.
Lord Nelson Drive enjoys convenient access to the A47, providing links across Norfolk and onward connections to the A11 towards Cambridge and London.
Norwich railway station offers regular services to London Liverpool Street, Cambridge and other regional destinations, while an extensive local bus network provides routes throughout the city and surrounding villages.
Norwich International Airport is also easily accessible for domestic and international travel.
Residents can enjoy walks along the nearby River Wensum, explore the open green spaces of the Yare Valley, or venture further into the Norfolk countryside and Broads National Park.
Popular destinations such as Taverham, Drayton and the market towns surrounding Norwich are easily reached, offering village pubs, farm shops and scenic walking routes.
Lord Nelson Drive, Norwich Upon entering, you are welcomed by a spacious entrance hall complete with built-in storage, ideal for keeping everyday essentials neatly tucked away.
The heart of the home is an inviting open-plan kitchen, dining, and living area, thoughtfully designed with contemporary cabinetry, an integrated oven, dishwasher, fridge/freezer, and a washing machine.
Large windows fill the living space with natural light, creating a bright and airy atmosphere perfect for both relaxation and entertaining.
The flat features two generously sized double bedrooms, each offering a blend of comfort and privacy, with built-in wardrobes providing ample storage.
One of the bedrooms enjoys the added benefit of a private en-suite shower room, while the main bathroom is fitted with a modern three-piece suite.
The property also includes one allocated parking space and is set within quiet, well-maintained surroundings that overlook a pleasant green.
EPC Rating: B Disclaimer Minors and Brady and their representatives are not authorised to give assurances about the property, either on their own behalf or that of the landlord.
We do not accept responsibility for any statements in these particulars, which do not form part of any offer or contract. All areas, measurements, and distances are approximate.
Information provided-including text, photos, and plans-is for general guidance only and may not fully represent the property.
It should not be assumed the property has all necessary planning permissions, building regulations, or other consents.
Services, appliances, equipment, furniture, and fixtures have not been tested by Minors and Brady.
Prospective tenants must carry out their own checks to confirm what is included in the tenancy and the condition of any items.
The advertised availability date is subject to references and contract and may depend on another occupant vacating the property on 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.
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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