5-bedroom house · NR5 8RN
For saleReduced £10k (−3.8%) on 21 JunListed 678 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Description Norwich, for sale. Perfectly located within walking distance to the uea and easy access to the nearby Spire Hospital and nnuh.
This two-storey home has five double bedrooms in total and has been operating as a sought-after HMO student house for many years.
It was recently let to a group of five individuals at £1,840 pcm (excluding bills) with five good-sized bedrooms, all fully furnished.
The house has undergone some upgrades in recent years with the installation of carpets, furniture and a boiler.
The property has a large private rear garden, use of a garden shed for storage and has on-street parking on Calthorpe Road.
It could be rented out again as is, or some upgrades could be made to the kitchen and bathroom to maximise its great investment potential.
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.
Area
Agent & docs
FAQ
About 67, Calthorpe Road, Norwich
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