2-bedroom flat · NR14 8GG
For saleListed 1 day
Opportunity summary
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About
Situated within the popular village of Mulbarton, this first floor leasehold apartment offers well-proportioned accommodation, ideal for first-time buyers, downsizers or investors.
The property is currently let at £900 pcm, making it an attractive buy-to-let investment, and is offered for sale with no onward chain.
The accommodation comprises an entrance hall with two useful storage cupboards, a 14'7" lounge with a large window, a fitted kitchen with space for a dining table, two good-sized bedrooms and a bathroom with a three-piece suite and shower over the bath.
The property also benefits from electric heating, double glazing and a secure intercom entry system. Outside, residents' parking is available within a communal parking area.
The apartment is conveniently located for local amenities, including the Co-op supermarket, doctors' surgery and Mulbarton Common.
The Outside Outside, the property is set within established gardens with low hedging along the front of the building.
Adjacent to the block is a residents' parking area, where the apartment benefits from an allocated parking space. The apartment forms part of a well-maintained residential development.
The Location Mulbarton is a popular village situated approximately five miles south of Norwich, offering a good range of everyday amenities whilst retaining a strong village community feel.
The village benefits from a Co-op supermarket, doctors' surgery, pharmacy, primary school, local pubs and other useful facilities.
At the heart of the village is Mulbarton Common, providing a large open green space popular with walkers and families.
The village is also well placed for access to Norwich city centre, the Norfolk and Norwich University Hospital, University of East Anglia and the A11, making it a convenient location for a wide range of buyers.
Leasehold Information The property is leasehold, with the lease expiring on 15 April 2129, leaving approximately 102 years remaining.
The annual service charge is £2,639.86, with ground rent payable at £115 per annum.
All leasehold information has been provided by the seller and should be verified by the buyer's solicitor during the conveyancing process.
Agents Note Please note that the photographs were taken during a previous tenancy and may not reflect the property's current presentation. The property is currently tenanted.
Directions From Cuckoofield Lane, turn into Bromedale Avenue beside the local Co-op store.
Continue along the road until it opens out, where you will find an enclosed play area and green space on the right-hand side, with parking spaces alongside.
The apartment block is situated to the right of the green space.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About Bromedale Avenue, Mulbarton
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