2-bedroom flat · NR1 2BU
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**GILSON BAILEY LETTINGS** are delighted to offer this outstanding ground floor TWO bedroom executive apartment set in this converted listed landmark development close to the city centre, shops, supermarket, cinema, gyms and train station.
The property benefits from entrance hall, security entry, living room with doors to private courtyard garden, fully fitted kitchen with appliances, two double bedrooms, luxury bathroom with shower over the bath, secure covered parking, electric heating, maintained grounds, private courtyard garden, Council Tax Band C, UNFURNISHED **TWO BEDS** COURTYARD GARDEN**Council tax C.
EPC C Entrance hall (Ground Floor) Private entrance hall, accessed via impressive secure entrance lobby. Quality wooden flooring, electric heater.
Living room (Ground Floor) 6.70m ( 22'0'') x 5.80m ( 19'1'') Impressive main living room, double aspect large sash style windows , wooden flooring, double doors to private courtyard garden, original features, TV / BT points.
Kitchen (Ground Floor) Fitted kitchen, ample storage and work surface, appliances include fridge/freezer, ceramic hob, double oven, dishwasher and washer/drier.
Tiled floor, opening to living room. Bedroom 1 (Ground Floor) 4.20m ( 13'10'') x 2.90m ( 9'7'') Master bedroom, two large sash style windows allow much natural light in.
Quality wooden floor, BT point, heater. Bedroom 2 (Ground Floor) 3.80m ( 12'6'') x 2.90m ( 9'7'') Second double bedroom, sash style window over looking the private courtyard garden.
Wooden floor, heater. Bathroom (Ground Floor) Modern white bathroom suite comprising bath with shower over, WC and wash basin. Extensively tiled, heated towel rail.
Garden (Ground Floor) Private walled courtyard garden which is almost unique on this development. Parking One allocated covered secure carparking space.
The carpark is accessed via the remote control iron gates.
Agents Note Due to high demands, there may be multiple viewings at the same time and we cannot guarantee a solo viewing at any one time.
Agents Note There may be Furniture/furnishings along with white goods in the property when viewing that are not included in the tenancy . Please contact the office for further details.
Agents Note The tenants may still be in residence so these details and photos are only an indication of the property and there could be some requirement for remedial work before the start of a new tenancy.
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.
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 Albion Mill, King Street, Norwich
Explore nearby