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See how verdicts work2-bedroom flat · NR1 3ER
For saleReduced £10k (−6.3%) on 10 OctListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £160,000 - £170,000. City living made easy with space, storage and everything on your doorstep.
This spacious ground floor apartment enjoys a highly convenient position within walking distance of Norwich city centre, making it an excellent choice for first-time buyers, professionals, downsizers and investors alike.
Offering its own private entrance, the property features a generous living/dining room, a modern fitted kitchen and two comfortable double bedrooms with built-in wardrobes.
Residents also benefit from access to communal gardens, a useful brick-built storage shed and permit parking availability, subject to the necessary arrangements.
Conveniently positioned just off Ber Street, the apartment places an excellent range of cafés, restaurants, shops and everyday amenities within easy reach, with the city centre only a short walk away.
The Location Situated just off Ber Street, this highly convenient city location places Norwich's vibrant centre within easy walking distance, making it ideal for those seeking a lifestyle where amenities, leisure facilities and transport connections are all close at hand.
Residents can enjoy an excellent selection of independent cafés, bars and restaurants nearby, including the ever-popular Ber Street Kitchen, while a wider variety of dining, nightlife and entertainment venues can be found throughout the city centre.
Norwich's historic lanes, theatres, cinemas and cultural attractions are all easily accessible on foot, making it easy to enjoy everything the city has to offer.
Shopping is another major advantage of the area, with Chantry Place, John Lewis and an extensive range of independent and national retailers all within easy reach.
Everyday essentials are equally well catered for, with supermarkets, convenience stores, healthcare facilities and other local services readily available nearby.
For football supporters, Carrow Road, home to Norwich City Football Club, is conveniently close by, while Norwich Railway Station is within walking distance and provides direct links to London, Cambridge and a range of other destinations.
The area also benefits from excellent road connections, with straightforward access to the A47, making journeys across Norfolk and beyond both quick and convenient.
Horns Lane, Norwich Situated within easy walking distance of Norwich city centre, this spacious ground floor apartment offers a fantastic opportunity for first-time buyers, professionals, downsizers and investors seeking well-proportioned accommodation in a highly convenient location.
Benefiting from its own private porch entrance, the property combines practicality with comfortable modern living, all while being close to an excellent range of amenities, transport links and leisure facilities.
Upon entering, a private porch provides a useful area for coats, shoes and everyday storage before leading into the main accommodation.
The generous living and dining room forms the heart of the home, offering ample space for both relaxing and entertaining.
Large windows allow plenty of natural light to flow through the room, creating a bright and welcoming atmosphere.
Positioned adjacent to the living space, the modern fitted kitchen is thoughtfully arranged to maximise both storage and workspace.
Well suited to everyday cooking, the kitchen complements the property's practical layout and provides everything required for modern living.
The apartment offers two well-proportioned double bedrooms, both benefiting from built-in wardrobes, providing excellent storage and helping to maximise floor space.
The bedrooms are served by a contemporary bathroom, creating comfortable accommodation that is equally suited to owner-occupiers and tenants alike.
Outside, residents can enjoy access to communal garden areas, offering a pleasant outdoor space to relax and unwind.
The property also benefits from a useful brick-built storage shed, providing valuable additional storage for bicycles, tools or seasonal items.
Parking permits may be available, subject to the relevant permissions and availability. Agent’s Note This property will be sold leasehold with 89 years remaining on the lease.
Ground rent: £10 paid annually. Maintenance: £250 paid annually.
EPC Rating: C Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
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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FAQ
About 31 Horns Lane, Norwich
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