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 work1-bedroom flat · NR7 0BN
Listing removedReduced £5k (−2.9%) on 7 JulListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**stunning converted apartment with off road parking** Gilson Bailey are delighted to offer this beautifully presented one-bedroom first-floor apartment, perfectly positioned in a peaceful and picturesque setting overlooking woodland in the highly sought-after suburb of Thorpe St Andrew.
This stylish home boasts secure intercom entry and a private entrance hall leading to a bright and contemporary open-plan kitchen/living space, a generous bedroom, a modern shower room and a separate WC, all finished to an excellent standard throughout.
Outside, residents can enjoy extensive, well-maintained communal grounds along with the added benefit of an off-road parking space.
With double glazing and underfloor heating, this superb apartment offers both comfort and efficiency, making it an ideal first-time purchase, and early viewing is highly recommended.
Location Thorpe St Andrew is a highly sought after suburb offering amenities to include schooling for all ages, popular local pubs and restaurants by the iconic River Green, shops and supermarkets.
There is ease of access to the centre of Norwich, Broadland Business Park, A47 southern bypass, ndr and the Norfolk Broads. Accommodation Comprises Secure intercom entry with stairs to first floor.
Front door to: Entrance Hall Doors to kitchen/living area, bedroom, shower room and WC.
Kitchen/Living Area (4.16 x 4.14 (13'7" x 13'6")) Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, integrated fridge/freezer, washing machine and dishwasher, two double glazed windows, underfloor heating.
Bedroom (3.74 x 3.21 (12'3" x 10'6")) Two double glazed windows, underfloor heating, built in wardrobe, cupboard. Shower Room (1.76 x 1.16 (5'9" x 3'9")) Shower cubicle, heated towel rail.
Wc (1.76 x 1.01 (5'9" x 3'3")) Low level WC, hand wash basin, heated towel rail. Outside Large communal lawned grounds and one off road parking space.
Local Authority Broadland District Council, Tax Band A. Tenure Leasehold- 999 years from and including 1 July 2019.
Please note there is a peppercorn ground rent and service/maintenance charges are £667.88 every 6 months. There is also a share of freehold. For further information, please contact the office.
Utilities Fibre to the property. Mains water and electric.
Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
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
Agent & docs
.png)
FAQ
About Apartment 7, 16, Harvey Lane, Norwich
Explore nearby