2-bedroom flat · NR1 2NY
For saleReduced £10k (−5.9%) on 10 SepListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***ideal first time home*** Abbotts are delighted to offer for sale this spacious ground floor apartment, tucked away in a popular residential setting on the southern side of Norwich.
Combining generous living space with features seldom found in similar properties, this home presents an excellent opportunity for a wide range of buyers.
Internally, the accommodation is well laid out and includes a bright and airy sitting room, a recently fitted kitchen, two bedrooms, and a stylish modern shower room.
The property is further enhanced by gas-fired central heating and double-glazed windows throughout, ensuring comfort and efficiency all year round. Outside is where this home truly stands apart.
The property enjoys the rare advantage of a private enclosed rear garden, offering a fantastic outdoor retreat with plenty of scope for relaxing, entertaining, or cultivating a garden of your own.
To the front, a substantial parking area provides space for several vehicles, a feature not often associated with apartment living.
A brick-built storage shed adds valuable secure storage, while planning permission has also been granted to create direct access from the second bedroom into the garden.
Conveniently located for local shops, schools, public transport links and Norwich city centre, the property offers the perfect balance of accessibility and residential tranquillity.
Available with no onward chain, this unique home is ready for its next owner to move straight in and enjoy. Early viewing is strongly advised to fully appreciate everything on offer.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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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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 139, Theobald Road, Norfolk
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