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See how verdicts work2-bedroom flat · NR4 6BA
Sold STCListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £160,000 - £170,000 Priced to sell!!
This lovely two bedroom ground floor flat offers an ideal opportunity for First Time Buyers or those looking to downsize into a comfortable retirement property.
The well presented accommodation includes an entrance hall with useful storage, a generously sized lounge with a front facing aspect, a fitted kitchen, a shower room, and two spacious bedrooms.
Bedroom one is located to the front, while bedroom two overlooks the rear and features French doors that open directly onto the beautiful garden.
The property benefits from gas central heating and double glazing throughout, ensuring comfort and efficiency. Outside, the flat enjoys a generous front garden.
To the rear, the stunning private garden is a standout feature, offering a patio area that steps up to a well maintained lawn, all enclosed and enjoying a high degree of seclusion.
Additionally, there is a useful brick built cycle and storage shed. Offered with No Onward Chain, this attractive home is ready for its next chapter, and early viewing is strongly recommended.
Location Situated on Lakenham Road, just South of Norwich City centre, this property enjoys a convenient and well connected location ideal for all types of buyers.
The area benefits from a wide range of local amenities, including schooling for all ages, a nearby doctor`s surgery, and various retail outlets along Hall Road, such as supermarkets, B&Q, takeaways, cafes, and a local pub.
Excellent public transport links are available via nearby bus stops, providing easy access in and out of the City centre.
For those travelling by car, the property offers quick access to the Southern Bypass, making it ideal for reaching surrounding areas.
Alternatively, a walk into the City centre takes approximately 25 minutes, offering a pleasant and practical route for those who prefer to travel on foot.
what3words /// weedy.elaborate.jets 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 Lakenham Road, Norwich
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