2-bedroom flat · NR7 8UR
Listing removedListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented two-bedroom ground floor apartment offers modern, low-maintenance living within a well-maintained residential development.
Finished in a contemporary neutral palette throughout, the property is ideally suited to first-time buyers, professionals, downsizers and investors alike.
Positioned on the outskirts of Norwich in the popular suburban village of Sprowston, the apartment enjoys a convenient location with excellent access to local amenities.
These include pre-school and primary schooling, Tesco and Lidl supermarkets, Sprowston Manor Hotel and Golf Club, a pharmacy, petrol station and a regular bus service into Norwich city centre, located approximately four miles to the south-west.
The property further benefits from two allocated off-road parking spaces and is set within neatly maintained communal gardens, enhancing its appeal and sense of community.
Internally, the accommodation is bright, well-proportioned and beautifully presented.
The entrance hall leads to a spacious open-plan living, dining and kitchen area, a modern bathroom and two bedrooms, both with built-in storage and the principal benefitting from and an en-suite shower room.
The location is further enhanced by easy access to the Northern Distributor Road, providing convenient links to Norwich International Airport, the city centre, the University of East Anglia, Norwich University Hospital and Riverside train station.
Norwich itself offers excellent shopping, a vibrant café and restaurant scene, nightlife and a wealth of historical interest.
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 Cormorant Drive, Sprowston, Norfolk
Explore nearby