We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · NR7 0SJ
Listing removedReduced £15k (−12%) on 21 JunListed 551 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In summary No chain. Built with independent living in mind this complex of flats are for those aged over 55 only.
The facilities include lift access to all floors, well manicured gardens for all to enjoy, laundry room and lounge plus regular planned activities for social inclusion all run by an on site manager with 24 hour emergency care on call.
The building is gated from the street for security and privacy with additional parking for visiting families coming on Yarmouth Road to the front with a guest suite which can also be reserved for overnight stays.
The flat is offered in an attractive decorative state with a large open plan sitting/dining room leading into the kitchen with integrated appliances.
A modified shower room features an easily accessible shower where a utility cupboard can also be found next to the double bedroom with built-in wardrobe.
Setting the scene The property is accessed for guests via secure locked gated access to the front with smaller access gate for foot access to the side.
A large brick weave car park sits to the front of the property where parking spaces can be reserved for a yearly fee.
The front door is accessed via secure key fob doors where the site office can be found immediately to your left.
The laundry room is also found on the ground floor just passed the lounge with both stair and lift access.
The grand tour Once inside a neutral décor will greet you where a central hallway allows access into all living accommodation.
The main living space comes to the left in the form of an open sitting/dining room with tree lined views out of the double glazed window with all carpeted flooring.
Opening from this space is the kitchen featuring an array of wall and base mounted storage units giving way to multiple integrated appliances including a fridge, freezer, oven and hob with extraction above.
From the central hallway the bathroom can also be found with extended double shower tray, lowered for easy access with vanity storage and a fully tiled surround.
The large double bedroom sits at the end of the hallway with all carpeted flooring and also boasting tree lined views over the manicured gardens beyond.
This room also benefits from the addition of built in wardrobes.
Sat just next to the main bedroom is a utility cupboard with ability to be used for additional storage easily accessed from the central hallway within the property.
Find us Postcode : NR7 0SJ What3Words : ///plug.stop.debate Virtual tour View our virtual tour for a full 360 degree of the interior of the property.
Agents notes The property is offered on a leasehold basis with 111 years remaining on the lease. There is a yearly ground rent charge of £450 and a service charge of £2693.
Car parking spaces are also available to secure for a yearly charge of £250 when available. Please check with the site manager when considering parking.
EPC Rating: B Location The sought after Norwich suburb of Thorpe St Andrew offers a wide range of amenities nearby including local shops, public houses, doctors surgeries, supermarkets and schools.
Thorpe St Andrew is only a short walk, car journey or bus ride into the City Centre and offers great access to the A47/A11 routes, and the new Postwick Hub.
Garden The great outdoors Externally there are well manicured tree lined gardens to enjoy with external seating areas.
To the front there is non allocated parking as well as parking spaces which can be paid for on a yearly basis.
The access from Yarmouth Road is gated for security and privacy with foot access gate to the side and parking on Yarmouth Road for guests when visiting.
Disclaimer Anti-Money Laundering (aml) Fee Statement: To comply with hmrc's regulations on Anti-Money Laundering (aml), we are legally required to conduct aml checks on every purchaser once a sale is agreed.
We use a government-approved electronic identity verification service to ensure compliance, accuracy, and security.
This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf).
The cost of anti-money laundering (aml) checks are £50 including VAT per person, payable in advance after an offer has been accepted.
This fee is mandatory to comply with hmrc regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.
General Disclaimer: Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only.
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
.png)
FAQ
About Apt 42, Wherry Court, Norwich
Explore nearby