1-bedroom terraced house · NR2 1AS
Listing removedReduced £20k (−8.7%) on 11 FebListed 342 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** END OF CHAIN CITY CENTRE HOUSE *** Situated in the heart of Norwich city centre, this charming one-bedroom end-of-terrace cottage offers fantastic potential for homeowners and investors alike.
Located within the sought-after Parsonage Square (NR2), the property provides convenient access to local amenities, restaurants, and transport links.
The accommodation comprises two reception rooms, a fitted kitchen, one bedroom, and a family bathroom. To the rear, there is a private courtyard garden — perfect for low-maintenance outdoor living.
At the front of the property you have a small area for pots and plants; alongside a communal garden perfect for sitting out and entertaining.
Offered with vacant possession and no onward chain, this freehold property presents an excellent opportunity for buyers in a highly desirable city centre location!
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 Parsonage Square, Norwich, Norfolk, NR2
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