2-bedroom house · NR18 0TZ
Listing removedListed 75 days · slow let
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 bedroom modern house situated in a cul-de-sac location close to local shops, schools and within easy reach of the town centre and A11.
The accommodation comprises of an entrance hall, modern kitchen with appliances, living room, master bedroom, good sized second bedroom, bathroom with shower over the bath, private enclosed garden, two off street parking spaces, double glazing, gas central heating, Council Tax Band B, double glazing, gas central heating.
Unfurnished Entrance Hall: Part glazed front door to entrance hall, stairs to first floor, radiator.
Living Room - 3.90m ( 12'10'') x 3.80m ( 12'6''): Large living room with glazed patio doors to garden. There is enough room for a dining area, TV / Sat / BT points, radiator.
Kitchen - 3.00m ( 9'11'') x 2.00m ( 6'7''): Modern kitchen with ample storage and work surface. Appliances include gas hob, electric oven, cooker hood, washing machine and fridge/freezer.
Front aspect window, under cupboard lighting. Bedroom 1 - 3.00m ( 9'11'') x 2.80m ( 9'3''): Master bedroom, two front aspect windows allow much daylight in to the room, fitted wardrobe, radiator.
Bedroom 2 - 2.80m ( 9'3'') x 2.00m ( 6'7''): Good sized second bedroom, rear aspect window over looking the garden, built in wardrobe, radiator.
Main Bathroom: Modern white suite comprising bath with shower over, WC and wash basin. Frosted window, radiator.
Garden: Fully enclosed garden, mainly laid to lawn with patio, mature shrubs and timber shed. Parking: Two private off street parking spaces. Further 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 redecoration 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
Agent & docs
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FAQ
About Palm Close, Wymondham Norfolk
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