2-bedroom house · NR7 9XN
Listing removedListed 122 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 two-bedroom, first-floor flat located on the popular Heartsease estate, to the north/east of Norwich.
The accommodation includes an entrance hall, a spacious lounge/diner, kitchen, two bedrooms, bathroom and separate WC. Outside, there are communal gardens and on street parking.
The flat benefits from UPVC double glazing, gas central heating and is presented in excellent order throughout. Early viewing is recommended. EPC rating C. Council tax band A. Furnished.
Front door to: Entrance Hall Opening to Kitchen - 4.43m ( 14'7'') x 2.59m ( 8'6''): Fitted base units with worktops over, sink and drainer, cooker, fridge and washing machine, UPVC double glazed window, Lounge/Diner - 7.14m ( 23'6'') x 3.15m ( 10'5''): Two UPVC double glazed windows, two radiators, door to balcony, door to Bedroom One - 4.79m ( 15'9'') x 3.08m ( 10'2''): UPVC Double glazed window, radiator.
Bedroom Two - 3.65m ( 12'0'') x 2.66m ( 8'9''): UPVC Double glazed window, radiator. Bathroom: Hand wash basin, bath, radiator, frosted UPVC double glazed window.
WC: Llwc, hand wash basin, UPVC windows Outside: Communal gardens and on street parking.
Agents Notes: 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 Notes: 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 Notes: Due to high demands, there may be multiple viewings at the same time and cannot guarantee a solo viewing at any one time.
Agents Note : Fully Furnished: Kitchen table and chairs, sofa, coffee table, and unit. Both bedrooms containing bed frame and mattress and draws
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
We're still gathering serviced-accommodation data for this area.
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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.
Area
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FAQ
About Holmes Close, Norwich Norfolk
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