Property · NR3 4DY
To rentReduced £20 (−28.6%) on 26 AugListed 169 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold One allocated parking space within a secure compound. The Parking space is located to the rear of Sprowston road and is one of three spaces (the other two are currently let out).
The parking area is located within a pad-locked gate with a number entry code.
We do not offer viewings of this space, if you are interested please contact the agency for specific location and application details. A licence to occupy will be granted. Disclaimer Agent Notes: 1.
All our lettings fees can be seen on our website at . Websters is a member of Propertymark and The Property Ombudsman Service.
Websters and its representatives cannot provide any warranty or representation in respect of the property, whether on our own behalf or on behalf of the seller.
These particulars are for guidance only and do not form part of any offer or contract.
All measurements, distances, plans, photographs and descriptions are approximate and for illustrative purposes only.
It should not be assumed that the property has all necessary planning permissions, building regulations approval or other consents.
Services, fixtures and fittings have not been tested by Websters and interested parties are advised to satisfy themselves through inspection or independent verification.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 Parking Space Number One, Norwich
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