2-bedroom flat · NR4 7EF
For saleReduced £5k (−3%) on 20 OctListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**ground floor flat with front and rear gardens** Gilson Bailey are delighted to offer this spacious, two bedroom ground floor flat, conveniently situated to the west of Norwich and enjoying an attractive outlook over Eaton Park.
Offered with the significant advantage of no onward chain, the property provides well-proportioned accommodation comprising a welcoming entrance hall, comfortable lounge, fitted kitchen, bathroom and two good-sized bedrooms.
Outside is where the property particularly stands out, with a lawned front garden and a large, private lawned rear garden, providing a fantastic amount of outside space rarely associated with apartment living and ideal for relaxing, entertaining or enjoying the warmer months.
Further benefits include double glazing and gas heating.
Combining generous accommodation, excellent private outside space, pleasant park views and a chain-free sale, this appealing property would make a great first-time purchase or buy-to-let investment, so be quick to book a viewing.
Location North Park Avenue is close by to many local amenities including Eaton Park, golf course, schooling, popular local shops, supermarkets, pubs and restaurants with good access to and from the City Centre and ease of access to both the University of East Anglia and Norfolk and Norwich University Hospital.
There is also easy access to the Norwich Ring Road, A47 southern bypass with links to the A11 and A140 and Longwater Retail Park.
Accommodation Comprises Front door to: Entrance Hall Doors to lounge, kitchen, two bedrooms and bathroom. Lounge (4.19 x 3.29 (13'8" x 10'9")) Two double glazed windows, radiator.
Kitchen (2.55 x 2.19 (8'4" x 7'2")) Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, space for fridge and washing machine, double glazed window, boiler.
Bedroom One (3.83 x 3.30 (12'6" x 10'9")) Double glazed window, radiator, built in wardrobe. Bedroom Two (3.31x 3.09 (10'10"x 10'1")) Patio doors, radiator.
Bathroom (2.57 x 1.35 (8'5" x 4'5")) Panelled bath with shower over, low level WC, hand wash basin, heated towel rail, frosted double glazed window.
Outside Lawned front and rear gardens and a brick bullt storage shed. Local Authority Norwich City Council, Tax Band A.
Tenure Leasehold Term: 125 years from 17 July 1989 Service Charge: £235.50 per annum Ground Rent: £10 per annum Utilities Fibre to the property. Mains gas, water and electric.
Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
Value & comps
No previous sales on record.
Returns
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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 74, North Park Avenue, Norwich
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