2-bedroom house · NR1 1GS
To rentListed 1 day
Opportunity summary
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About
We are delighted to offer this fourth floor two double bedroom apartment within Riverside development situated close to local shops, gyms, cinema and train station.
The property comprises of a communal lobby with lift to all floors, private entrance hall, living room with door to private balcony, kitchen, double bedroom, second double bedroom, bathroom with shower over the bath, communal garden, double glazing, electric central heating, Council Tax Band C, UNFURNISHED ** Deposit and first months rent due upon sign up** This property is let through a Housing Association, they are offering a lifetime tenancy on a month to month basis.
The property includes a full repair service through the Association. The Association is offering the property at approximately 80% of the private market rate.
**Please note - No parking available at the property or in the surrounding area.** Entrance Hall (Fourth Floor) Private entrance hall accessed via secure communal lobby with lift access.
Quality laminate floor, built in storage cupboards, radiator, entry-phone, doors to all rooms.
Living Room (Fourth Floor) Living room with glazed double doors to private balcony which allow much natural light in providing the room with a bright and welcoming feel, radiator.
Opens to kitchen area. Balcony (Fourth Floor) Glazed doors to private balcony. Outside light. Kitchen Area (Fourth Floor) Modern kitchen with ample storage and work surface.
Integrated appliances include induction hob, oven, cooker hood and fridge/freezer. Inset spot lighting, opens to living room. Bedroom 1 (Fourth Floor) Large double bedroom, front aspect.
Bedroom 2 (Fourth Floor) Second double bedroom, front aspect window, TV point, radiator.
Bathroom (Fourth Floor) Modern suite in white comprising bath with thermostatic shower over, WC and wash basin. Chrome heated towel rail, inset spotlighting, extensive tiling.
Outside (Ground Floor) Maintained communal gardens for residents use. Parking PLEASE NOTE: No parking available at the property or in the surrounding area.
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.
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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 Richard Hawthorn House, Geoffrey Watling Way, Norwich
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