2-bedroom terraced house · NR2 3LF
To rentListed 43 days · slow let
Opportunity summary
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About
Alexander & Co are pleased to present a lovely two double bedroom terraced home with two spacious receptions rooms, downstairs WC and a prime Norwich location surrounded by a wealth of amenities.
Located in the highly sought-after Golden Triangle, this attractive two bedroom property on Portland Street offers spacious and versatile accommodation, making for an excellent rental opportunity.
This cosy home will be remedially refreshed throughout.
Please enquire for further information The property benefits from two reception rooms, providing plenty of space for comfortable living, dining, or working from home.
There are also two well-proportioned double bedrooms, offering flexible accommodation for couples, sharers, or a small family. White good appliances include; cooker & washing machine.
Situated within the popular Golden Triangle area, the property is ideally placed for access to Norwich city centre, with a wide range of independent cafés, restaurants, bars, and local amenities close by.
Excellent transport links and convenient access to the city’s vibrant centre further enhance the location.
Golden triangle, NR2 Two double bedrooms two reception rooms close to norwich city centre vast range of local amenities available September Holding deposit - £265 Damage deposit - £1326 Council tax band - B EPC Rating - D The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments: A holding deposit (up to 1 week's rent) A tenancy deposit of 5 weeks' rent A payment of up to £50 inc VAT to alter the tenancy agreement, when requested by a tenant, or reasonable costs incurred if higher Interest at a rate of 3% above the Bank of England's base rate, for late payment of rent (which is more than 14 days overdue) A payment of £50 inc VAT for the replacement of a lost key or security device Payments associated with early termination of the tenancy when requested by the tenant Payments to service providers in respect of utilities, communication services, TV licence, and council tax Other payments, permitted under appropriate legislation, including damages.
The agent is a member of The Property Redress Scheme, which is a redress scheme, and Client Money Protect, which is a client money protection scheme.
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
Agent & docs
FAQ
About 24, Portland Street, Norwich
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