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See how verdicts work1-bedroom house · NR7 9LS
For saleListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**OVER 55'S APARTMENT** Gilson Bailey are delighted to offer this one-bedroom, first-floor apartment, exclusively for the over-55s, tucked away in the highly sought-after suburb of Thorpe St Andrew.
Offering a wonderful combination of comfort, security and independent living, the accommodation comprises a welcoming entrance hall, a bright and spacious lounge/diner, fitted kitchen, generous double bedroom and a shower room.
Externally, residents can enjoy beautifully maintained communal gardens, providing a peaceful setting to relax and unwind.
The development also benefits from excellent communal facilities, including a residents' lounge, laundry room and the reassurance of a full-time building manager, creating a friendly and supportive community.
Further features include double glazing and electric heating, making this an ideal opportunity for those seeking a low-maintenance home in one of Norwich's most desirable locations.
Location - Thorpe St Andrew is a highly sought after suburb offering amenities to include schooling for all ages, popular local pubs and restaurants by the iconic River Green, shops and supermarkets.
There is ease of access to the centre of Norwich, Broadland Business Park, A47 southern bypass, NDR and the Norfolk Broads. Accommodation Comprises - Secure intercom entry with stairs to first floor.
Front door to: Entrance Hall - Doors to lounge/diner, kitchen, bedroom and shower room.
Lounge/Diner - 5.16 x 2.99 (16'11" x 9'9") - Kitchen - 3.25 x 1.59 (10'7" x 5'2") - Bedroom - 3.24 x 3.02 (10'7" x 9'10") - Shower Room - 1.99 x 1.82 (6'6" x 5'11") - Outside - Well maintained communal gardens.
Local Authority - Broadland District Council, Tax Band A. Tenure - Leasehold - Term 99 years from 17 November 2023.
Please note ground rent and service/maintenance charges combined are £2748 per annum. For further information, please contact the office. Utilities - Fibre to the property. 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
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 Laurel Court, Thorpe St Andrew
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