2-bedroom flat · NR6 5QN
Listing removedReduced £95 (−7.3%) on 15 AugListed 90 days · slow let
Opportunity summary
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About
STUNNING WATERSIDE APARTMENT FULLY REFURBSHED WITH AMAZING VIEWS** Gilson Bailey are delighted to offer this SPACIOUS, TWO BEDROOM, SECOND FLOOR APARTMENT situated on a QUIET AND PRIVATE DEVELOPMENT backing onto the River Wensum in the sought after suburb of Hellesdon.
Accommodation comprising secure intercom entry, good size entrance hall, lounge with French doors leading to the balcony offering lovely views over the river and grounds, QUALITY FITTED MODERN KITCHEN, TWO DOUBLE BEDROOMS both having EN-SUITE SHOWER ROOMS and a separate cloakroom in the hall.
Outside there is ONE ALLOCATED PARKING BAY with additional visitors parking well maintained communal grounds with river frontage to the rear.
The apartment benefits from new double glazing, gas central heating. Accommodation Comprises Secure intercom entry with stairs to second floor.
Front door to: Entrance Hall Doors to lounge, kitchen, two bedrooms, WC and storage cupboard. Lounge French doors leading to balcony, two radiators, two Velux windows.
Kitchen Fitted wall and base units with worktops over, sink with tap over, four ring electric hob, fitted oven, integrated washing machine and fridge/freezer, ouble glazed window, radiator.
Bedroom One Double glazed window, radiator, built in wardrobes. En-Suite Panelled bath with rainfall shower over, low level WC, hand wash basin, heated towel rail, Velux window.
Bedroom Two Double glazed window, radiator, built in wardrobe. En-Suite Shower cubicle, low level WC, hand wash basin, radiator, Velux window.
Cloakroom Low level WC, hand wash basin, radiator, extractor fan.
Outside One allocated parking space with additional visitors parking, well maintained communal lawned grounds with a range of mature trees and river frontage.
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.
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 Due to high demands, there may be multiple viewings at the same time and cannot guarantee a solo viewing at any one time.
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 The Waterside, Hellesdon, Norwich
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