1-bedroom flat · NR1 1YR
Let agreedListed 32 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gilson Bailey are delighted to present this well presented one-bedroom first-floor apartment, ideally positioned within the highly sought-after Thorpe Park development, just a short walk from the City Centre.
Accessed via secure intercom entry, the accommodation offers a private entrance hall, impressive lounge filled with natural light, modern fitted kitchen, generous bedroom and a bathroom.
Externally, the property benefits from an allocated parking space and well-maintained communal gardens. With double glazing, gas central heating and presented in excellent condition throughout.
EPC rating B. Accommodation Comprises: Secure intercom entry with stairs to first floor. Front door to: Entrance Hall: Doors to lounge, kitchen, bathroom, bedroom and two cupboards.
Lounge - 4.69m ( 15'5'') x 3.09m ( 10'2''): Two uPVC double glazed windows, radiator.
Kitchen - 3.14m ( 10'4'') x 2.43m ( 8'0''): Range of wall and base units, single sink and drainer, fitted oven and hob with extractor, spaces for washing machine and fridge, wall-mounted gas boiler, radiator.
Bedroom - 3.32m ( 10'11'') x 3.14m ( 10'4''): UPVC double glazed window, radiator. Bathroom: Panelled bath with shower over, close coupled WC, hand wash basin, radiator.
Outside: There are communal well-kept mature gardens and one allocated parking space.
Agents Note: The tenants may still be in residence so these details and photos are only an indication of the property and there could be some requirement for remedial work before the start of a new tenancy.
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
FAQ
About Scott Road, Norwich
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