2-bedroom flat · NR18 0JS
Listing removedListed 159 days
Opportunity summary
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About
Description Logie & Co are delighted to present this beautifully presented two-bedroom ground floor apartment, set within a highly regarded over-55s development that offers the perfect balance of independence, security and community living.
Positioned in a lovely spot within the development, this apartment enjoys a bright and welcoming feel throughout.
The spacious living area is enhanced by an elegant bay window, allowing plenty of natural light to flood in and creating a warm, airy atmosphere.
Double doors lead directly onto a good sized private terrace - a peaceful outdoor space ideal for enjoying a morning coffee, adding a few potted plants, or simply relaxing in the fresh air with some friends!
With two generously proportioned bedrooms, the apartment offers flexible living space, whether for visiting family and friends, a hobby room, or a comfortable home office setup.
Conveniently located in the heart of the town, the development sits beside the doctor's surgery and within easy reach of the rail station, making everyday amenities and travel easily accessible.
Designed with comfort and reassurance in mind, residents benefit from an on-site Manager and a 24-hour Careline service, providing peace of mind while maintaining an independent lifestyle.
The development itself has a genuinely welcoming feel, with excellent communal facilities including a residents' lounge, conservatory and library - perfect for socialising or simply enjoying a change of scenery.
An active social committee regularly organises optional events such as games evenings, fish & chip nights and seasonal gatherings, creating a friendly and sociable environment for those who wish to get involved.
Why This Apartment Stands Out Bright bay-fronted living room filled with natural light Two-bedroom accommodation offering flexible living space Double doors opening onto a private terrace Secure gated off-road parking Beautiful communal lounge, conservatory and library Well-maintained communal gardens On-site Manager and 24-hour Careline support Guest suite available for visiting family and friends (£25 single occupancy / £30 per couple, per night) This apartment offers far more than just a home - it offers a lifestyle centred around comfort, convenience and community, all while allowing you to enjoy your own independence and privacy.
If you're looking to downsize without compromise, this could be the perfect next step. Call today to arrange your viewing.
Agent Notes Planning: Details, if any, can be found on the South Norfolk & Broadland Council planning portal.
Covenants, Rights and Restrictions: Please enquire with the selling agents for further information. Broadband: Ultrafast broadband available. See Ofcom checker and Openreach website for more details.
Mobile Network: Please refer to the Ofcom checker for coverage information. Flood Risk: Very low risk from rivers, seas and surface water according to . Services: Mains electricity and water.
Sewerage via communal septic tank.
Local Authority: South Norfolk District Council Council Tax Band: C Tenure: Leasehold Lease Term: 125 years commencing on 13 October 2005 - approximately 104 years remaining Ground Rent: £410 per year Ground Rent Review Period: Every 25 years (next review due 2031) Service Charge for period 01/10/25 to 31/03/26 was £2506.49 EPC Rating: Commissioned for 21/05/2026 Additional Fees: A fee equivalent to 1% of the sale price is payable by the seller into the development's service charge fund upon completion.
Buyers are also responsible for the cost of the buyers pack and transfer administration fees (to be confirmed by solicitors).
Parking: Off-street parking Heating: Electric Water Supply: Mains Accessibility: Step-free access Please note: This apartment is exclusively available to residents aged 55 and over.
The communal septic tank is located within the car park and is managed by FirstPort on behalf of residents. Maintenance costs are included within the service charge.
Council Tax Band: C Tenure: Leasehold Ground Rent: £410 per year (reviewed every 25 years) Service Charge: £5,012.98 per year (reviewed every 1 years) Property is exclusively for the over 55's
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.
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About 1 Fairland Court, Wymondham
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