1-bedroom house · NR1 1GS
To rentListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**riverside** one bedroom second floor apartment with stunning views and situated close to local shops, sports facilities, cinemas, bars & restaurants, the station and city centre beyond.
The accommodation comprises of a secure communal entrance, private entrance with storage, large living room/dining/modern kitchen area with glazed door to the balcony, double bedroom, bathroom, communal gardens .
Benefitting from UPVC windows. Tax Band B, EPC Rating B **Please note there is no parking available with this property** Entrance Hall: Doors to bedroom, bathroom, open plan Lounge/Kitchen/Diner.
Lounge/Kitchen/Diner - 6.48m ( 21'4'') x 3.87m ( 12'9''): UPVC windows, UPVC door to balcony, radiator, wall and base units, space for fridge freezer and cooker.
Bedroom - 5.72m ( 18'10'') x 2.78m ( 9'2''): UPVC window, built in wardrobe, radiator. Bathroom : Three-piece suite, Low level WC, hand wash basin, bath with shower over, heated towel rail.
Outside: Communal gardens and riverside walks. Parking: Please note: No parking is provided with the property.
Agent Note: The tenants are in residence so these details and photos are only an indication of the property and some remedial work may be in progress.
Agents Note: There may be Furniture/furnishings along with white goods in the property when viewing that are not included in the tenancy . Please contact the office for further details.
Agents Note: Due to high demands, there may be multiple viewings at the same time and cannot guarantee a solo viewing at any one time.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Richard Hawthorn House, Geoffrey Watling Way Norwich Norfolk
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