2-bedroom house · NR1 4JD
To rentListed 28 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 charming two bedroom late Victorian house of great character set back from the road with spectacular views over the city.
It is a short walk to the station, shops, restaurants and the city centre. The property offers a kitchen and bathroom and very high quality sash style double glazing.
The accommodation comprises of an entrance hall, kitchen/dining room, lounge, master bedroom with stunning views, second smaller double bedroom, bathroom with shower over the bath, outside store / hobby room, garden, parking, Gas central heating double glazing, unfurnished** views over the city** Bedroom 1 - 3.60m ( 11'10'') x 4.20m ( 13'10''): Master bedroom with two windows which not only provide much daylight in but provide the most stunning views out over the city.
Feature cast iron fireplace, built in wardrobe, radiator, TV point. Bedroom 2 - 3.30m ( 10'10'') x 2.30m ( 7'7''): This room is big enough to accommodate a double bed.
Rear aspect window, feature cast iron fireplace, radiator. Entrance Hall: Part glazed UPVC front door leading to entrance hall, storage cupboard, stairs to first floor.
Garden: Secluded private garden with hedges to three sides. Lawn area and patio. Kitchen Dining Roon - 5.10m ( 16'9'') x 3.10m ( 10'3''): Kitchen / dining room with ample work surface and storage.
A wonderful living and entertaining space with room for table and chairs. The quality, stainless steel gas cooker is set within its own recess with cooker hood above.
There are also a fridge/ freezer, dishwasher and washing machine supplied. Two big windows and door to the courtyard.
Living Room - 3.40m ( 11'2'') x 3.50m ( 11'6''): Front aspect window with views of the garden. Feature open fireplace, exposed floorboards. TV point, radiator.
Main Bathroom: Modern white bathroom suite comprising bath with shower over, WC and wash basin. Tiled floor, radiator, built in cupboard.
Outside: Accross the courtyard from the kitchen is what was once the scullery. However, as it has power and light it would make an excellent small workshop.
There is a separate store ideal for 2 or 3 bicycles. Parking: Permit parking. There are un-restricted parking bays and visitor parking nearby.
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
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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 St Leonards Terrace, Gas Hill Norwich
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