1-bedroom flat · NR7 9LS
For saleListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Popular over 55's development! Sefftons are pleased to present this one bedroom ground floor flat in popular Laurel Court.
This property boasts a new kitchen alongside a range of amenities and services for the convenience of the residents.
The property The front door of the flat opens into the entrance hall, with a handy storage cupboard and doors opening to all rooms.
There is a spacious, bright living room perfect for relaxation, with sliding doors to a patio, in addition to a modern kitchen offering ample storage and counter space.
Completing the accommodation is a well sized, cosy bedroom making use of the three piece shower room.
Laurel Court is a lovely retirement development comprising of one and two bedroom flats and maisonettes within beautifully maintained grounds and gardens, situated off Armstrong Road in the sought-after location of Thorpe St Andrew.
Ideal for independent living, but each apartment benefits from pull cords for assisted living, there is a manager on-site Monday-Friday 9-5 and 24hr emergency response.
You also have the choice to enjoy socialising in the communal lounge or participating in the various organised activities and events.
There is also a dedicated laundry, a bike/scooter store, and a guest suite available to rent on a nightly basis.
Lease information The property is leasehold with a new 99-year lease issued on the purchase of the apartment All residents must be over 55 No Pets allowed An independent living assessment is undertaken prior to purchase by the scheme management Current service charge: £2928 per annum Anti-money laundering fee In order to comply with hmrc's regulations on Anti-Money Laundering (aml), Sefftons are legally required to conduct aml checks on every purchaser once a sale is agreed.
Sefftons use a government-approved identity verification service from Landmark in order to do this.
The cost of an anti-money laundering (aml) check is £50 + VAT (£60 inc VAT) per purchase, payable in advance after an offer has been accepted.
This check is compulsory in order to comply with hmrc regulations and is payable before a memorandum of sale can be issued. Please note that the fee is non-refundable.
Sefftons Sefftons confirm that these particulars are believed to be accurate, however they are a brief summary issued for general guidance only and are not comprehensive.
These particulars and any text, measurements, dimensions or indicative plans made available are for general information only and does not form part of any offer or contract.
Prospective purchases should not rely on these particulars and must satisfy themselves on all aspects by inspection or otherwise.
The employees and representatives of Sefftons are not authorised to make or give any representations, assurances or warranties for the property, whether within these particulars or otherwise, and no liability is accepted to the purchaser in this respect.
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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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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About 113 Laurel Court, Norwich
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