3-bedroom house · NR13 6RD
For saleReduced £20k (−9.1%) on 31 JulListed 141 days
Opportunity summary
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About
** no onward chain ** Gilson Bailey are delighted to present this three bedroom end terraced house situated in the highly popular village of Salhouse.
This property is in need of some modernisation throughout however it could be a great starter home to grow into and make your own. There is also potential to extend to the side STP.
The downstairs accommodation comprises porch entrance, lounge, kitchen, W/C and a utility room. On the first floor there are three bedrooms and a family bathroom.
Outside to the rear is a fully enclosed garden which is mainly laid to lawn and has a range of mature plants, trees and shrubs.
There is also an additional hidden garden which is located to the rear, this isn't shown in the photos due to over growth however once cleared the garden would really open up giving you lots more space to play with.
To the front is mainly lawned however this could be turned into a hard standing driveway giving the owner additional parking. This property benefits from gas central heating, mains water and drainage.
Location The Broadland village of Salhouse is an extremely sought-after village, surrounded by the tranquil landscape and a stone through away from the Norfolk Broads.
Salhouse has a wealth of local amenities and fantastic local pubs and restaurants.
There is great access to the A47 Southern Bypass, Northern Distributor road plus excellent public transport links including a Rail service providing services to Norwich city centre.
Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Gilson Bailey cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
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FAQ
About 1, Wheatley Terrace, Norwich
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