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See how verdicts work2-bedroom flat · NR11 6ET
For saleReduced £8k (−5.3%) on 25 OctListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*NO ONWARDS CHAIN* Ideally situated in the heart of the popular market town of Aylsham, this well presented first floor apartment offers spacious and bright accommodation with plenty of nearby parking options.
Description - Located just moments from the market place in Aylsham, this charming first floor apartment offers bright, well presented accommodation with impressive high ceilings throughout, enhancing the sense of space.
The property features an entrance hall providing access to the living room, kitchen, bathroom, and two generously sized bedrooms.
Although there is no allocated off road parking, a variety of nearby parking options are available.
The vibrant market place is only a short stroll away, offering excellent convenience and easy access to local amenities. Entrance Hall - Laminate flooring, built in cupboard, radiator.
Bathroom - Fitted with a three piece suite comprising bath with mixer tap and electric shower over, WC, pedestal wash hand basin, airing cupboard, vinyl flooring.
Ktichen - Window to rear aspect, fitted with a range of wall and base units with inset stainless steel sink and drainer, electric oven, washing machine, space for under counter fridge, vinyl flooring, radiator.
Living Room - Sash window to front aspect, laminate flooring, radiator. Bedroom One - Sash window to front aspect, carpet, radiator.
Bedroom Two - Double glazed window to rear aspect, carpet, large built in cupboard, radiator. Agents Notes - This property is Leasehold. Mains drainage, electricity, water and gas connected.
Council tax band: A.
Management Fee: £250 PA Ground Rent: £150 Years remaining on lease: 106 Location - Aylsham is a charming and historic market town located approximately 12 miles north of Norwich, offering an excellent range of amenities and a strong sense of community.
The town centre provides a variety of independent shops, cafés, restaurants, supermarkets, healthcare facilities and a traditional twice weekly market.
Well regarded schools, including Aylsham High School and Bure Valley School, further enhance the town's appeal.
Surrounded by beautiful Norfolk countryside, Aylsham enjoys easy access to a wealth of outdoor and leisure opportunities.
The nearby Bure Valley Path and Railway provide scenic routes through the countryside, while the renowned Blickling Estate is just a short distance away, offering historic parkland and woodland walks.
The Norfolk Broads at Wroxham and the stunning North Norfolk coastline are both within easy reach.
The town is ideally positioned for commuters and those seeking a balance between rural living and modern convenience, with Norwich accessible in around 25 minutes by car and Norwich International Airport approximately 10 miles away.
Combining excellent amenities with a picturesque setting, Aylsham remains one of North Norfolk's most desirable places to live.
Value & comps
No previous sales on record.
Returns
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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 Penfold Street, Aylsham, Norwich
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