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See how verdicts work5-bedroom house · NR6 6SE
For saleListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £350,000 - £375,000 excellent investment opportunity achieving £3650 per month** Gilson Bailey are delighted to offer this modernised and extended five bedroom semi-detached property, ideally situated in the highly sought-after suburb of Hellesdon and offering an outstanding investment opportunity.
Having been thoughtfully updated throughout, the property provides spacious and versatile accommodation comprising a welcoming entrance hall, dining room, modern fitted kitchen and two ground floor bedrooms, both benefiting from en-suite shower rooms, with one also featuring its own kitchenette, making it ideal for independent living or multi-let accommodation.
Upstairs, there are three further well-proportioned bedrooms and a modern shower room off the landing, with one bedroom also enjoying the luxury of its own en-suite shower room.
Outside, the property offers a large driveway providing ample off-road parking leading to a garage, along with a generous, mature rear garden.
Further benefits include double glazing, gas central heating, comprehensive modernisation throughout and the added advantage of being offered with no onward chain.
Currently generating an impressive rental income of £3,650 per calendar month, this exceptional property represents a fantastic turnkey buy-to-let investment with strong, established returns, making early viewing highly recommended.
Location Hellesdon is a popular suburb to the north west of Norwich and offers a good selection of amenities including schooling for all ages, popular shops, pubs and restaurants with excellent public transport links to and from the City Centre.
There is ease of access to Norwich International Airport, ndr with links to the North Norfolk coastline and neighbouring villages of Horsford, Drayton and Taverham.
Accommodation Comprises Front door to: Entrance Hall Doors to dining room, bedroom and stairs to first floor.
Dining Room (3.51 x 3.34 (11'6" x 10'11")) Kitchen (2.31 x 2.25 (7'6" x 7'4")) Bedroom (4.05 x 3.95 (13'3" x 12'11")) En-Suite (2.18 x 0.79 (7'1" x 2'7")) Bedroom (3.19 x 2.58 (10'5" x 8'5")) Kitchenette (2.08 x 1.65 (6'9" x 5'4")) En-Suite (2.07 x 0.87 (6'9" x 2'10")) First Floor Landing Doors to three bedrooms and shower room.
Bedroom (3.84 x 3.36 (12'7" x 11'0")) En-Suite (2.07 x 1.02 (6'9" x 3'4")) Bedroom (3.84 x 3.37 (12'7" x 11'0")) Bedroom (3.21 x 2.24 (10'6" x 7'4")) Outside Large driveway providing off road parking, single garage and a good sized mature rear garden enclosed by fencing.
Local Authority Broadland District Council, Tax Band B. 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
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FAQ
About 204, Mile Cross Lane, Norwich
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