1-bedroom flat · NR2 4DD
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*No Deposit Option* Leaders Lettings of Norwich present this one bedroom flat in the desirable NR2 area. Featuring recently rennovatedf bathroom & kitchen. EPC Rating: C.
Council Tax Band: A Delightful one-bedroom flat is now available to let. Unfurnished and in great condition.
The flat offers a comfortable living space with one reception room, ideal for relaxation and entertaining.
The kitchen is fitted with appliances and fixtures, providing a contemporary and practical space for cooking and dining.
The generously-sized bedroom promises a peaceful retreat, while the newly fitted bathroom will offer a modern and clean suite.
Located in the desirable NR2 postcode area, this property is in a prime location. In summary, this is an excellent opportunity to rent a refreshed and modernised one-bedroom flat.
Room measurements maybe available upon request. Information regarding broadband options and phone signal can be obtained from the Ofcom broadband and mobile coverage checker.
Rent excludes the tenancy deposit and any other permitted payments. Deposit payable is £1067.31 A holding deposit of £213.46 is required to reserve the property based on the advertised rent.
Please contact the branch for further information or visit our website.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 advisors 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
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FAQ
About Waterworks Road, Waterworks Road
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