3-bedroom house · NR5 0AR
Listing removedReduced £25k (−7.1%) on 3 JulListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a highly sought-after cul-de-sac location in Costessey, this extended and much-improved detached chalet-style family home is offered with no onward chain , making it an ideal purchase for a range of buyers.
The property boasts spacious and versatile accommodation, beginning with both porch and hall entrances.
The ground floor features a generous double bedroom, a modern shower room, and a recently fitted wet room.
There is also access to the main living areas, including a well-proportioned lounge and an impressive 23ft extended kitchen/diner.
This contemporary space is fitted with a range of modern base units, work surfaces, and provides ample room for a family dining table, perfect for both everyday living and entertaining.
Further enhancing the ground floor is a separate dining room with an opening into the lounge, patio doors leading out to the rear garden, and access to a dedicated study, ideal for home working.
Upstairs, the property offers two additional double bedrooms, both benefiting from fitted wardrobes and useful eaves storage. Externally, the property continues to impress.
To the front, there is off-road parking along with a substantial tandem-length 30ft garage complete with power and lighting.
To the rear and side, you will find a generous, south-facing lawned garden with a raised patio area—perfect for outdoor dining and entertaining.
Early internal viewing is highly recommended to fully appreciate the space, flexibility, and desirable location this fantastic family home has to offer.
Value & comps
No previous sales on record.
Returns
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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 13, Olive Close, Norwich
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