3-bedroom semi-detached house · NR5 0GB
Under offerListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Iconic are delighted to offer for sale this attractive and well-presented three-storey family home, located in the popular NR5 area and offered with no onward chain.
The property enjoys a superb position, overlooking mature trees to the front and has views across Costessey Cemetery to the rear, providing a pleasant outlook and a good degree of privacy.
The accommodation begins with a welcoming entrance hallway featuring a staircase rising to the first floor and doors leading to all ground floor rooms.
A modern cloakroom is fitted with a low-level WC and hand wash basin.
The kitchen is well proportioned and fitted with a range of wall and base units with worktops over, stainless-steel sink and drainer, electric oven, four-ring gas hob with extractor above, and ample space for additional appliances.
A breakfast bar provides a practical and sociable dining option.
To the rear of the property, the spacious sitting/dining room offers generous living space with room for a dining table, a useful storage cupboard, and French doors opening directly onto the rear garden, allowing plenty of natural light.
The first floor landing provides access to bedrooms two and three, both of which are excellent-sized double rooms featuring built-in wardrobes, with bedroom two offering the potential to be divided into two separate rooms if desired.
The family bathroom comprises a modern three-piece white suite, including a panelled bath with shower over, low-level WC and hand wash basin.
A further staircase rises to the second floor, which is dedicated to the impressive principal suite.
This spacious double bedroom benefits from its own en-suite shower room fitted with a modern three-piece suite, creating a private and comfortable retreat.
Externally, the property benefits from two allocated parking spaces to the front. To the rear is a fully enclosed garden, mainly laid to lawn with a patio seating area ideal for outdoor entertaining.
The garden is enclosed by timber fencing and features a rear access gate.
This well-located and versatile home would make an ideal purchase for families, professionals or investors alike, and early viewing is highly recommended.
Agents Notes: Charges: Estate Service Charges approx: £264pa. Green Belt Charges £321 pa
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About Dr Torrens Way, New Costessey, Norwich
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