2-bedroom flat · NR1 1QQ
For saleReduced £10k (−7.7%) on 14 AugListed 339 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lower ground floor two bedroom apartment enjoys a pleasant outlook to the front and is offered with No Onward Chain.
Accessed via a communal entrance with secure intercom entry, the building provides both lift and staircase access to the floor below.
A private entrance hall welcomes you into the home and includes a useful double storage cupboard.
The property features two generous bedrooms, with the principal bedroom benefiting from a Juliet balcony and a built-in double wardrobe.
The well appointed bathroom includes a three piece suite with a shower over the bath.
An open plan living area leads seamlessly into the fitted kitchen, which includes an electric hob with extractor hood, fitted flooring and space for both a washing machine and a fridge/freezer.
With double glazing and electric heating throughout, this appealing City centre apartment represents an ideal First Time purchase or a smart investment opportunity.
Location Just minutes from the City centre and approximately five minutes from the rear entrance to the Riverside Leisure area where you will find various bars, restaurants, a cinema and shops.
Norwich offers the perfect blend of rich history and vibrant modern living. As a bustling provincial capital, Norwich boasts a wealth of top tier amenities.
Residents and visitors alike enjoy a diverse selection of theatres, cinemas, and cultural venues, complemented by an exceptional range of restaurants, lively bars, and cosy coffee shops.
Shopping enthusiasts will find themselves spoiled for choice, with Norwich offering some of the UK's finest retail experiences.
From two modern indoor malls to its famous daily market and a wide variety of independent and high street stores, there is something for everyone.
Steeped in history, the City is also home to numerous stunning historic buildings, adding charm and character at every corner.
For commuters, the nearby railway station provides excellent connections, including a sub two hour journey to London Liverpool Street, as well as access to an array of local destinations.
Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About 1, Morgan House, Norwich
Explore nearby