3-bedroom house · NR2 1HJ
Listing removedReduced £55 (−3.8%) on 4 SepListed 86 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gilson Bailey Lettings are delighted to offer this well presented three double bedroom, two bathroom split level apartment situated close to the City centre within easy reach of the University and Art College.
The accommodation comprises of secure entrance lobby, private entrance hall, living room, separate kitchen with appliances, three double bedrooms, main bathroom, separate shower room, electric heating, private covered parking space, Council Tax Band C.
EPC rating D. Furnished. *parking space* city centre location * Entrance Hall: Part glazed entrance door to private entrance hall accessed via secure entrance lobby. Built in storage cupboard.
Stairs to third floor. Heater. Living Room - 5.20m ( 17'1'') x 3.00m ( 9'11''): Living room with rear aspect window with views towards the city centre. Heater.
Kitchen - 3.20m ( 10'6'') x 2.10m ( 6'11''): Separate kitchen with ample storage and work surface. Appliances include electric hob, oven, cooker hood, fridge/freezer and washer/drier.
Bedroom 1 - 4.80m ( 15'9'') x 4.20m ( 13'10''): Big double bedroom, two front aspect windows allow much natural light in. Heater.
Bedroom 2 - 4.80m ( 15'9'') x 4.30m ( 14'2''): Second large double bedroom, big front aspect window, heater.
Bedroom 3 - 4.80m ( 15'9'') x 3.10m ( 10'3''): Third big double bedroom, rear aspect window with far reaching views over the City. Heater.
Shower Room: Modern suite comprising shower cubicle, WC and wash basin. Heated towel rail, frosted window. Bathroom: Bathroom suite comprising bath with shower over, WC and wash basin. Heater.
Parking: One allocated covered parking space. Agents note: The tenants are in residence so these details and photos are only an indication of the property and some remedial work may be in progress .
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. Agent Note : This property is Fully Furnished.
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
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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 Dukes Court, Wellington Lane Norwich
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