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See how verdicts work2-bedroom flat · NR3 4JF
Sold STCListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this spacious two double bedroom apartment is situated on the first and top floor of a purpose-built 1970s development, set within well-maintained communal grounds in a quiet cul-de-sac location.
The property presents an excellent opportunity for first-time buyers, investors or those seeking a well-presented, turn-key home close to the heart of Norwich.
This ex-local authority apartment has been thoughtfully improved by the current owner and is presented in excellent condition throughout.
The accommodation includes a generous 6.1m x 3.6m sitting room, with large windows allowing plenty of natural light to flood the room.
The modernised kitchen has been upgraded to a high standard and provides a range of contemporary units and work surfaces.
There are two well-proportioned double bedrooms, a neatly appointed bathroom, and a welcoming entrance hall.
The property further benefits from gas central heating, upgraded flooring, a brick-built storage unit and access to a communal terrace.
Positioned in the popular NR3 district, just to the north of Norwich city centre.
The area is provides an excellent range of local amenities including independent shops, cafés, supermarkets, whilst remaining within walking distance from Mousehold Heath and Norwich City Centre.
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
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FAQ
About Pearcefield, Norwich
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