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See how verdicts work1-bedroom flat · NR3 4EB
For saleReduced £10k (−12.5%) on 14 OctListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to secure a studio apartment with allocated parking in a convenient city-fringe location.
Ideal for first-time buyers and investors alike, the property offers bright and versatile accommodation designed to make the most of the available space.
A fitted kitchen and well-proportioned living area provide comfortable day-to-day living, while excellent transport links and local amenities are close at hand.
The apartment also benefits from an allocated parking space to the rear, adding valuable convenience.
The Location Situated to the north of Norwich, Sprowston Road offers a convenient and well-established residential setting, ideally positioned for easy access to both the city centre and a wide range of everyday amenities.
The area benefits from a strong local infrastructure, with supermarkets, independent shops, cafés and other essential services all within easy reach, making it highly practical for day-to-day living.
Families are particularly well catered for, with a selection of well-regarded primary and secondary schools nearby, while regular public transport services run along Sprowston Road, providing straightforward and reliable connections into Norwich city centre and surrounding areas.
For those who enjoy outdoor space, Mousehold Heath is just a short distance away, offering extensive walking trails, panoramic views across the city and a natural escape from urban life.
Catton Park also lies nearby, providing beautifully maintained parkland ideal for leisure, exercise and family activities.
Norwich itself is a vibrant and historic city, offering an excellent blend of retail, dining and cultural attractions, alongside well-regarded schools, healthcare facilities and a busy calendar of events.
The city also benefits from strong transport links, including direct rail services to London Liverpool Street, as well as easy access to the Northern Distributor Road, which connects to major routes across Norfolk.
Sprowston Road, Norwich Situated in a convenient location close to a range of local amenities and excellent transport links, this well-presented studio apartment offers an ideal opportunity for first-time buyers and investors alike.
Combining practicality with affordability, the property is perfectly positioned for easy access into the city centre and surrounding areas.
The accommodation provides a bright and versatile living space that can be arranged to suit individual needs, creating comfortable areas for relaxing, dining and sleeping.
A fitted kitchen offers functionality for everyday living, while the apartment's layout makes excellent use of the available space.
Further benefits include allocated parking to the rear, providing valuable convenience for residents and visitors alike.
The property's accessible location places shops, services and public transport links within easy reach, making it a practical choice for both owner-occupiers and tenants.
Agent’s Note Agent's Note This property is offered for sale leasehold with approximately 122 years remaining on the lease. Combined ground rent and maintenance charges of approximately £480 per annum.
Due to the size of the property, some mortgage lenders may be unwilling to lend, or may apply additional lending criteria.
Prospective purchasers are advised to make their own enquiries and seek independent financial advice prior to making an offer.
Cash buyers should also satisfy themselves as to the suitability of the property for their intended EPC Rating: E Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
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
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FAQ
About 481d Sprowston Road, Norwich
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