1-bedroom terraced house · NR3 1AY
For saleReduced £5k (−3.1%) on 21 JunListed 424 days
Opportunity summary
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About
**offered with no onward chain** Gilson Bailey are delighted to present this well-presented and light-filled one-bedroom mid-terrace house, quietly tucked away in a peaceful City Centre location with charming views towards the church.
Offering a rare opportunity to enjoy a tranquil setting right in the heart of Norwich, the property features an entrance hall, fitted kitchen and spacious lounge on the ground floor, with a double bedroom and modern shower room upstairs.
Outside, beautifully maintained communal gardens provide a delightful outlook and a relaxing space to enjoy.
Further benefits include double glazing, electric heating and the advantage of being offered with no onward chain.
An ideal first home or buy-to-let investment, this unique property combines convenience with character and must be viewed to be fully appreciated.
Location The Cathedral city of Norwich is set in the heart of East Anglia and has everything you would desire in a vibrant regional capital, including wonderful shopping facilities with two shopping malls including Chantry Place, and a wide range of independent boutique shops in the Norwich lanes.
There is a wide array of restaurants, bars, coffee shops, a dynamic nightlife which caters for all age groups, and the Theatre Royal is one of the country’s oldest established theatres.
The city is the most complete medieval city in the United Kingdom, including cobbled streets such as Elm Hill, Timber Hill and Tombland, with ancient buildings including St Andrews Hall, two Cathedrals and Norwich Castle.
The River Wensum flows throughout the city with various pubs located along the river and with boat hire available.
There are excellent transport links with Norwich train station providing a regular mainline service into London Liverpool Street, Cambridge and towards the coast.
Norwich International Airport is also situated only 4 miles from the city centre. The city has two Universities including the University of East Anglia and Norwich University of The Arts.
There are fantastic schools and colleges around the city and suburbs.
Norfolk itself is arguably most famous for its man-made broads, a national park with over 125 miles of waterways set in beautiful countryside surrounded with charming and picturesque towns and villages with Wroxham, the capital of the broads, approximately 8 miles from the centre of Norwich.
Accommodation Comprises Front door to: Entrance Hall Access to: Kitchen (3.38 x 1.49 (11'1" x 4'10")) Fitted wall and base units with worktops over, sink and drainer, fitted oven, space for fridge and washing machine, double glazed window.
Lounge (4.13 x 2.93 (13'6" x 9'7")) Window to rear, electric heater, stairs to first floor. First Floor Landing Doors to bedroom and shower room.
Bedroom (4.18 x 3.04 (13'8" x 9'11")) Window to rear, electric heater. Shower Room (2.24 x 1.43 (7'4" x 4'8")) Shower cubicle, low level WC, hand wash basin, heated towel rail, frosted window.
Outside Communal gardens and on street permit parking available. Local Authority Norwich City Council, Tax Band B. Tenure Leasehold- Term 215 years from 1 September 1979.
Please note service/maintenance charges are £157.04 per month. For further information, please contact the office. Utilities Fibre to the cabinet broadband available. Mains water and electric.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 3, Mandells Court, Norwich
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