1-bedroom flat · IP24 2FL
Listing removedListed 288 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the highly sought-after Kingsfleet development and crafted by renowned Hopkins Homes in 2020, this stylish first floor one-bedroom apartment combines contemporary living with practical comforts, including gas central heating.
Accessed via a secure intercom system, the home welcomes you with a bright and spacious hallway that sets the tone for its modern, thoughtfully designed interior.
The property opens onto a landing with a useful storage cupboard located to the right of the front door.
The entrance hall features attractive tile-effect LVT flooring, with a further handy storage cupboard to the left, providing excellent practical space.
To the right of the hallway is the bathroom, continuing the same LVT flooring and fitted with a hand wash basin, low-level WC with dual flush, and a bath with a shower over, including an additional showerhead attachment.
The bath is complemented by a tiled surround, extractor fan, and shaver point, creating a functional yet stylish space.
The hallway leads into a spacious open-plan kitchen and living room, designed for both cooking and relaxing.
The kitchen continues the LVT flooring and is well equipped with a one-and-a-half bowl stainless steel sink beneath a rear-facing window, an integrated electric oven, gas hob with extractor fan and tiled splashback, and space for a tall freestanding fridge freezer.
There is also plumbing for a washing machine and dishwasher, with the boiler neatly housed within the kitchen area.
The living room area is finished with carpet flooring and features elegant dado panelling, spot lighting, and an additional rear-facing window, creating a bright and inviting space for relaxing or entertaining.
The generously sized principal bedroom is located at the front of the apartment and benefits from carpet flooring, ample space for a king-size bed, and plenty of room for flexible furniture arrangements.
A front-facing window allows for an abundance of natural light, while a loft hatch provides additional storage, completing this comfortable and versatile home.
Externally, the property benefits from allocated parking to the front , adding convenience and peace of mind.
Overall, this attractive apartment blends modern finishes, practical storage solutions, and well-proportioned rooms, making it an ideal choice for first-time buyers, professionals, or investors seeking a stylish home in a sought-after location.
Agents Note The property is leasehold with a lease term expiring on 01/01/2144. As of 2021, the service charge was £876.40 per annum and the ground rent was £115 per annum.
We are currently awaiting confirmation from the leasehold management company as to whether these figures have increased.
Anti-Money Laundering Regulations We are obliged under the Government’s Money Laundering Regulations 2019, which require us to confirm the identity of all potential buyers who have had their offer accepted on a property.
To do so, we have partnered with Lifetime Legal, a third-party service provider who will reach out to you at an agreed-upon time.
They will require the full name(s), date(s) of birth and current address of all buyers - it would be useful for you to have your driving licence and passport ready when receiving this call.
Please note that there is a fee of £65 (inclusive of VAT) for this service, payable directly to Lifetime Legal.
Once the checks are complete, and our Condition of Sale Agreement has been signed, we will be able to issue a Memorandum of Sale to proceed with the transaction.
EPC Rating: B Kitchen/Living room 3.25m x 6.76m Principal bedroom 3.39m x 4.35m Parking - Allocated parking
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 Cole Court, Thetford, IP24
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