4-bedroom house
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Alexander & Co is pleased to present a three storey townhouse with four bedrooms, two bathrooms, off street parking and further appealing features.
Placed within the quiet location of Dr Torrens Way, New Costessey.
A modern and spacious four bedroom home offering contemporary living across three floors, also benefitting from two bathrooms, two allocated parking spaces, and being newly refreshed before the next tenancy.
Situated in the popular residential area of New Costessey, Norwich, this attractive property offers generous living space, a modern kitchen and versatile accommodation, making it an ideal choice for families, professionals or those seeking additional space to work from home.
The property is arranged over three storeys, providing a practical layout with plenty of room for comfortable everyday living.
The modern kitchen offers a contemporary setting for cooking and entertaining, while the four bedrooms provide flexible accommodation for family members, guests, or a home office.
With two bathrooms and a downstairs WC, the property offers convenience for busy households. Outside, there is an enclosed and easy to maintain garden, plus the benefit of two parking spaces.
Dr Torrens Way offers convenient access to local shops, supermarkets, schools, and everyday amenities.
The property is well placed for transport links into Norwich city centre and surrounding areas, making it a practical location for commuters, professionals, and families alike.
The area combines a residential setting with convenient access to the facilities and attractions of Norwich.
Dr Torrens Way, NR5 Four well proportioned bedrooms Spacious three-storey accommodation Two bathrooms Separate WC Two parking spaces Convenient access to local amenities and transport links Suitable for families and professional tenants Holding deposit - £311 Damage deposit - 1557 Council tax band - D EPC Rating - B total floor area – 111 sq M 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
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FAQ
About Dr Torrens Way, Costessey
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