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See how verdicts work2-bedroom flat · NR2 4LW
For saleReduced £10k (−6.3%) on 13 OctListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
River views! A beautifully presented two-bedroom second-floor apartment in popular NR2, offering river views from both bedrooms, two allocated parking spaces and a very long lease.
Quietly positioned yet close to the city centre, parkland and river, the property is offered vacant with no onward chain.
A beautifully presented two-bedroom second-floor apartment, ideally positioned within a leafy cul-de-sac in the sought-after NR2 area, offered with the significant advantage of no onward chain.
The property is particularly appealing for its combination of a peaceful setting and excellent access to Norwich city centre, nearby parkland and the River Wensum.
Both bedrooms enjoy lovely views towards the river, while the property also benefits from two allocated parking spaces - a particularly valuable and rare feature for the area.
The accommodation comprises a welcoming entrance hall with useful airing cupboard, leading into a bright and airy living room.
The living room flows through to a modern kitchen, fitted with a combination of fitted and freestanding appliances, all of which are included in the sale.
There are two well-proportioned bedrooms, with the principal double bedroom featuring a characterful box bay window and views towards the river.
The second bedroom is a good-sized single and also enjoys the same pleasant outlook. The bathroom is original but clean, tidy and well maintained.
Further benefits include electric wall-mounted heating, modern uPVC double glazing and a very long lease.
Outside, the property enjoys communal grounds together with two allocated parking spaces and a communal bike store.
With its clean and tidy presentation, attractive river views, excellent parking provision and vacant possession with no onward chain, this is a particularly appealing apartment for first-time buyers, investors or those looking for a conveniently located Norwich home.
Location Horsford Street is situated in the popular NR2 area of Norwich, offering a particularly attractive balance between a peaceful residential setting and easy access to the city centre.
The property is close to the River Wensum and surrounding parkland, providing excellent opportunities for walking and enjoying the outdoors.
Norwich city centre is within easy reach, with its extensive range of shops, restaurants, cafés, bars and cultural attractions.
The area is also well placed for access to the city's wider road network and excellent range of amenities, making this a highly convenient location for city living.
Important information Local Authority - Norwich City Council, Tax Band A. Tenure - Leasehold Term 999 years from 01 January 1980.
Service Charge: £1051.51 per annum Ground Rent: peppercorn Current EPC rating: 69c Property Construction: Standard Construction Heating: Electric Wall Heaters Broadband: Details of available speeds can be found on the Openreach website.
Mobile Signal: An indication of available service can be found via the Ofcom website.
Known Building Safety Issues: N/A Known Restrictions: N/A Known Public & Private Rights: N/A Flood & Coastal Erosion: The flood history of properties in England can be found at (Request link from agent), the long term flood risk for properties in England can be found at (Request link form agent).
The plan for tackling coastal erosion can be found at (Request link form agent).
Planning Permission: Whether a local planning permission will affect enjoyment of the property is a subjective decision.
You should satisfy yourself that local extensions, new buildings & developments will not affect your enjoyment of the property at the planning portal of the relevant local authority or via a planning search.
Please ask if you would like any help with this?
Accessibility: Hopefully you can see the accessibility from the phots and floorplan but if you still have any questions regarding accessibilities or adaptations, please contact us.
Mining: Britain has been actively mined since 2700BCE.
Limited information is known about prehistoric & historic mines but Norfolk is known to contain a number of historic mines, especially chalk mines.
No map exists of the location of these mines but limited information about the known mines can be found at (Request link from agent).
Property Ladder, their clients and any joint agents give notice that: 1.
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Property Ladder have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise. 3.
These published details should not be considered to be accurate and all information, including but not limited to lease details, boundary information and restrictive covenants have been provided by the sellers.
Property Ladder have not physically seen the lease nor the deeds. 4. We may use edited or staged photos to declutter and show the property in its best light.
A decision to purchase should not be made on the published photographs alone.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 23, Horsford Street, Norwich
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