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See how verdicts work2-bedroom terraced house · NR3 2JW
Listing removedReduced £5k (−2.3%) on 26 AugListed 578 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**extended NR3 terrace with A loft room** Gilson Bailey are delighted to offer this two double bedroom, extended, mid terrace house situated in the highly sought after NR3 area of Norwich.
Accommodation comprising entrance porch, extended lounge/diner, kitchen and bathroom to the ground floor.
On the first floor there are two bedrooms off landing and access to a loft room providing additional space.
Outside there is a low maintenance front garden and a non- bisected rear garden with a large workshop with power and lighting.
The house benefits from double glazing, gas heating and is offered with no onward chain.
The property would make an excellent first time purchase or buy-to-let investment so be quick to book a viewing.
Location Berners Street is situated close by to many local amenities including schooling, popular local shops, pubs, restaurants and supermarkets and has great public transport links to and from the city centre.
There is good access to Mousehold Heath, Norwich Ring Road, Norwich train station and the ndr.
Accommodation Comprises Front door to: Entrance Porch Door to: Lounge/Diner (9.17 x 3.46 (30'1" x 11'4")) Two double glazed windows, two radiators, stairs to first floor.
Kitchen (2.53 x 1.87 (8'3" x 6'1")) Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, space for fridge and washing machine, double glazed window.
Bathroom (1.90 x 1.88 (6'2" x 6'2")) Panelled bath with shower over, low level WC, hand wash basin, radiator, frosted double glazed window.
First Floor Landing Doors to three bedrooms and a pull down ladder to loft room. Bedroom One (3.49 x 3.43 (11'5" x 11'3")) Double glazed window, radiator.
Bedroom Two (4.44 x 3.44 (14'6" x 11'3")) Double glazed window, radiator. Bedroom Three (2.53 x 1.90 (8'3" x 6'2")) Double glazed window, radiator. Loft Room Velux window.
Outside Front Low maintenanance garden with path to front door. Outside Rear Lawned garden, mature plants and shrubs, workshop with power and lighting, enclosed by timber fencing.
Local Authority Norwich City Council, Tax Band A. Tenure Freehold Utilities Full fibre broadband available. Mains water and electric.
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
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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.
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FAQ
About 7, Berners Street, Norwich
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