2-bedroom flat · NR1 1TB
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**river views and no onward chain** Gilson Bailey are delighted to offer this attractive and spacious, two bedroom second floor apartment, superbly positioned alongside the River Wensum on the edge of Norwich City Centre, enjoying lovely river views and offered with the significant advantage of no onward chain.
Providing comfortable and well-proportioned accommodation in a highly convenient location, the property is accessed via secure intercom entry and comprises a welcoming entrance hall, generous lounge, fitted kitchen, two good-sized bedrooms and a family bathroom, with bedroom one enjoying the added benefit of its own en-suite shower room.
Outside, the apartment benefits from the considerable advantage of one allocated off-road parking space, a particularly valuable feature for a property so close to the City Centre.
Further benefits include double glazing, gas heating and attractive views towards the River Wensum.
Combining two bedrooms, two bath/shower rooms, private parking and a desirable riverside setting within easy reach of Norwich City Centre, this appealing chain-free apartment would make a fantastic first-time purchase, so be quick to book a viewing.
Location Sidestrand is in the heart of the sought after Riverside development within a stone's throw of a good selection of restaurants, bars, shops to include supermarket, cinema and gym, within walking distance of Norwich railway station and the city centre itself.
Accommodation Comprises Secure intercom entry with stairs to second floor. Front door to: Entrance Hall Doors to lounge, two bedrooms, bathroom and two cupboards.
Lounge (4.14 x 3.25 (13'6" x 10'7")) Kitchen (2.92 x 1.87 (9'6" x 6'1")) Bedroom One (4.54 x 4.14 (14'10" x 13'6")) En-Suite (1.87 x 1.65 (6'1" x 5'4")) Bedroom Two (2.97 x 2.64 (9'8" x 8'7")) Bathroom (2.71 x 1.87 (8'10" x 6'1")) Outside One secure off road parking space.
Local Authority Norwich City Council, Tax Band C.
Tenure Leasehold Term: From 13 April 2004 to 31 December 2129 Service Charge: £197.85 per month Ground Rent: £200 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
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 25 Sidestrand, Wherry Road, Norwich
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