2-bedroom flat · NR1 1GW
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This light and spacious apartment offers an excellent opportunity for budding investors, with no onward chain for a smooth purchase process and a net yield return of 8.26%.
The property features two large double bedrooms, including a principal bedroom with an ensuite shower room, as well as a contemporary family bathroom.
The generous lounge provides ample space for relaxation and entertaining, while the modern kitchen is well-equipped for all culinary needs.
A private balcony extends the living space and offers a pleasant spot to unwind. The apartment benefits from ample storage throughout, ensuring a clutter-free environment.
Residents enjoy the convenience of a secure underground allocated parking space (ideal for city living) and lift access within the building.
Located just a short walk from Norwich train station and the vibrant city centre, this apartment is perfectly positioned for commuters and those seeking easy access to local amenities, shops, and restaurants.
This property combines comfort, style, and practicality, making it a superb choice for those looking to enjoy contemporary urban living in a sought-after location.
Entrance Hall Aluminium front door, carpeted floor with under floor heating, doors to lounge / kitchen, two bedrooms and bathroom, intercom and airing cupboard.
Lounge (3.71m x 4.08m) Floor laid to carpet with under floor heating, aluminium double glazed sliding door to the balcony and access to the kitchen.
Kitchen (3.03m x 2.60m) Comprising a range of wall and base units with laminate work tops, integrated electric oven with ceramic hot plate and extractor hood over, inset stainless steel sink with mixer tap, laminate flooring with under floor heating, aluminium double glazed window to the front aspect, tiled splash back, integrated fridge - freezer and washing machine.
Bedroom One (7.63m x 2.73m) Large double bedroom with fitted wardrobe, two aluminium double glazed windows to the front and rear aspects and carpeted flooring with under floor heating.
Ensuite (1.93m x 1.86m) Corner shower with folding door and tiled backing, low set WC, pedestal hand wash basin with tiled splash back, obscure double glazed aluminium window to the front aspect, laminate flooring with under floor heating and an extractor fan.
Bedroom Two (3.13m x 4.26m) Large double bedroom with aa double glazed aluminium window to the rear aspect, floor laid to carpet with under floor heating.
Bathroom (1.81m x 2.40m) Panel bath with shower over, tiled backing and glass screen, low set WC, pedestal hand wash basin with tiled splash back, laminate flooring with under floor heating, obscure double glazed aluminium window to the front aspect and an extractor fan.
Balcony Private balcony. Parking - Allocated Parking Secure allocated parking space. Disclaimer Websters is a member of Propertymark and The Property Ombudsman Service.
Neither Websters nor its representatives provide any warranty or representation regarding the property on behalf of ourselves or the seller.
These particulars are for guidance only and do not form part of any offer or contract. Leasehold details, including service charges and ground rent, should be confirmed by your legal adviser.
Measurements, plans, photographs and descriptions are approximate and for illustration only.
It should not be assumed the property has all required planning permissions, building regulation approvals or other consents.
Services, fixtures and fittings have not been tested and buyers should verify these independently.
Anti-money laundering checks are required for all buyers and sellers and are carried out by our partner Coadjute via a secure link once an offer is accepted (subject to contract).
A non-refundable fee of £45 + VAT per person applies.
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 advisors 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
FAQ
About 13 Allison Bank Geoffrey Watling Way, Norwich
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