3-bedroom terraced house · NR3 4TD
Sold STCListed 79 daysAuction 18 Aug · ended
Opportunity summary
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About
FOR SALE BY ONLINE AUCTION ON TUESDAY 18TH AUGUST 2026 TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE Three bedroom terrace house subject to a regulated tenancy producing £553 PCM A North City terrace house let to a protected tenant paying a recently registered rent of £553 PCM.
The property has two reception rooms, a kitchen and wet room on the ground floor and three bedrooms on the first floor.
There is a small front garden and an off road covered parking space to the rear for a small car. The tenants have been in residence for over 50 years.
Ground Floor Lounge, dining room, kitchen, rear lobby, wet room, lean to conservatory First Floor Landing, three bedrooms Outside Small front garden, courtyard style rear with double gates onto the rear lane, covered parking for small car Council Tax Band A Tenure: Freehold EPC Rating: D Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £600 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.
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Returns
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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 74 Silver Road, Norwich, Norfolk NR3 4TD
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