2-bedroom flat · NR1 1NS
For saleReduced £10k (−5.9%) on 26 JulListed 186 days
Opportunity summary
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About
Situated in a highly convenient NR1 location, this well presented two bedroom apartment offers modern living within easy reach of Norwich city centre, the train station and a wide range of amenities.
Positioned within a secure development and benefitting from an undercover parking space, the property is well suited to first time buyers or investors looking for a low maintenance home in a central setting.
The layout has been designed to maximise space and light, creating a comfortable and practical environment for everyday living.
Location Located in the vibrant heart of Norwich, this apartment offers an ideal blend of urban convenience and cultural richness.
This prime location places you just a short stroll away from the city centre, with its array of shops, restaurants, and cafes, as well as the serene beauty of the River Wensum.
The historic Norwich Cathedral and the renowned Norwich Castle are within easy reach, providing a perfect backdrop for leisurely weekends and cultural exploration.
Excellent transport links, including the nearby Norwich Train Station, ensure effortless connectivity to London and other major cities, making it a perfect spot for both professionals and leisure seekers.
With its modern amenities and prime location, Grosvenor House stands as a beacon of contemporary living in one of Norwich's most sought-after areas.
Grosvenor House The apartment is entered via a communal entrance with secure access, leading through to a private hallway.
From here, the space opens into a well proportioned open plan kitchen and living area, forming the main hub of the home.
This space is arranged to accommodate both seating and dining, while the kitchen is fitted with a range of modern units, providing ample storage and worktop space along with room for appliances.
Two bedrooms are positioned off the hallway, both offering good proportions and flexibility depending on individual needs, whether as sleeping accommodation, a home office or additional living space.
These are served by a modern bathroom, fitted with a clean and contemporary suite. Externally, the property benefits from an undercover allocated parking space, adding to the overall convenience.
The central location ensures excellent access to shops, restaurants, transport links and other everyday essentials, making this a well positioned and practical home.
Agents Notes Leasehold with 239 years left on the lease. Connected to mains water, electricity, and drainage. Ground rent - £97.48/6 months.
Maintenance charge - £651.41/6 months Tax Council Band - B EPC Rating: E Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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.
Area
Agent & docs
FAQ
About 22 Grosvenor House 112-114 Prince Of Wales Road, Norwich
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