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See how verdicts work2-bedroom flat · NR18 9BB
Listing removedListed 333 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £160,000 to £180,000 No Onward Chain | Two Double Bedrooms | Spacious Second Floor Flat with Field Views This delightful second-floor flat offers a perfect opportunity for first-time buyers, investors, or those looking to downsize.
Located just a short walk from the town centre, bus stop, and railway station, it boasts both convenience and charm.
The flat features a bright and spacious interior with two double bedrooms, including a master with an ensuite. A well-designed main bathroom serves the second bedroom and guests.
The property is in excellent condition and benefits from a Juliet balcony at both the front and rear, offering scenic views of the surrounding fields.
A secure entrance with buzzer entry ensures privacy and peace of mind.
With an economical leasehold charge of just £407.62 per year, which includes ground rent, this home provides an affordable and manageable cost of living.
Storage is generous throughout, and the kitchen is well-equipped with some built-in appliances that are included within the sale.
The flat also benefits from ample storage space and a thoughtfully designed layout, making it both functional and stylish.
This property truly represents an amazing opportunity – whether you're stepping onto the property ladder, seeking an investment, or looking for a low-maintenance home in a great location.
Parking Space, visitors parking and bike shed along with communal gardens Leasehold terms:- 999 year Lease from 1st July 2004 Spooners Rise (Wymondham) Management Company Ltd
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.
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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 Abbey Road, WYMONDHAM, Norfolk, NR18
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