Studio flat · NR3 1FH
Let agreedReduced £4.4k (−76.9%) on 23 SepListed 62 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Princes House offers 64 Luxury Residences, located in the heart of Norwich, on Historic Princes Street.
Our Residences are exceptionally popular, appealing to everyone who values a friendly atmosphere and a tranquil environment.
Each of our Residences is equipped with full Bosch kitchen, including induction hob, oven, microwave, fridge with freezer box, washing machine and dishwasher.
In addition, laundry facilities with tumble dryers are accessible 24/7 in 'Our Beautiful Laundrette'.
Our apartments are exceptional and thoughtfully designed, featuring stylish en-suite bathrooms that reflect both - comfort and quality.
Utility bills are included ensuring a seamless, stress-free living experience, with round-the clock support available for our Tenants.
Princes House Residences are priced starting at £1000 for a designer studio going up to £2400 for a two bedroom, two bathroom penthouse with a roof terrace and stunning views of Norwich Cathedral, offering a variety of pricing options in between.
Charming city views, cobbled streets and city-centre living - this bright St George's studio enjoys a beautiful outlook over historic Princes Street.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
FAQ
About Princes Street, Norwich, Norfolk, NR3
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