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See how verdicts work2-bedroom house · NR5 0RP
Listing removedReduced £10k (−3.8%) on 18 SepListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £275,000 - £285,000 substantially extended house offered with no onward chain** Gilson Bailey are delighted to offer this spacious and extended two-bedroom end-terrace home, ideally situated within the popular suburb of Costessey and offering generous accommodation both inside and out.
Perfectly suited to first-time buyers, professionals and those seeking extra living space, this attractive property boasts a flexible layout comprising an entrance porch, a welcoming dining room, a fitted kitchen, a useful utility room and a particularly impressive lounge extension that provides an excellent space for relaxing and entertaining.
Upstairs, there are two well-proportioned bedrooms and a family bathroom accessed from the landing.
Externally, the property continues to impress with a driveway providing off-road parking and leading to a garage/workshop, ideal for storage, hobbies or home projects.
To the rear, a substantial garden offers plenty of space for outdoor dining, family activities and entertaining guests throughout the warmer months.
Further benefits include double glazing, gas central heating and the added advantage of being offered with no onward chain.
Conveniently located close to local amenities, schools and transport links, this fantastic home presents an excellent opportunity for buyers looking to secure a well-sized property in a sought-after location.
Early viewing is highly recommended.
Location Costessey can be found to the west of Norwich with a selection of amenities including good primary and secondary schooling, selection of shops, popular local pubs and restaurants, also good access to the University of East Anglia, University Hospital, A47 Southern Bypass and good public transport links in and out of the city centre.
Accommodation Comprises Front door to: Entrance Porch Door to: Dining Room (5.04 x 4.03 (16'6" x 13'2")) Two double glazed windows, two radiators, stairs to first floor.
Kitchen (3.07 x 2.89 (10'0" x 9'5")) Fitted wall and base units with worktops over, sink and drainer, space for cooker, patio doors.
Utility Room (1.80 x 1.78 (5'10" x 5'10")) Fitted wall and base units with worktops over, sink and drainer, space for washing machine and fridge/freezer, double glazed window.
Lounge (6.96 x 3.94 (22'10" x 12'11")) Three double glazed windows, two patio doors, radiator. First Floor Landing Doors to two bedrooms and bathroom.
Bedroom One (5.03 x 3.12 (16'6" x 10'2")) Two double glazed window, radiator. Bedroom Two (3.14 x 2.98 (10'3" x 9'9")) Double glazed window, radiator.
Bathroom (1.97 x 1.81 (6'5" x 5'11")) Panelled bath with shower over, low level WC, hand wash basin, radiator, frosted double glazed window.
Outside Front Shingled driveway providing off road parking leading to a garage/workshop. Outside Rear Patio area, large lawned garden, mature plants and shrubs, enclosed by timber fencing.
Local Authority South Norfolk Council, Tax Band C. Tenure Freehold Utilities Fibre to the property. Mains gas, water and electric.
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.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About 42, Three Mile Lane, Norwich
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