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See how verdicts work2-bedroom flat · NR18 0XP
For saleReduced £10k (−6.3%) on 6 OctListed 344 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First Floor Flat in Sought-After Location - Ideal for First-Time Buyers or those Downsizing Situated within a popular development in the highly sought-after Harts Farm area, this well-presented first-floor flat offers a perfect opportunity for first-time buyers or those looking to downsize.
The property is offered with no onward chain, making it a smooth and hassle-free move.
The flat features two spacious double bedrooms, a bright and airy lounge/dining room with pleasant views, and a nicely presented kitchen complete with built-in appliances, all of which are included in the sale.
The bathroom is equipped with a three-piece suite.
The flat benefits from a 125-year lease starting in April 2004, with a ground rent of £100 per annum (charged bi-annually at £50) and an annual service charge of approximately £2,000.
Enjoy outdoor space with a communal paved garden shared only with three other flats, perfect for relaxing on sunny days.
The property also comes with a dedicated parking space and two additional visitors’ spaces. The development features a communal entrance with intercom service, ensuring safety and security.
Located within walking distance of the town centre, local amenities, and the railway station, this flat offers convenient access to everything you need.
With its fantastic location, secure environment, and appealing features, this flat is a fantastic opportunity for buyers looking for a comfortable, low-maintenance home.
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 Flat 1, 3, Wood Avens Way, Norfolk
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