1-bedroom flat · NR3 2RD
Listing removedListed 131 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**north city first floor flat ** Gilson Bailey are delighted to offer this one bedroom, first floor flat located to the North of Norwich within walking distance to the city centre.
Accommodation comprising entrance hall, lounge/diner, kitchen, bedroom, balcony and a bathroom. The flat benefits from UPVC double glazing and gas central heating. Tax Band A.
Unfurnished Accommodation Comprises: Entrance Hall Doors to lounge/Diner, Kitchen and Bathroom .
Kitchen - 2.96m ( 9'9'') x 2.47m ( 8'2''): UPVC window, wall and base units, single sink and drainer, space for washing machine, fitted oven and hob, gas boiler.
Bathroom: Panelled bath with shower fitment over, low level WC, hand wash basin, radiator, frosted UPVC double glazed window.
Lounge/Diner - 5.77m ( 19'0'') x 3.31m ( 10'11''): Two UPVC double glazed windows, two radiators? Doors Bedroom and Balcony.
Bedroom - 4.42m ( 14'7'') x 5.77m ( 19'0''): Two UPVC Double glazed windows, radiator.
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
Agent & docs
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FAQ
About Half Mile Road, Norwich Norfolk
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