3-bedroom house · NR1 2JT
For saleReduced £10k (−3.8%) on 10 SepListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**excellent first time purchase** Gilson Bailey are delighted to offer this three bedroom, semi detached house, occupying a generous plot in a convenient location to the south of Norwich.
The accommodation comprises an entrance hall, spacious lounge/diner, fitted kitchen and bathroom to the ground floor, while upstairs there are three bedrooms off landing, with bedroom one benefiting from its own en-suite WC.
Outside, the property enjoys good sized gardens to both the front and rear, offering plenty of space for outdoor entertaining and family life, along with a driveway providing ample off road parking.
Further benefits include double glazing and gas heating.
Offering excellent potential and generous accommodation both inside and out, this property would make a fantastic first time purchase or family home, so be quick to book a viewing.
Location The favoured south city of Norwich offers good access to and from the City centre along with popular local amenities to include schooling, shops, supermarkets, pubs and restaurants.
There is ease of access to Norwich Bus station, Chapelfield Gardens, University of East Anglia, Norfolk and Norwich University Hospital, A11 and the A47 southern bypass.
Accommodation Comprises Front door to: Entrance Hall Doors to lounge/diner, kitchen and stairs to first floor. Lounge/Diner (5.00 x 3.32 (16'4" x 10'10")) Two double glazed windows, two radiators.
Kitchen (3.16 x 1.91 (10'4" x 6'3")) Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, space for fridge/freezer, washing machine and tumble dryer, double glazed window, door to side.
Bathroom (1.89 x 1.72 (6'2" x 5'7")) Panelled bath with shower over, low level WC, hand wash basin, radiator, frosted double glazed window. First Floor Landing Doors to three bedrooms.
Bedroom One (2.97 x 2.79 (9'8" x 9'1")) Double glazed window, radiator, built in wardrobes. Wc (1.70 x 1.01 (5'6" x 3'3")) Low level WC, hand wash basin.
Bedroom Two (3.18 x 2.72 (10'5" x 8'11")) Double glazed window, radiator. Bedroom Three (3.48 x 1.93 (11'5" x 6'3")) Double glazed window, radiator.
Outside Front Lawned garden with mature plants and trees and a large driveway providing off road parking. Outside Rear Patio area, lawned garden, timber shed, enclosed by timber fencing.
Local Authority Norwich City Council, Tax Band B. Tenure Freehold Utilities Fibre to the property. Mains gas, water and electric.
Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
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 11, Mansfield Lane, Lakenham
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