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See how verdicts work2-bedroom flat · NR6 5SL
Listing removedListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**no onward chain and A long lease** Gilson Bailey are delighted to offer this superbly positioned, two bedroom first floor flat, tucked away in a pleasant cul-de-sac location in the heart of the ever-popular suburb of Hellesdon.
Offered with the huge advantage of no onward chain, this fantastic property provides spacious and practical accommodation and would make an ideal choice for first time buyers, downsizers and investors alike.
The property benefits from its own private entrance hall, with a staircase leading to the first floor where you will find a generous lounge/dining room perfect for relaxing and entertaining, fitted kitchen, two well-proportioned bedrooms and a bathroom.
Outside, residents enjoy shared access to a communal garden area, providing useful outside space, together with the added benefit of a residents' car park.
Combining comfortable accommodation, a convenient cul-de-sac setting and excellent potential in a highly sought after Hellesdon location, this superb flat represents a fantastic opportunity for a wide array of buyers, so be quick to book a viewing.
Location Hellesdon is a popular suburb to the north west of Norwich and offers a good selection of amenities including schooling for all ages, popular shops, pubs and restaurants with excellent public transport links to and from the City Centre.
There is ease of access to Norwich International Airport, ndr with links to the North Norfolk coastline and neighbouring villages of Horsford, Drayton and Taverham.
Lounge/Dining Room (4.69 x 3.14 (15'4" x 10'3")) Two double glazed windows, radiator.
Kitchen (3.55 x 1.84 (11'7" x 6'0")) Fitted wall and base units with worktops over, sink and drainer, space for cooker, fridge and washing machine, double glazed window, radiator.
Bathroom (1.94 x 1.67 (6'4" x 5'5")) Panelled bath with shower over, low level WC, hand wash basin, radiator. Bedroom One (3.71 x 2.71 (12'2" x 8'10")) Double glazed window, radiator.
Bedroom Two (3.18 x 1.91 (10'5" x 6'3")) Double glazed window, radiator. Outside Lawned communal gardens and a residents car park.
Tenure Leasehold 999 years from 1st January 1976 with 949 years remaining. Service Charge No Ground rent with 25/26 service charge being £689 and 26/27 to be announced in September 2026.
Local Authority Broadland District Council Band A 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
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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.
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FAQ
About 5, Nursery Close, Norwich
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