1-bedroom flat · NR1 2GG
Let agreedListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
4th floor furnished 1 bed flat at Blue Mill Yard next to the football ground in Norwich This flat has a secured entrance lobby and then a smart lift stopping at the fourth floor, It is set in the old Colman’s Mustard factory and has lovely views over the city.
It has just been redecorated and is in a very good condition.
*It comprises of an Entrance hall *Bathroom with bath and shower *Airing cupboard *Double bedroom with built in mirrored wardrobe, chest of drawers etc.
* Lounge Kitchen with all appliances integrated, tiled floor in the kitchen area and Carpet in the living area, it has dimmable lighting, shelves, comfortable settee and cushions *It has an underground locked car park with one parking space and the flat benefits from under floor heating.
* Energy rated EPC B Council tax band A Long term rental Rent is £980.00 per month with one months rent as a deposit
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
Agent & docs
FAQ
About 71, Paper Mill Yard, Norwich
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