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See how verdicts work1-bedroom flat · NR8 6XR
For saleReduced £5k (−3.8%) on 9 OctListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £140,000 - £150,000** Situated on the edge of the ever-popular Thorpe Marriott, Taverham, this attractive first-floor apartment is offered to the market with no onward chain, making it an ideal purchase for first-time buyers, investors, or those looking to downsize.
Beautifully presented throughout, the property has recently been refreshed with newly fitted carpets and freshly decorated walls, creating a bright and welcoming feel from the moment you step inside.
The accommodation is accessed via a spacious entrance hallway, complete with two useful storage cupboards and doors leading to all principal rooms.
The generously proportioned sitting room enjoys two windows to the front aspect, allowing for plenty of natural light and providing a comfortable space for both relaxing and entertaining.
The kitchen measures in excess of 13 feet and is fitted with a range of wall and base units with worktops over, offering excellent storage and preparation space.
There is an integral electric oven with hob, a fridge/freezer, and further ample space for additional appliances.
The apartment also benefits from a well-sized single bedroom, ideal as a guest room, home office, or nursery, along with a family bathroom fitted with a modern white three-piece suite.
Externally, the property enjoys the added advantage of two allocated parking spaces, a rare and highly desirable feature for apartments of this type.
With its convenient location, well-presented interior, and chain-free status, this is a superb opportunity not to be missed. Early viewing is highly recommended.
Agents Notes: 953 years remain on lease: Peppercorn Rent
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
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FAQ
About 65, Freeland Close, Norwich
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