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See how verdicts work4-bedroom semi-detached house · NR5 8JE
Listing removedListed 403 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD AT AUCTION - £227,000 A vacant 3/4 bedroom semi detached house ideal for student letting or owner occupation This ex local authority semi detached house has been providing a significant rental income as a student let but it is now being sold vacant and ready for either re letting or for owner occupation.
The property is fully double glazed, has gas central heating and is in good decorative order throughout having been recently redecorated.
The property is located close to the University of East Anglia and the Norfolk and Norwich Hospital.
Ground floor Hall, lounge, dining room/bedroom four, kitchen First Floor Landing, bedroom 1 with ensuite shower room, two further bedrooms, bathroom, separate wc.
Outside Front and rear gardens, outside store and wc, on street parking.
Council Tax Band B Viewing Open viewings are arranged and the next are on Wednesday 15 October Friday 17 October To book an appointment please call the Norwich office.
Tenure: Freehold EPC Rating: D Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £840 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 15 Wakefield Road, Norwich, Norfolk NR5 8JE
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