1-bedroom flat · NR31 7QJ
Let agreedListed 31 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient residential location, close to regular bus routes, schools for all age groups and the James Paget University hospital whilst being within easy access of Gorleston seafront and its award winning beach; we offer this 1 bedroom 1st floor flat which enjoys the benefits of gas central heating, UPVC double glazing and a range of floor coverings throughout.
Details in brief include entrance lobby, 1st floor hall/landing, spacious lounge, open plan kitchen/diner, One bedroom and bathroom. Outside to the rear is an enclosed paved garden.
Outside to the front: Attractive lawned garden.
Entrance Hall Carpeted stairs to first floor landing, upvc window to side, storage cupboard housing electric consumer unit, floor tiles, ceiling light.
First Floor Landing Loft access to a partially bordered loft, upvc window to side, storage cupboard housing Vaillant combination boiler.
Door to: Shower Room 9' 1'' x 6' 5'' (2.77m x 1.95m) Low level WC, pedestal wash basin, corner shower cubicle, splash back boarding and wall mounted shower, half tiled walls, radiator, upvc opaque window to rear, ceiling light, shelving.
Kitchen/Diner 14' 8'' x 11' 9'' (4.47m x 3.58m) Range of wall and base units, plumbing for washing machine, space for a fridge freezer, space for a free standing cooker, space for dishwasher, stainless steel one bowl sink with mixer tap, half tiled walls, vinyl flooring.
Dining Area Fitted carpet, power points, TV lead, wall light, ceiling light, radiator, upvc window to rear, ample power points.
Sitting Room 14' 4'' x 11' 6'' (4.37m x 3.50m) Fitted carpet, radiator, upvc window to front, power points, wall light, ceiling light.
Door to: Bedroom 1 9' 9'' at widest point x 8' 9'' (2.97m x 2.66m) Fitted carpet, radiator, upvc window to front, over head storage cupboards, double fitted cupboard with shelving, power points.
Outside Front garden is mainly laid to lawn, paved pathway leading to front door, low level brick built wall, wrought iron gate, further timber gate to side with path leading to a brick built shed, further gate leading to a low maintenance enclosed rear garden, timber shed, mixture of flowers and shrubs, timber fencing to all boundaries, green house, water butt.
Council Tax Band A Services Gas, mains water, electricity and drainage Viewings Strictly prior to appointment through Darby & Liffen Ltd.
AGENTS NOTE Whilst every care is taken when preparing details, DARBY & LIFFEN LTD, do not carry out any tests on any domestic appliances, which include Gas appliances & Electrical appliances.
This means confirmation cannot be given as to whether or not they are in working condition. Measurements are always intended to be accurate but they must be taken as approximate only.
Every care has been taken to provide true descriptions, however, no guarantee can be given as to their accuracy, nor do they constitute any part of an offer or contract.
TENANTS INFORMATION The rent is £650PCM excluding utilities and Council Tax. A deposit of £750.00 is required prior to occupation. Bank and employers references will be taken.
Tenants are advised to insure their own effects. Tenants are responsible for the payment of sewerage rates, council tax, electricity.
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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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 University Crescent, Gorleston
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