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 flat · NR31 8RB
Sold STCListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Looking to get your foot on the property ladder?
This fantastic one double bedroom second floor flat presents an excellent first-time buyer opportunity in a highly convenient location just moments from everything you need.
Ideally positioned within a very short walk of Gorleston High Street, you’ll enjoy easy access to a wide range of shops, cafés and everyday amenities.
Gorleston beach and seafront are also close by, perfect for coastal walks and relaxing weekends.
The property benefits from PVCu double glazing, a communal car park and its own brick storage shed — ideal for bikes or additional storage.
Inside, the flat offers a well-proportioned double bedroom, a comfortable lounge/diner providing space to relax and entertain, a fitted kitchen, bathroom and a useful additional storage room.
With plenty of natural light and practical layout throughout, this home offers excellent potential to personalise and add value.
Whether you're taking your first step into home ownership or seeking an investment opportunity, this property is not to be missed.
Contact us today to arrange your viewing and see the potential for yourself.
Reception Hall Wood panelled personal door giving access, wood laminate flooring, built-in shelved storage cupboard, also housing water tank and gas and electric meters, opening to storage room.
Bathroom Vinyl flooring, panelled bath with shower attachment to mixer taps, wash hand basin, low level w.c., opaque PVC double glazed window.
Lounge 14'9" x 11'9" (4.50m x 3.60m) Wood laminate flooring, telephone point, television point, PVC double glazed window, cupboard housing gas boiler for warm air heating (currently redundant, currently no heating), door to kitchen.
Kitchen 9'2" x 7'4" (2.80m x 2.26m) Wood laminate flooring, range of wall and base storage units, worktop over, PVC double glazed window, sink and drainer with mixer tap, inset four ring electric hob, built-in electric oven, recess for undercounter fridge and space and plumbing for washing machine.
Outside Communal gardens and car park. Disclaimer Howards Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Howards Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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.
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FAQ
About Elder Green, Gorleston
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