3-bedroom terraced house · NR3 3JL
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented terraced home situated in a quiet residential cul-de-sac north of Norwich city centre.
The property offers spacious accommodation, including a generous living room, well-appointed kitchen and versatile garden room, a downstairs wc, alongside three bedrooms and a modern shower room.
Outside, a private rear garden provides a lovely space to relax and entertain. Conveniently located close to local amenities, green spaces and transport links into the city centre.
Situated within a quiet residential cul-de-sac north of Norwich city centre, this attractive terraced home offers spacious and versatile accommodation, complemented by a private rear garden and a well-connected location.
Upon entering the property, you are welcomed by a porch leading into a generously sized kitchen, offering an abundance of fitted cabinets, ample worktop space and plenty of room for everyday cooking.
The kitchen flows through to a spacious and inviting living room, where a character fireplace adds charm and character.
A large window allows natural light to fill the room, while sliding doors open into the garden room, creating a lovely sense of space and flow throughout the ground floor.
A large downstairs WC adds further convenience and practicality.
The garden room is a fantastic addition to the property, offering a versatile space that can be tailored to suit a variety of needs, whether as a dining area, an additional sitting room or a home office.
With direct access to the rear garden, it provides the perfect setting to relax or entertain. Upstairs, the first floor offers three well-proportioned bedrooms.
The main bedroom is particularly generous in size, with a bright and airy feel, while the second bedroom provides another excellent double room.
The third bedroom offers a cosy yet practical space, ideal for a child’s bedroom, guest room or study.
Completing the first-floor accommodation is the main bathroom, fitted with a large walk-in shower, wash basin and WC.
Outside, the property benefits from a private rear garden, featuring a combination of lawn and patio, providing an ideal space for outdoor dining, relaxing and entertaining during the warmer months.
A useful garden shed offers additional storage.
Penn Grove is ideally positioned for convenient access to Norwich city centre, with regular bus services nearby, along with a range of local amenities, schools and supermarkets.
The popular shops and cafés of Magdalen Street and Anglia Square are within easy reach, while Waterloo Park and Mousehold Heath offer attractive green spaces for walks and outdoor leisure.
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.
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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
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FAQ
About Penn Grove, Norwich
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