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See how verdicts work2-bedroom house · NR1 2GG
No longer listedListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within the ever sought after Paper Mill Yard development, this impressive two-bedroom apartment offers a fantastic opportunity to enjoy riverside living in the heart of Norwich city centre.
Combining contemporary design with a characterful setting rich in local history, this stylish home is ideal for those seeking a lifestyle centred around convenience, modern living and everything city life has to offer.
From the moment you arrive, the development itself immediately stands out from the crowd.
Set alongside the river and surrounded by a blend of converted period buildings and striking modern architecture, Paper Mill Yard has become one of Norwich’s most desirable apartment developments.
This particular apartment is situated within Blue Mill Yard, a distinctive part of the development which enjoys an enviable riverside position and a unique connection to Norwich’s industrial heritage.
The location places you within walking distance of Norwich Train Station, Riverside Retail Park, the city centre and an abundance of bars, restaurants and scenic riverside walks.
The apartment itself has been well maintained throughout and is ready to move straight into.
The welcoming entrance hall immediately creates a sense of space and provides access to all rooms whilst useful built-in storage adds practicality often missing from apartment living.
The accommodation offers two generous double bedrooms, both beautifully proportioned and filled with natural light.
Bedroom one measures over 20ft in length, creating an impressive principal bedroom space with ample room for wardrobes and furnishings, whilst the second bedroom offers excellent versatility and could equally serve as a guest room, home office or additional living space depending on individual requirements.
The real heart of this home is the sizeable open plan living area.
Stretching over 22ft in length and designed with modern lifestyles in mind, this sociable room seamlessly combines lounge, dining and kitchen areas to create a versatile environment perfect for both relaxing and entertaining.
Large windows allow natural light to flood the space whilst creating a bright and airy feel throughout.
The kitchen itself blends effortlessly into the living space and offers a modern range of units with ample storage and workspace.
Whether enjoying a quiet evening at home or entertaining friends before heading into the city, this thoughtfully designed area caters perfectly for day-to-day living.
Properties within Paper Mill Yard continue to prove exceptionally popular thanks to their unrivalled city location and unique riverside setting.
Combining character, convenience and spacious accommodation, this Blue Mill Yard apartment is sure to attract strong interest and early viewing is highly recommended.
Tenure - Leasehold Council Tax Band - B Local Authority - Norwich City Council We have been advised that the property is connected to mains water, electricity and gas.
Winkworth wishes to inform prospective buyers and tenants that these particulars are a guide and act as information only.
All our details are given in good faith and believed to be correct at the time of printing but they don’t form part of an offer or contract.
No Winkworth employee has authority to make or give any representation or warranty in relation to this property.
All fixtures and fittings, whether fitted or not are deemed removable by the vendor unless stated otherwise and room sizes are measured between internal wall surfaces, including furnishings.
The services, systems and appliances have not been tested, and no guarantee as to their operability or efficiency can be given.
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 Paper Mill Yard, Norwich, Norfolk, NR1
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