1-bedroom flat · NR7 0HD
Listing removedReduced £45 (−5%) on 17 JunListed 140 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gilson Bailey Lettings are pleased to offer this ONE BED GROUND FLOOR apartment forming part of this historic 1930's Art Deco building situated in this very attractive riverside conservation area.
While the location has a village feel it is close to locals shops, schools, pubs and just over a mile to the station.
The accommodation comprises of a period communal entrance lobby, private entrance hall, living room, kitchen with appliances, double bedroom, bathroom with shower over the bath, central heating, communal garden, off street parking, Council Tax Band A Entrance Hall (Ground Floor) Private entrance hall with storage accessed via communal entrance lobby.
Quality laminate floor, radiator.
Living Room (Ground Floor) 5.00m ( 16'5'') x 3.30m ( 10'10'') Large living room with big front aspect window that provides river views and allows much natural light in creating a bright and welcoming feel.
Quality laminate floor, TV point, radiator. Kitchen 3.00m ( 9'11'') x 2.40m ( 7'11'') Kitchen with ample storage and work surface.
Appliances include electric hob, oven, cooker hood and washing machine. The dishwasher and fridge are BONUS ITEMS. Inset spot lighting, rear aspect window overlooking the gardens.
Bedroom (Ground Floor) 3.60m ( 11'10'') x 2.40m ( 7'11'') Double bedroom, front aspect window, quality laminate floor, radiator.
Bathroom (Ground Floor) Luxury bathroom suite in white comprising bath with 'rainfall' shower over, WC and wash basin. Frosted window, inset spotlights, tiled floor, radiator.
Outside Maintained communal gardens for residents use. Parking Off street residents parking space and overflow carpark.
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
Agent & docs
FAQ
About Richmond Court, Yarmouth Road, Norwich
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