4-bedroom detached house · NR10 3SH
Sold STCListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold with sitting tenant – £1,650 pcm rental income Iconic Estate Agents are delighted to offer for sale this well-presented detached family home, situated within a highly desirable area of Horsford.
The property is currently let to a sitting tenant producing £1,650 per calendar month (£19,800 per annum), making this an excellent opportunity for investors looking for an established rental property with a tenant already in situ.
The property has been extensively updated by the current owners and offers spacious, modern accommodation ideally suited to family living.
The ground floor features a generous bay-fronted lounge, providing a comfortable and welcoming reception space, together with a versatile study/fifth bedroom, which was formerly the integral garage and now offers excellent flexibility depending on the requirements of the new owner.
The heart of the home is the impressive 23ft open-plan kitchen, recently installed and finished with high-gloss units, work surfaces over and a selection of integrated appliances.
This superb space is complemented by a separate utility room, convenient ground-floor cloakroom and conservatory overlooking the rear garden.
To the first floor, four well-proportioned bedrooms are accessed from the landing.
The principal bedroom benefits from fitted wardrobes and an updated en-suite shower room, while the remaining bedrooms are served by a stylish re-fitted family bathroom suite.
Externally, the property offers off-road parking to the front via a driveway.
To the rear is a sunny, enclosed and low-maintenance garden featuring an artificial lawn, patio seating area and garden shed, providing an attractive space for relaxing and entertaining.
The property is ideally positioned close to local schools, shops and amenities, with excellent transport links nearby.
With £19,800 per annum in current rental income, spacious accommodation and a popular Horsford location, this property represents an attractive investment opportunity.
Please contact Iconic Estate Agents for further information.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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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About Meadowsweet, Norwich
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