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See how verdicts work2-bedroom flat · NR1 1BP
For saleListed 879 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Renovated retirement home!
An over 55's accommodation, this second-floor flat offers something quite different to most having undergone a full renovation throughout and benefiting from a range of modern appliances.
With no onward chain, two double bedrooms and open plan living, be quick to view! Renovated retirement home!
An over 55's accommodation, this second-floor flat offers something quite different to most having undergone a full renovation throughout and benefiting from a range of modern appliances.
With no onward chain, two double bedrooms and open plan living, be quick to view!
Conveniently positioned within the centre of Norwich and a stone's throw away from Norwich train station, this second-floor apartment comprises a large entrance hall, large open plan living accommodation which consists of your living/dining space and free flowing, newly fitted kitchen which offers a breakfast bar, induction hob and built-in appliances, two double bedrooms with built in storage space to master and modern fitted shower room.
Entrance Hall Kitchen/Diner/Living 18'8 x 14'7 (5.68m x 4.44m) Bedroom 17'4 x 9'3 (5.28m x 2.82m) Bedroom 11'8 x 8'7 (3.56m x 2.62m) Shower Room 6'8 x 5'5 (2.03m x 1.64m) The Riverway Court complex further offers an on-site manager, residents lounge, guest suite, communal facilities, lift access, emergency pull cords in each room and laundry room.
It benefits from residents parking and two car parks on site. The property is situated on the edge of the city centre.
Norwich City centre is close by with its vibrant business and arts community and also the regional shopping centre.
The prominent market stands in the centre of the city, nearly in the shadow of the castle, and nearby is the library which is in the Forum.
Norwich Cathedral is situated in The Close on the edge of the river and there is a wide variety of bars, restaurants and leisure pursuits available within the city and a number of schools in both the state and private sector.
Agent note: agent note: Tenure Leasehold - 125 years from 1st November 1997. Ground Rent: Approx £322.69 per annum Maintenance Service Charge - Approx £3,700 per annum Council Tax Band: C.
Norwich City Council Energy Performance Certificate: C important notice 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.
Any leasehold charges are provided by the seller and provision should be made to have your legal representative fact check this. 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.
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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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 48 Riverway Court, 4, Recorder Road, Norwich
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