2-bedroom house · NR5 0UF
Let agreedListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gilson bailey lettings are pleased to offer this two double bedroom modern house situated on this popular development close to local shops, supermarkets, the A47 / A11 giving easy access to the University and hospital.
The accommodation comprises of an entrance hall, downstairs cloakroom, large living room, kitchen, master bedroom with built in wardrobes, second double bedroom, bathroom with shower over the bath, private garden, off street parking, gas central heating, double glazing, unfurnished.
Bedroom 1 - 4.00m ( 13'2'') x 2.50m ( 8'3''): Master bedroom with big rear aspect window over looking the garden. Built in double wardrobes, TV / BT point, radiator.
Bedroom 2 - 4.00m ( 13'2'') x 2.20m ( 7'3''): Second double bedroom, front aspect window, radiator. Downstairs Cloakroom: Modern white suite comprising WC and wash basin. Radiator, frosted window.
Entrance Hall: Part glazed front door to entrance hall, quality laminate flooring, radiator, stairs to first floor. Garden: Fully enclosed private garden mainly laid to lawn with patio area.
Timber shed, rear access gate. Kitchen - 3.00m ( 9'11'') x 1.90m ( 6'3''): Modern kitchen with ample storage and work surface. Appliances include gas hob, electric oven and cooker hood.
Space and plumbing for additional appliances. Front aspect window.
Living Room - 4.50m ( 14'10'') x 4.00m ( 13'2''): Large living room with glazed double doors to garden that allows much natural light in providing the room with a bright and welcoming feel.
Built in storage cupboard, TV / Sat / BT points, radiator. Main Bathroom: Modern white suite comprising bath with thermostatic shower over, WC and wash basin. Extensively tiled walls. Radiator.
Parking: Off street private allocated parking space. Unrestricted on street parking.
Agents Note: The tenants may still be in residence so these details and photos are only an indication of the property and there could be some requirement for remedial work before the start of a new tenancy.
Agents Note: There may be Furniture/furnishings along with white goods in the property when viewing that are not included in the tenancy . Please contact the office for further details.
Agents Note: Due to high demands, there may be multiple viewings at the same time and cannot guarantee a solo viewing at any one time.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Lord Nelson Drive, Norwich Norfolk
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