1-bedroom flat · NR1 1JG
For saleReduced £25k (−18.5%) on 23 SepListed 377 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom first floor City apartment is tucked away in a prime location just off Prince of Wales Road, offering both convenience and potential.
Ideal for First Time Buyers or Investors seeking a buy to let opportunity, the property features a secure communal entrance with intercom system, leading to a private hallway with built-in storage.
The accommodation includes two generous bedrooms, a spacious lounge/diner, a fitted kitchen, and a bathroom.
Additional benefits include gas central heating, double glazing, and well maintained communal gardens, along with an allocated parking space in the residents car park.
While the apartment is in need of some updating and modernisation, it presents a fantastic opportunity for a small renovation project, allowing buyers to add value and personalise the space to their taste.
Location Situated in the sought after Stuart Gardens, just off Prince of Wales Road, this property enjoys a peaceful and tucked away setting while remaining incredibly convenient.
Within easy walking distance, you will find a vast selection of amenities including pubs, restaurants, cafes, and a supermarket perfect for day to day living and leisure, not forgetting the riverside leisure complex with its multiplex cinema, gym, swimming pool and more bars and restaurants.The historic cathedral grounds and scenic riverside walks are also nearby, offering tranquil outdoor spaces to explore.
For those needing to commute or travel further afield, the City's main train station is just a 10 minute walk away, making this location both practical and highly desirable.
What3words /// basis.tens.wrong Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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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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 1 Stuart Gardens, St Faiths Lane, Norwich
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