2-bedroom flat · NR28 0AL
For saleListed 126 days
Opportunity summary
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About
Conveniently positioned within easy reach of North Walsham's historic market place and excellent local amenities, this ground floor flat offers spacious accommodation, private outdoor space and the increasingly rare advantage of its own independent entrance.
Perfectly suited to first-time buyers, downsizers and investors alike, the property provides the practicality of single-storey living whilst benefiting from features more commonly associated with a house than an apartment.
The accommodation begins with a private entrance hall, ensuring there are no shared internal access areas.
The hall itself provides useful storage via both a storage cupboard and separate airing cupboard.
The generous sitting and dining room forms the heart of the home and enjoys direct access to the rear garden, creating a pleasant connection between the indoor and outdoor spaces.
The fitted kitchen offers a practical layout with good storage and workspace. There are two bedrooms, together with a bathroom serving the accommodation.
Outside, one of the property's most appealing features is the enclosed rear garden, which is allocated to the flat and provides a private lawned space to enjoy.
Residents also benefit from access to a parking area located close by.
The property is heated via a combination of electric storage heaters and wall-mounted gas heaters and would benefit from some cosmetic updating, presenting an excellent opportunity for a buyer to personalise the accommodation to their own tastes.
Offered with no onward chain, this is a straightforward purchase opportunity in a highly convenient town-centre location.
LOCATION Nelson Way enjoys a convenient position within the popular market town of North Walsham, just a short distance from the town centre and its excellent range of amenities.
Shops, cafés, supermarkets, healthcare facilities and leisure amenities are all within easy reach, making day-to-day living particularly convenient.
North Walsham also benefits from a railway station providing services to Norwich and the North Norfolk coast, whilst excellent road links connect the town to the Broads, Norwich and the county's renowned coastline.
The combination of convenience, connectivity and local charm continues to make North Walsham a popular choice for buyers of all ages.
IMPORTANT INFORMATION Local Authority/Council Tax North Norfolk District Council Council Tax Band: A Tenure Leasehold Term 999 years from 1 January 1976 (951 years remaining) Ground Rent £0 Maintenance/Service Charge: £646.20 for year 1 Jun 2024 31 May 2025 Leasehold Properties Long residential leases often contain clauses which regulate the activities within individual properties for the benefit of all owners.
Such regulated activities often (but not always) include keeping pets, subletting and running a business from home.
If you have any specific questions about the lease of this property please ask a member of staff. EPC Rating The Energy Rating for this property is TO BE CONFIRMED
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 Nelson Way, North Walsham, Norfolk
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