We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with No Onward Chain and situated in a pleasant position overlooking open green space, this spacious two bedroom first floor apartment benefits from a long Lease and no service charges, making it an attractive purchase for both first time buyers and investors.
The accommodation comprises a private ground floor entrance hall with stairs rising to the first floor, leading to a generous open plan living area providing ample space for both lounge and dining furniture, with an adjoining fitted kitchen complete with integrated appliances.
An inner lobby provides access to two well proportioned double bedrooms and a bathroom.
Further benefits include gas central heating, double glazing and an allocated off road parking space within the residents car park to the rear.
There is also a shared brick-built cycle store for added convenience.
Ideally suited to those looking to step onto the property ladder or seeking a buy to let investment, this appealing apartment offers spacious accommodation, practical features and the added advantage of being sold with no onward chain.
Location Cringleford is a popular and desirable village located to the South West of Norwich, combining a peaceful village atmosphere with easy access to the city centre.
Its convenient position close to the University of East Anglia and Norfolk and Norwich University Hospital makes it an attractive choice for families and professionals.
The village benefits from a variety of local amenities, including a primary school, shops, community facilities, recreational areas and attractive green spaces.
A wider selection of shopping, dining and leisure facilities is available in nearby Norwich.
The area also enjoys excellent transport links, with easy access to the A11, A47 and Norwich city centre, alongside regular public transport services.
With its appealing surroundings, convenient amenities and proximity to major employment and education centres, Cringleford remains a highly desirable residential location.
Agents Note - Anti Money Laundering By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with hmrc guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £45+ VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Lobelia Lane, Norwich
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