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See how verdicts work2-bedroom flat · NR1 3BF
Sold STCListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**NO ONWARD CHAIN** A beautifully presented, modern two bedroom apartment ideally located within the heart of Norwich city centre.
The property boasts a delightful private south west facing balcony, allocated off street parking and benefits from lift access.
Description - Forming part of the popular Chapelfield Gardens development in the heart of Norwich City Centre, this modern third floor apartment boasts beautifully presented, bright and modern accommodation.
The apartment boasts a delightful private balcony accessed via the spacious lounge diner.
The property further comprises an entrance hall with built in storage cupboard, bathroom, two double bedrooms; one with an ensuite, and a kitchen with built in appliances.
Externally, the property has allocated secure off road parking with the benefit of lift access and a secure entry system.
*LEASE IS CURRENTLY BEING EXTENDED TO Entrance Hall - Door to main front entrance, laminate flooring.
Bathroom - Fitted with a three piece suite comprising bath with mains connected shower over, pedestal wash hand basin, WC, heated towel rail, tiled flooring, extractor fan.
Utility Cupboard - Fitted with base units, wall mounted gas boiler, tiled flooring.
Bedroom One - Double glazed window to front aspect, carpet, radiator, built in double wardrobe, door to:- Ensuite - Fitted with a shower cubicle with mains connected shower, pedestal wash hand basin, WC, heated towel rail, tiled flooring, extractor fan.
Bedroom Two - Double glazed window to front aspect, carpet flooring, radiator.
Lounge/Diner - Double glazed sliding doors to balcony, carpet, radiator, door to:- Kitchen - Fitted with a range of wall and base units with worksurface over, integrated dishwasher, fridge freezer, electric oven and microwave, four ring electric hob with cooker hood over, tiled flooring.
Agents Notes - This property is Leasehold. Mains drainage, electricity, water and gas connected. Allocated secure off road parking. Council tax band: D Maintenance charges: £2,200 PA.
The lease is currently being extended 79 years to 169 years.
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
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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.
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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 Coburg Street, Norwich
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