4-bedroom house · NR3 3AX
Listing removedListed 106 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A large four-bedroom end-of-terrace townhouse in Norwich city centre, offering river views and flexible accommodation over multiple floors.
The property has been redecorated and new carpets installed throughout.
On the ground floor, there is a large entrance hall with storage, double bedroom/study with river views and wooden floors, a second double bedroom with wooden floors, shower room and utility room and access onto the courtyard garden.
On the first floor is a modern open-plan kitchen/dining room with wooden floors and a large living room providing practical day-to-day living.
Off the living room is generous balcony with views over the river Wensum creating a pleasant space for relaxation or entertaining.
On the top floor are two further double bedrooms, both with en-suite shower rooms and built in wardrobes. Outside, in addition to the courtyard garden and balcony is a single garage.
The town house is well placed for Norwich's amenities, with the city centre, riverside walks and a range of shops, cafés, and restaurants within easy reach.
Norwich offers several well-regarded schools and colleges within a short drive or bus journey.
Public transport links are convenient: Norwich railway station is accessible by bus or car, with regular services to London Liverpool Street in around 1 hour 50 minutes, as well as direct trains to Cambridge, Ipswich and Great Yarmouth.
Local bus services connect the area to the wider city. The property holds an EPC rating of C and falls within Council Tax Band E.
The property is available to view now and is offered on the following basis; No Smokers No Students No Sharers Following viewing the property, if an applicant wishes to express their interest, they will need to contact Martin & Co Norwich.
If invited to apply, a Holding Deposit equivalent to one weeks rent will be payable upon application.
Provided the tenancy commences as planned, the Holding Deposit will act against the first month's rent.
Prior to the start of any tenancy, we will require a Security Deposit, equivalent to 5 weeks rent be received, in cleared funds, in addition to the first month's rent (less the Holding Deposit).
PLEASE NOTE: If the applicant and/or guarantor(s) withdraw from the application, delay unreasonably in providing information during the application process, fail a Right to Rent check, provide information which is misleading, inaccurate, false or incomplete or fail to enter into the tenancy within 15 days (or other mutually agreed deadline) then we may retain the Holding Deposit and reject the application.
All individuals over the age of 18, who will be residing in the property, will be required to be fully referenced and named on the Tenancy Agreement and each Tenant will become 'jointly and severally liable'.
Any individual not named on the Tenancy Agreement is not permitted to reside in the property.
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
Agent & docs
FAQ
About The Moorings, Oak St, NR3 (City Centre)
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