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See how verdicts work2-bedroom flat · NR1 1HF
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**30% shared ownership** Gilson Bailey are delighted to offer this stunning and beautifully presented, two bedroom third floor apartment, superbly positioned alongside the river and just moments from Norwich City Football Club's stadium, within easy walking distance of the City Centre.
Offering a fantastic combination of stylish modern living, attractive surroundings and excellent convenience, this impressive apartment is presented in immaculate condition throughout and provides bright, well-proportioned accommodation.
Accessed via secure intercom entry, the property boasts a superb open-plan kitchen/living area, flooded with natural light and creating a wonderful sociable space for cooking, dining, relaxing and entertaining, with doors opening directly onto a private balcony, perfect for enjoying the fresh air or unwinding after a busy day.
There are also two good-sized bedrooms and a sleek contemporary bathroom, completing the accommodation.
Outside, residents can enjoy beautifully maintained communal gardens and picturesque riverside walks, providing a lovely setting despite the convenient central location.
The property is also eligible for a secure parking space at an additional cost of £85 per month, offering a valuable option for those requiring parking.
Further benefits include double glazing and electric heating.
Combining excellent presentation, modern open-plan living, a private balcony, riverside surroundings and a superb location close to Norwich City Centre, this attractive apartment would make a fantastic first-time purchase, so be quick to book a viewing.
Please note the 30% share reflects a full market price of £210,000 and there is rent payable of £432.54 per month.
Location Hathor is located close by to Norwich train station, the popular Riverside development offering a selection of restaurants, bars, cinema, gym, swimming pool and 10-pin bowling alley.
There is ease of access to the A47, Norwich ring road and the vibrant city centre itself. Accommodation Comprises Secure intercom entry with stairs and lift to third floor.
Front door to: Entrance Hall Doors to kitchen/living area, two bedrooms and bathroom.
Kitchen/Living Area (5.93 x 3.99 (19'5" x 13'1")) Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, integrated fridge/freezer, washing machine and dishwasher, radiator, door to balcony.
Bedroom One (5.69 x 2.69 (18'8" x 8'9")) Double glazed window, radiator, built in wardrobe. Bedroom Two (4.23 x 2.20 (13'10" x 7'2")) Double glazed window, radiator.
Bathroom (2.12 x 1.99 (6'11" x 6'6")) Panelled bath with shower over, low level WC, hand wash basin, heated towel rail. Local Authority Norwich City Council, Tax Band C.
Tenure Leasehold Term: 990 years from and including 29 September 2022 Service Charge: £149.45 per month Rent Share: £432.54 per month 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
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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.
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About Geoffrey Watling Way, Norwich
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