3-bedroom house · NR3 1JY
To rentListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GILSON BAILEY LETTINGS are pleased to offer this spacious THREE DOUBLE BEDROOM Victorian house benefitting from additional upstairs space and situated close to local shops, schools, pubs, parks and is within easy reach of the City centre.
The accommodation comprises of a living room, separate dining room, kitchen, three double bedrooms, shower room, gas central heating, double glazing, South facing garden.
Council Tax Band A, UNFURNISHED Living Room (Ground Floor) 3.50m ( 11'6'') x 3.30m ( 10'10'') Large living room with big front aspect window which allows much natural light in providing the room with a bright and welcoming feel.
Feature exposed floorboards, radiator, TV point.
Dining Room (Ground Floor) 3.80m ( 12'6'') x 3.50m ( 11'6'') Separate dining room, rear aspect window, feature exposed floor boards, open stairs to first floor, arch to kitchen. Radiator.
Kitchen (Ground Floor) 3.00m ( 9'11'') x 2.10m ( 6'11'') Kitchen with ample storage and work surface. Appliances include gas hob, oven and cooker hood.
Space and plumbing for additional appliances. Door to rear garden.
Bedroom 1 (First Floor) 4.50m ( 14'10'') x 3.40m ( 11'2'') Large master bedroom, feature cast iron fireplace, front aspect window, radiator.
Bedroom 2 (First Floor) 4.00m ( 13'2'') x 2.80m ( 9'3'') Second double bedroom, rear aspect window, radiator. Door to bedroom 3.
Bedroom 3 (First Floor) 3.01m ( 9'11'') x 3.00m ( 9'11'') Third double bedroom, rear aspect window overlooking the garden. Radiator.
Shower Room (First Floor) Suite in white comprising shower cubicle, WC and wash basin. Radiator. Garden Fully enclosed private South facing garden.
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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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 Shipstone Road, Norwich, Norfolk
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