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See how verdicts work4-bedroom house · NR2 1JR
For saleListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
53 St Giles Street is a 3,000 sq ft C17th period townhouse comprising ground floor bookshop and a first and second floor residential four-bedroom apartment.
Inside the property enjoys light and airy accommodation requiring some modernisation.
At present, the ground floor is utilised entirely for use as a bookshop with two street facing rooms with large windows flanking either side of a central entrance hall.
The corner room has its own separate entrance door, which would allow for the entrance hall and other ground floor room to be utilised within the residential element of the property.
To the rear is an office and storerooms, a guest wc and a staircase. Upstairs is the residential flat with first floor kitchen, dining room, large studio and sitting room and bathroom.
On the second floor are four bedrooms. The property is Grade II Listed. Outside, the property enjoys an 80ft private rear lawn garden.
St Giles Street forms part of a conservation area at the heart of this historic medieval city.
The property is conveniently located centrally within the Norwich Lanes District which is renowned for its independent boutique shops, theatres, restaurants, bars and cafes, as well as Norwich Market which is considered one of the country’s largest open-air markets.
The house is within 0.1 miles of the centre of Norwich which offers a comprehensive range of commercial, shopping, entertainment and educational amenities associated with a major provincial city.
Norwich has a main railway station providing a regular service to London.
On the north side of the city is Norwich International Airport which caters for both domestic and international flight destinations.
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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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 53, St Giles Street, Norwich
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