2-bedroom flat
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming first-floor apartment located on the desirable Magnolia Way in Costessey.
This delightful property features a spacious reception room that provides a warm and inviting atmosphere, perfect for both relaxation and entertaining guests.
The apartment boasts two well-proportioned bedrooms, offering ample space for comfortable living. Each bedroom is designed to maximise natural light, creating a bright and airy feel throughout.
The bathroom is conveniently situated, providing all the necessary amenities for your daily routine.
Another standout features of this property is the allocated parking space, ensuring that you have a secure and convenient place for your vehicle.
Situated in a pleasant neighbourhood, this apartment is ideal for those seeking a peaceful yet accessible location.
With local amenities and transport links nearby, you will find everything you need within easy reach.
This property presents an excellent opportunity for first-time buyers or those looking to downsize. Do not miss the chance to make this lovely apartment your new home.
Price Guide £120,000-£140,000 Entrance Hall With front entrance door and stairs to first floor. Landing With doors to all rooms and two storage cupboards.
Lounge And Kitchen Fitted with a range of wall, base and drawer units, with work surface over, space for fridge freezer, space for plumbing for washing machine, wall mounted gas boiler, built in electric oven, gas hob and extractor over, sink and drainer unit, radiator and windows to the front and rear aspects.
Bathroom Fitted with a three piece suite comprising of panelled bath, with shower over, low level WC, hand wash basin with pedestal, radiator, window to rear aspect, part tiled walls and tiled floor.
Bedroom 1 With radiator and window to the rear aspect. Bedroom 2 With radiator and window to the front aspect. Outside The property benefits from an allocated parking space.
Lease Information The property is leasehold and there is approximately 130 years remaining on the lease.
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 Magnolia Way, Norwich
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