1-bedroom flat · NR2 4JU
Sold STCListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting an immaculate flat for sale, located in the sought-after Golden Triangle of Norwich.
Perfectly adapted into a single-bedroom residence, this flat carries the character and charm of its unique origins - a beautifully converted pub.
*** 996 year lease £10 per year ground rent and £38 a month service charge *** Upon entering, you're welcomed into a staircase leading to the first floor with an open-plan reception room creating a seamless living space effortlessly combining dining, relaxing, and entertaining.
Adjoining is the open-plan kitchen, boasting classic wood countertops and bathed in natural sunlight.
The kitchen further offers a perfect area to create culinary delights while staying engaged with family or guests.
The property includes a lavish double bedroom that serves as an ideal haven for rest after an active day.
Adding further to the bliss of living here, the flat comprises a desirable bathroom with built-in storage and a heated towel rail to inject a touch of luxury into everyday routines.
The flat is blessed with valuable additions such as a private allocated parking space, an exclusive external storage area that aids in maintaining a clutter-free space.
Holding an EPC rating of 'D', the property falls under council tax band 'A'. Lease remaining is 996 Years.
Strategically positioned in proximity to local amenities, public transport links, and desirable schools, this flat also offers easy access to walking and cycling routes through nearby parks - a veritable paradise for outdoor enthusiasts.
Ideally suited for first-time buyers looking for a unique, stylish home or investors seeking a high-quality addition to their portfolio, this flat in the Golden Triangle promises to be an excellent choice.
Experience the beautiful blend of contemporary urban living with a nod to the property's vibrant past.
Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
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 advisors 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 Nile Street, Norwich, NR2
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