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See how verdicts work1-bedroom flat · NR1 1HF
For saleReduced £2.5k (−2.6%) on 23 SepListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**50% shared ownership** Gilson Bailey are thrilled to present this exceptional, beautifully appointed two-bedroom seventh-floor apartment, perfectly positioned beside the river and moments from Norwich City Football Club stadium, offering an enviable blend of modern living and scenic surroundings just a short stroll from Norwich city centre.
Boasting a stylish open-plan kitchen and living space flooded with natural light, the property opens onto a private balcony with delightful river views-ideal for relaxing or entertaining.
The apartment further benefits from one bedroom, a sleek contemporary bathroom, secure intercom entry, and immaculate presentation throughout, complemented by double glazing and efficient electric heating.
Residents can also enjoy beautifully maintained communal gardens and direct access to picturesque riverside walks, making this a truly irresistible home and a superb opportunity for first-time buyers seeking both lifestyle and location.
Please note the 50% share reflects a full market price of £195,000 and there is a monthly fee payable of £417 per month which includes rent, service charge and ground rent.
Location Hathor is located close by to Norwich train station, the popular Riverside development offering a selection of restaurants, bars, cinema, gym, swimming pool and 10-pin bowling alley.
There is ease of access to the A47, Norwich ring road and the vibrant city centre itself. Accommodation Comprises Secure intercom entry with lift and stairs to seventh floor.
Front door to: Entrance Hall Doors to kitchen/living area, bedroom, bathroom and utility cupboard.
Kitchen/Living Area (6.47 x 3.87 (21'2" x 12'8")) Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, integrated fridge/freezer and dishwasher, radiator, door to balcony.
Bedroom (5.70 x 2.78 (18'8" x 9'1")) Double glazed window, radiator, built in wardrobe.
Bathroom (2.12 x 1.70 (6'11" x 5'6")) Panelled bath with shower over, low level WC, hand wash basin, extractor fan. Local Authority Norwich City Council, Tax Band B.
Tenure Leasehold – Term 990 years from and including 29 September 2022. Please note there is a monthly fee payable of £417 per month which includes rent, service charge and ground rent.
For further information, please contact the office. Utilities Ultrafast full fibre broadband available. Mains water and electric.
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
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FAQ
About 709 Hathor, Geoffrey Watling Way, Norwich
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