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See how verdicts work2-bedroom house · NR1 4AS
Listing removedReduced £10k (−4.5%) on 29 JulListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**offered with no onward chain** Gilson Bailey are delighted to offer this well-presented two-bedroom mid-terrace home, ideally situated within the highly sought-after Thorpe Hamlet area of Norwich.
Offering a wonderful combination of character, convenience and practicality, this attractive property is perfectly suited to first-time buyers, investors and those looking to enjoy a location within easy reach of Norwich city centre and the railway station.
The accommodation comprises a comfortable lounge, a separate dining room, a fitted kitchen and a bathroom to the ground floor.
Upstairs, there are two bedrooms accessed from the landing, with one bedroom benefiting from the added luxury of an en-suite shower room.
Outside, the property enjoys a low-maintenance front garden and a good-sized bisected rear garden, providing an attractive outdoor space to relax, entertain or enjoy gardening.
Further benefits include double glazing, gas central heating and the significant advantage of being offered with no onward chain, allowing for a potentially smooth and straightforward purchase.
Combining well-proportioned accommodation with a highly desirable location, this charming home would make an excellent first-time purchase or buy-to-let investment, and early viewing is highly recommended.
Location Thorpe Hamlet, lies just to the east of Norwich City centre within walking distance to the railway station and Riverside development (offering restaurants, bars, cinema and gym).
There is great access into the City centre itself, riverside walks, Mousehold Heath, A47 Southern Bypass and close to Lionwood Infant and Nursery School with a generally outstanding Ofsted report.
Accommodation Comprises Front door to: Lounge (3.65 x 3.48 (11'11" x 11'5")) Double glazed window, radiator.
Dining Room (3.62 x 3.50 (11'10" x 11'5")) Double glazed window, radiator, storage cupboard.
Kitchen (2.75 x 2.13 (9'0" x 6'11")) Fitted wall and base units with worktops over, sink and drainer, space for cooker, fridge/freezer, dishwasher and washing machine, double glazed window.
Bathroom (2.19 x 2.09 (7'2" x 6'10")) Panelled bath with shower over, low level WC, hand wash basin, radiator, frosted double glazed window. First Floor Landing Doors to two bedrooms.
Bedroom One (3.65 x 3.48 (11'11" x 11'5")) Double glazed window, radiator, cast iron fireplace.
Bedroom Two (3.64 x 3.49 (11'11" x 11'5")) Double glazed window, radiator, cast iron fireplace, cupboard.
Shower Room (2.74 x 2.13 (8'11" x 6'11")) Shower cubicle, low level WC, hand wash basin, radiator, frosted double glazed window, cupboard housing boiler.
Outside Front Small low maintenance garden with path to front door. Outside Rear Bisected garden with lawn and patio seating area, shed, enclosed by timber fencing.
Local Authority Norwich City Council, Tax Band A. Tenure Freehold Utilities Fibre to the property. Mains gas, water and electric.
Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 48, Primrose Road, Thorpe Hamlet
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