2-bedroom flat · NR2 3DH
For saleListed 218 days
Opportunity summary
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About
BUY2LET INVETMENT - GOLDEN TRIANGLE -Modern two bedroom 2nd floor apartment located in the much sought after Golden Triangle area just off Earlham Road.
Located close to Norwich city centre, local shops and restaurants, the UEA, NNUH, Eaton Park and the A11. This lovely apartment benefits from an entrance hallway, GCH, and full UPVC double glazing.
The fully fitted kitchen has an electric oven, gas hob, fridge/freezer and washing machine. Leading off the lounge via patio doors is a fully enclosed balcony complete with patio furniture.
There are two double bedrooms off the hallway. On street parking and permits can be obtained through Norwich City Council.
Council Tax Band A through Norwich City Council The property is currently tenanted and bringing in a gross rental of £11,400pa PLEASE NOTE: Northwood confirm that these particulars are believed to be accurate but they are a brief summary issued for general guidance only and are not comprehensive.
These particulars and any text, measurements, dimensions or indicative plans made available are for general information only and do not form part of any offer or contract.
Prospective purchases should not rely on these particulars and must satisfy themselves on all aspects by inspection or otherwise.
Northwood, their employees and representatives are not authorised to make or give any representations, assurances or warranties for the property, whether within these particulars or otherwise, and no liability is accepted to the purchaser in this respect.
EPC rating: E. Tenure: Leasehold, Length of lease (remaining): 93 years 2 months,
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Heigham Grove, Norwich, NR2
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