3-bedroom flat · NR1 4AB
Listing removedReduced £50 (−4.8%) on 5 SepListed 71 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 recently redecorated, very spacious three double bedroom first floor apartment close to local shops, schools and within easy reach of the City centre.
The accommodation comprises of a large private entrance lobby, entrance hall, living room, kitchen breakfast room, three double bedrooms, bathroom with shower over the bath, UPVc double glazing, gas central heating, one allocated parking space, Council Tax Band B, unfurnished Entrance Lobby: Front door to entrance lobby, large storage cupboard, stairs to entrance hall.
Entrance Hall: Part glazed door to entrance hall, doors to all rooms, radiator.
Living Room - 4.50m ( 14'10'') x 3.50m ( 11'6''): Large living room, big rear aspect window which allows much natural light in providing the room with a bright and relaxed feel. TV point, radiator.
Kitchen Breakfast Room - 3.70m ( 12'2'') x 3.60m ( 11'10''): Kitchen breakfast room with ample storage and work surface. Appliances include electric hob, oven, cooker hood and fridge.
Space and plumbing for additional appliance. Dining area, double aspect windows. Bedroom 1 - 4.30m ( 14'2'') x 3.70m ( 12'2''): Double bedroom, front aspect window, radiator.
Bedroom 2 - 3.70m ( 12'2'') x 3.60m ( 11'10''): Second double bedroom, front aspect window, radiator. Bedroom 3 - 4.70m ( 15'6'') x 2.60m ( 8'7''): Third double bedroom, front aspect window, radiator.
Bathroom: Modern white suite comprising bath with shower over, WC and wash basin. Frosted window, radiator. Parking: One allocated parking space.
Agent 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.
Agent 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.
Agent 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
FAQ
About Plumstead Road, Norwich
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