2-bedroom flat · NR1 1RT
Sold STCReduced £25.1k (−11.1%) on 21 JunListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference number : 128574 Presenting this very quiet and quirky rear-facing 2-bed duplex apartment with double bedroom and bathroom downstairs, and double bedroom and kitchen/lounge upstairs.
Built circa July 2016 with labc warranty till circa July 2026. 1 allocated parking space, and 2 shared visitor parking spaces.
Norwich train station and Norwich fc both 5 minutes walk away, and 15 -20 minutes walk to Castle Quarter/Chantry Place shopping centres. Bus stops very close by with easy access to Norwich University.
Covered cycle storage area. Within close walking distance to Riverside shops, supermarket, cinema etc. Lovely local riverside walks.
The property is currently let to young professionals and is available from May 2026, but viewings can be arranged with current tenants.
Ideal first time property for young professionals, or retired people looking to downsize. East Anglian based, nrm Management / Freeholders, so all very well looked after.
Furniture and fittings can be sold if interested particularly for buy to let or similar, as ready to move in!
Council Tax: B Current Annual Ground Rent: £250 Current Annual Service Charge: £2,641 Current Length Of Lease Remaining: 990 Years Warning: Never transfer funds to a property owner before viewing the property in person.
If in doubt contact the marketing agent or the Citizens Advice Bureau.
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Viewing disclaimer: Quicklister endeavour to ensure the sales particulars of properties advertised are fair, accurate and reliable, however they are not exhaustive and viewing in person is highly recommended.
If there is any point which is of particular importance to you, please contact Quicklister and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.
Property Reference number : 128574
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
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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 112-114 Thorpe Road, City Centre, Norwich
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