4-bedroom house · NR1 1HD
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £375,000 - £395,000.
A substantial Victorian end of terrace investment property offering an excellent opportunity to acquire a fully income producing asset comprising four self contained flats.
The accommodation includes a one bedroom flat and studio apartment on the ground floor and one bedroom flats occupying the first and second floors.
All four flats benefit from gas central heating and double glazing throughout, while the rear ground floor flat further enjoys the advantage of a private rear garden.
To the front of the property, there is off road parking for one vehicle.
The property is ideally suited to investors, with all four flats currently tenanted, although Flat 4 is due to be vacated soon, giving opportunity for a new owner to upgrade this flat before letting again according to their wishes.
In addition, there is considerable scope for further development or enhancement, subject to any necessary consents, offering potential to increase both rental yield and capital value.
Conveniently situated close to a wide range of local amenities, transport links and leisure facilities, this attractive Victorian property combines character, income potential and future development opportunities in a highly desirable investment package.
Could also include turning the property back into a family home (subject to planning permission) Location Ideally located just off Thorpe Road, this apartment is perfectly placed for convenience and connectivity.
Just a short walk from Norwich railway station, it offers excellent transport links, making it ideal for commuters.
Within minutes, you can immerse yourself in the vibrant Norwich City centre, home to a diverse mix of high street shops, boutique stores, cafes, bars, and restaurants.
The nearby Riverside leisure complex provides a great range of entertainment options, including a multiplex cinema, gym, bowling alley, and a variety of dining spots.
For sports enthusiasts, Norwich City Football Club is also just a short distance away, adding to the appeal of this well situated home.
Agents Note - Anti Money Laundering By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with hmrc guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £45+ VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
What3words /// pardon.secret.prone Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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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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 advisors 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.
Area
Agent & docs
FAQ
About Flats 1 To 4, Lower Clarence Road, Norwich
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