3-bedroom house · NR15 1PF
Listing removedReduced £10.1k (−5.3%) on 12 SepListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £190,000-£200,000 An entrance hall leads to an airy lounge with open archway through to dining area, a contemporary kitchen offers a range of storage units and space for appliances.
At first floor level the landing serves three bedrooms and a family bathroom.
Externally, the property occupies an elevated position with a hardstanding driveway providing off-road parking for two vehicles with an area of awn adjacent.
The main gardens are found to the rear being predominantly laid to lawn with patio area giving excellent space for alfresco dining, with timber shed to side and all enclosed by panel fencing.
Entrance hall lounge/diner - 3.38m x 7.09m (11'1" x 23'3") kitchen - 1.93m x 3.20m (6'4" x 10'6") first floor level - landing bedroom - 2.46m x 3.73m (8'1" x 12'3") bedroom - 2.51m x 3.30m (8'3" x 10'10") bedroom - 1.85m x 2.13m (6'1" x 7'0") bathroom - 1.83m x 2.26m (6'0" x 7'5") agents note: Material Information regarding the property can be found in our Key Facts for Buyers report in the brochures tab.
Services Drainage - mains Heating - electric EPC Rating E Council Tax Band B Tenure - freehold Anti-Money Laundering Fee Statement To comply with hmrc's regulations on Anti-Money Laundering (aml), Whittley Parish are legally required to conduct aml checks on every purchaser(s) once a sale is agreed.
We use a government-approved electronic identity verification service from Landmark to ensure compliance, accuracy, and security.
This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf).
The cost of anti-money laundering (aml) checks is £50 + VAT (£60 inc VAT) per purchase, payable in advance after an offer has been accepted.
This fee to Whittley Parish is mandatory to comply with hmrc regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 61, Olive Avenue, Norwich
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