3-bedroom house · NR5 8HP
For saleListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**offered with no onward chain** Gilson Bailey are delighted to offer this well-presented three-bedroom mid-terrace home, conveniently situated to the west of Norwich and within easy reach of the University and hospital, making it an ideal purchase for investors, first-time buyers and families alike.
Offering well-proportioned accommodation throughout, the property comprises an entrance hall, a comfortable lounge, a fitted kitchen and a useful utility room to the ground floor.
Upstairs, there are three bedrooms, a family bathroom and a separate WC accessed from the landing.
Outside, the property benefits from a lawned front garden and an enclosed rear garden providing a private outdoor space to enjoy, complete with an outside shed and additional WC.
Further benefits include double glazing, gas central heating and the significant advantage of being offered with no onward chain, allowing for a potentially smooth and straightforward purchase.
With its excellent location close to key amenities and strong rental demand from both the University and hospital, this attractive property represents a fantastic buy-to-let investment opportunity and early viewing is highly recommended.
Location Friends Road is a stones throw for the uea and also Provides good access to and from the city centre and Norfolk and Norwich University Hospital.
Local amenities include schooling, popular local shops, supermarkets, pubs and restaurants. There is also easy access to the A47 and A11.
Accommodation Comprises Front door to: Entrance Hall Doors to lounge, kitchen and stairs to first floor. Lounge (6.14 x 3.77 (20'1" x 12'4")) Two double glazed windows, two radiators.
Kitchen (4.63 x 2.71 (15'2" x 8'10")) Fitted wall and base units with worktops over, sink and drainer, space for fridge/freezer, two double glazed windows, radiator.
Utility Room (2.82 x 1.76 (9'3" x 5'9")) Space for cooker and washing machine, double glazed window, door to rear. First Floor Landing Doors to three bedrooms, bathroom and WC.
Bedroom One (3.82 x 3.75 (12'6" x 12'3")) Double glazed window, radiator, built in wardrobe. Bedroom Two (3.77 x 3.50 (12'4" x 11'5")) Double glazed window, radiator, built in wardrobe.
Bedroom Three (2.87 x 2.58 (9'4" x 8'5")) Double glazed window, radiator.
Bathroom (1.80 x 1.42 (5'10" x 4'7")) Panelled bath with shower over, low level WC, hand wash basin, radiator, frosted double glazed window. Wc Low level WC, frosted double glazed window.
Outside Front Lawned garden with path to front door. Outside Rear Lawned garden with mature plants and shrubs, outside storage shed and WC. Local Authority Norwich City Council, Tax Band B.
Tenure Freehold Utilities Fibre to the property. Mains gas, 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
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 82, Friends Road, Norwich
Explore nearby