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See how verdicts work1-bedroom flat · NR7 0SJ
No longer listedReduced £10k (−5.3%) on 21 JunListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £190,000 - £200,000. An over 55s apartment. A light and airy one bedroom ground floor apartment situated in the popular Wherry Court development just East of Norwich City centre.
The property offers accommodation comprising a private hall entrance, double bedroom with a built-in wardrobes as well as beautiful views over the communal gardens.
There is a modern shower room, lounge/diner and fitted kitchen.
Location Wherry Court is a McCarthy Stone development, set back off the Yarmouth Road in the sought after location of Thorpe St Andrew offering good access to local amenities that include doctors, dentists, supermarket, pubs and restaurants.
There is also a bus stop directly outside the development giving good access in and out of Norwich City centre and plus you are closely located to River Green where you can enjoy the views of the River Yare and local wildlife.
Agents Note Service Charge Breakdown includes window cleaning, water rates, 24 hour emergency call system, house manager, upkeep of the gardens and grounds, repairs and maintenance to interior and exterior areas, buildings insurance.
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.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
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FAQ
About Apartment 3, Yarmouth Road, Norwich
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