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See how verdicts work2-bedroom flat · NR18 0ER
Listing removedListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold with no onward chain Substantial and charming first-floor apartment in prime location for local amenities, schools, and transport links, and in close proximity to Wymondham town centre.
This apartment has been lovingly maintained by the current owner - with updates such as a recent kitchen refurb - keeping the property up-to-date and modern.
The rooms are bright, with all enjoying large windows, and have ample space for furniture and decor.
The partially open-plan living space with dual aspect windows, has space for a dining area, and flows nicely into the stylish kitchen, with built-in appliances and sleek design.
The two bedrooms are both large doubles, with fitted wardrobes, with the Master benefitting from the added bonus of an ensuite. The family bathroom is spacious and well-appointed.
This property benefits from having an allocated parking space and is in a small block with only two neighbours.
Years Remaining on Lease: 170 years (recently extended) Ground Rent: £250 p.a *as stated in original lease - potentially subject to change* Service Charge: £848 p.a *as stated in original lease - potentially subject to change*
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
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FAQ
About 21, Greenland Avenue, Norfolk
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