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See how verdicts work3-bedroom house · NR5 9PA
Sold STCListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**50% shared ownership** Gilson Bailey are delighted to offer this beautifully presented, stylish three bedroom semi-detached home, tucked away in a peaceful position to the west of Norwich.
Finished to an excellent standard throughout, this superb property offers bright and spacious accommodation comprising an entrance hall, comfortable lounge, kitchen/dining room and WC to the ground floor.
Upstairs, there are three well-proportioned bedrooms and a contemporary family bathroom accessed from the landing.
Outside, the property continues to impress with a driveway providing off-road parking to the front, while the landscaped, tiered rear garden offers a fantastic space for relaxing and entertaining, complete with a versatile timber workshop/storage shed.
Further benefits include double glazing, gas central heating and immaculate decorative order throughout, allowing any new owner to move straight in and enjoy.
Perfectly suited to first-time buyers or young families, this wonderful home represents an outstanding opportunity, so be quick to book a viewing. Agents note: The rent payable is £280.49 per month.
Location Located to the west of Norwich within reasonable distance of a good selection of amenities including schooling, doctor’s surgery, shops and supermarket.
There is excellent public transport to and from the city centre with ease of access to the University of East Anglia, Norfolk and Norwich University Hospital, Norwich ring road, A47, A11 and Longwater Retail Park.
Accommodation Comprises Front door to: Entrance Hall Doors to lounge, WC and stairs to first floor.
Lounge (5.43 x 3.76 (17'9" x 12'4")) Double glazed window to front and side, two radiators, under stairs storage.
Kitchen/Diner (4.70 x 3.12 (15'5" x 10'2")) Fitted wall and base units with worktops over, sink and drainer, space for fridge/freezer, washing machine and dishwasher, double glazed window to rear, French doors to rear, radiator, boiler.
Wc Low level WC, hand wash basin, radiator, frosted double glazed window to front. First Floor Landing Doors to three bedrooms and bathroom.
Bedroom One (3.74 x 2.48 (12'3" x 8'1")) Double glazed window to front, radiator, built in wardrobe. Bedroom Two (3.66 x 2.76 (12'0" x 9'0")) Double glazed window to rear, radiator.
Bedroom Three (2.78 x 2.31 (9'1" x 7'6")) Double glazed window to side, radiator.
Bathroom (2.68 x 1.84 (8'9" x 6'0")) Panelled bath with shower over, low level WC, hand wash basin, heated towel rail, frosted double glazed window to rear.
Outside Front Shingled garden and driveway providing off road parking. Outside Rear Tiered garden with patio area leading to lawn, timber workshop/storage shed, enclosed by timber fencing.
Local Authority Norwich City Council, Tax Band B. Tenure Leasehold - Term 125 years from 31 January 2001.
Rent £280.49 per month Management fee £3.79 per month Building insurance £46.80 per month Utilities Fibre to the property. Mains gas, water and electric.
Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
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FAQ
About 10, Purdance Close, Norwich
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