4-bedroom semi-detached house · NR5 8BX
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prolet are pleased to offer this large, semi detached property, located just off Bowthorpe Road.
The property boasts four double bedrooms, one en-suite room, two full bathrooms, and a downstairs toilet. The property is well presented throughout.
Alicante Way is a spacious student property nestled in a quiet residential area.
The property is located just off Bowthorpe Road and benefits from bus routes into the city, as well as nearby convenience stores such as Norwich Food Centre, and Tesco and Co-Op at the Fiveways.
UEA is just a 20 minute walk away making this an ideal student home. The property consists of four double bedrooms- three upstairs and one downstairs.
The downstairs bedroom also benefits from an en-suite bathroom. The kitchen is fully fitted with a double fridge freezer, washing machine, electric oven, and gas hob.
A large living space to the rear of the property is perfect for dining, relaxing, and socialising. There is also a downstairs toilet.
Upstairs, there are three double bedrooms- all of which are fully furnished, and two full bathrooms. The property also has a rear garden and a driveway space for one car.
Alicante Way Key Features Close to city centre/amenities. Rear garden Off road parking Modern fixtures and fittings Gas central heating Double glazing Energy Performance Certificate Council Tax Band C
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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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 Alicante Way, Norwich NR5 8BX
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