2-bedroom flat · NR1 2GD
Let agreedListed 54 days · slow let
Opportunity summary
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About
Alexander & Co are delighted to bring to our market an executive two double bedroom apartment, with balcony overlooking the River Yare. Secure allocated parking and in the vicinity of many amenities.
This home is well presented throughout and starts with a light, airy entrance hall which sets an example of how spacious this apartment is throughout.
Besides the bathrooms, this property is laid with quality laminate flooring throughout.
The living area is vast and attracts plenty of natural light through the large windows and balcony doors, whilst being neutrally decorated.
The kitchen is open to the living area and is a modern fitted one, with an abundance of wall and base units, as well as granite style worktops.
This kitchen area is laid with dark wood laminate flooring. Kitchen appliances include; dishwasher, washer dryer, fridge freezer, electric oven, hob, and extractor fan.
There are two double bedrooms with large double glazed windows overlooking the River Yare, both laid with laminate flooring with the master bedroom being a large double.
The main bathroom has stone effect tiled walls and flooring, holding a modern three piece suite including; hand wash basin, toilet, and shower over bath.
There is also a shower room in close proximity to the master bedroom, again tiled from walls to flooring with stone effect tiles, including hand wash basin, toilet, and shower cubicle.
Further benefits include; balcony, electric underfloor heating, and secure parking.
SPACIOUS MODERN APARTMENT TWO DOUBLE BEDROOMS TWO BATHROOMS BALCONY OVER THE RIVER INTEGRATED APPLIANCES SECURE PARKING EPC RATING – B Holding deposit - £1557 Damage deposit - £311 Council tax band - C EPC Rating - B The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments: A holding deposit (up to 1 week's rent) A tenancy deposit of 5 weeks' rent A payment of up to £50 inc VAT to alter the tenancy agreement, when requested by a tenant, or reasonable costs incurred if higher Interest at a rate of 3% above the Bank of England's base rate, for late payment of rent (which is more than 14 days overdue) A payment of £50 inc VAT for the replacement of a lost key or security device Payments associated with early termination of the tenancy when requested by the tenant Payments to service providers in respect of utilities, communication services, TV licence, and council tax Other payments, permitted under appropriate legislation, including damages.
The agent is a member of The Property Redress Scheme, which is a redress scheme, and Client Money Protect, which is a client money protection scheme.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Granary View, Paper Mill Yard, Norwich, Norfolk
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