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See how verdicts work3-bedroom flat · NR1 1TB
Listing removedReduced £30k (−12.5%) on 21 JunListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**spacious apartment with secure parking and no onward chain** Gilson Bailey are delighted to offer this well presented, three bedroom, second floor floor apartment located in the popular Riverside development within walking distance to the City Centre.
Accommodation comprising entrance hall, large lounge/diner with kitchen area, bathroom and three bedrooms with bedroom one having an en-suite shower room.
Outside there is a secure allocated parking space. The apartment benefits from double glazing, gas heating and is offered with no onward chain.
The property would suit a wide array of buyer so be quick to book a viewing to appreciate the size and location on offer.
Location Sidestrand is in the heart of the sought after Riverside development within a stone's throw of a good selection of restaurants, bars, shops to include supermarket, cinema and gym, within walking distance of Norwich railway station and the city centre itself.
Accommodation Comprises Secure intercom entry and stairs to second floor. Front door to: Entrance Hall Doors to lounge/diner, three bedrooms and bathroom.
Lounge/Kitchen/Diner (10.21 x 4.68 (33'5" x 15'4")) Fitted wall and base units with worktops over, sink and drainer, four ring electric hob with extractor over, fitted oven, integrated fridge/freezer, washing machine and dishwasher, Juliet balcony, three double glazed windows, two radiators.
Bedroom One (5.57 x 3.14 (18'3" x 10'3")) Double glazed window, radiator, built in wardrobe.
En-Suite (1.98 x 1.66 (6'5" x 5'5")) Shower cubicle, low level WC, hand wash basin, radiator, extractor fan. Bedroom Two (4.49 x 2.63 (14'8" x 8'7")) Double glazed window, radiator, built in wardrobe.
Bedroom Three (3.14 x 1.95 (10'3" x 6'4")) Double glazed window, radiator. Bathroom (2.55 x 1.65 (8'4" x 5'4")) Panelled bath with shower over, low level WC, hand wash basin, radiator, extractor fan.
Outside One secure allocated parking space. Leasehold Information Tenure – Leasehold – Term 125 years from 9 December 2003.
Please note ground rent is £125 every 6 months and service/maintenance charges are £2927.97 per annum. For further information, please contact the office.
Local Authority Norwich City Council - Tax Band D Utilities Fibre to the property. Mains gas, water and electric.
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.
Area
Agent & docs
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FAQ
About 9, Sidestrand, Wherry Road, Norwich
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