2-bedroom house · NR3 3BW
Listing removedListed 90 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gilson bailey lettings are delighted to offer this well presented two bedroom, two bathroom Victorian house set in a no through road close to local shops, parks and within easy reach of the city centre.
The accommodation comprises of a living room, separate dining room, kitchen, downstairs shower room, two double bedrooms, en-suite bathroom with shower over the bath, courtyard garden, gas central heating, double glazing, permit parking, Band A Council Tax, unfurnished Living Room - 3.65m ( 12'0'') x 3.10m ( 10'3''): Living room with fig front aspect window which allows much natural light in.
Feature fireplace, quality laminate floor, TV / BT points, radiator.
Dining Room - 3.65m ( 12'0'') x 3.10m ( 10'3''): Separate dining room, feature fireplace, rear aspect window over looking the garden, quality laminate flooring, built in storage cupboard, radiator.
Kitchen - 2.15m ( 7'1'') x 2.00m ( 6'7''): Modern re-fitted kitchen with ample storage and work surface. Appliances include electric cooker. Space and plumbing for additional appliances.
Door to garden. Downstairs Shower Room: Modern white suite comprising shower cubicle, WC and wash basin. Radiator, frosted window.
Bedroom 1 - 3.65m ( 12'0'') x 3.10m ( 10'3''): Double bedroom, rear aspect window, quality Laminate floor, feature fireplace, radiator, door to en-suite.
Bedroom 1 en-suite: Modern white suite comprising bath with thermostatic shower over, WC and wash basin. Extensive tiling, frosted window, radiator.
Bedroom 2 - 3.65m ( 12'0'') x 3.10m ( 10'3''): Second double bedroom, front aspect window, feature fireplace, quality laminate floor, built in wardrobe, radiator.
Garden: Fully enclosed private courtyard garden, sunny deck area, timber shed, side access gate. Parking: On street permit parking.
Agents Note: The tenants may still be in residence so these details and photos are only an indication of the property and there could be some requirement for remedial work before the start of a new tenancy.
Agents Note: There may be Furniture/furnishings along with white goods in the property when viewing that are not included in the tenancy . Please contact the office for further details.
Agents Note: Due to high demands, there may be multiple viewings at the same time and cannot guarantee a solo viewing at any one time.
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 Leonards Street, Norwich
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