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See how verdicts work2-bedroom terraced house · NR3 4AQ
For saleReduced £10k (−4.8%) on 24 OctListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £210,000 - £220,000 offered with no onward chain** Gilson Bailey are delighted to offer this well presented, two bedroom, mid terrace house situated in the highly sought after NR3 area of Norwich, just a short walk from the City Centre and its excellent range of amenities.
The accommodation comprises a welcoming lounge, separate dining room and modern fitted kitchen to the ground floor offering excellent living space and the first floor providing two generous bedrooms off the landing, with the second bedroom giving access to the stylish shower room.
Outside, the property benefits from a driveway to the front providing off-road parking, while to the rear there is a large, bisected garden and an outside WC, offering excellent outdoor space and further potential.
The house further benefits from double glazing, gas central heating and is offered with no onward chain, making it an ideal first-time purchase or buy-to-let investment.
Early viewing is highly recommended.
Location Magdalen Road is within walking distance of the City Centre and is situated close by to many local amenities including schooling, popular shops, pubs, restaurants and supermarkets.
There is ease of access to Norwich train station, Riverside complex, Mousehold Heath and the Norwich Ring Road.
Accommodation Comprises Front door to: Lounge (3.50 x 3.48 (11'5" x 11'5")) Double glazed window, radiator.
Dining Room (2.66 x 2.63 (8'8" x 8'7")) Double glazed window, radiator, stairs to first floor.
Kitchen (2.36 x 1.86 (7'8" x 6'1")) Fitted wall and base units with worktops over, sink and drainer, space for cooker, fridge and washing machine, double glazed window, door to side.
First Floor Landing Doors to two bedrooms. Bedroom One (3.52 x 3.50 (11'6" x 11'5")) Double glazed window, radiator. Bedroom Two (2.67 x 2.60 (8'9" x 8'6")) Double glazed window, radiator.
Shower Room (2.26 x 1.66 (7'4" x 5'5")) Shower cubicle, low level WC, hand wash basin, heated towel rail, frosted double glazed window. Outside Front Driveway providing off road parking.
Outside Rear Large paved bisected garden, outside WC, enclosed by fencing and hedging. Local Authority Norwich City Council, Tax Band A. 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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 60, Magdalen Road, Norwich
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