1-bedroom flat · NR1 3SG
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Alexander & Co is delighted to offer this wonderful one double bedroom apartment in a sought after development in the heart of Norwich City centre, a well presented apartment.
Inside the property is finished to a good standard throughout with modern fixtures and fittings.
On entering the property you are met with a hallway entrance which includes a good size storage cupboard, modern bathroom off to the left with three piece suite including shower over bath and utility/storage cupboard, off to the right a good size kitchen/living room with a modern fitted kitchen with integrated fridge, freezer, electric oven, hob and extractor hood over, good size living space that includes a sofa with large window overlooking the grounds of the development.
At the end of the hallway entrance, you will find the bedroom which is double in size and includes a built-in wardrobe with mirrored front.
Further benefits to the property include electric heating and allocated underground parking for one car.
City centre double bedroom well presented modern throughout underground parking EPC rating – C o Holding Deposit - £219 o Tenancy Deposit - £1096 o EPC rating - C o Council Tax Band – A The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments: A holding deposit (up to 1 week's rent) A tenancy deposit of 5 weeks' rent A payment of up to £50 inc VAT to alter the tenancy agreement, when requested by a tenant, or reasonable costs incurred if higher Interest at a rate of 3% above the Bank of England's base rate, for late payment of rent (which is more than 14 days overdue) A payment of £50 inc VAT for the replacement of a lost key or security device Payments associated with early termination of the tenancy when requested by the tenant Payments to service providers in respect of utilities, communication services, TV licence, and council tax Other payments, permitted under appropriate legislation, including damages.
The agent is a member of The Property Redress Scheme, which is a redress scheme, and Client Money Protect, which is a client money protection scheme.
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 St. Stephens Road, Norwich
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