2-bedroom terraced house · NR2 2DR
To rentListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Alexander & Co is pleased to present an outstanding example of a Victorian terraced home with a modern facelift.
Offering two double bedrooms, two bathrooms, two reception rooms and all just a short distance from the centre of Norwich.
This property is provided unfurnished, on street resident permit parking, lots of local amenities, easy access to bus routes and the city centre.
The home available in December, is presented well both externally and internally starting with a practical entrance porch then leading into the light and airy living room, which is laid with wood laminate flooring, holds a bricked-up fireplace whilst preserving a decorative mantle, completed with a front aspect window.
The 2nd reception room is a similar size to the 1st, most commonly used as a dining area.
Also laid with wood laminate flooring, has a understairs storage cupboard and provides access to the rear courtyard garden through a patio door.
The modern fitted kitchen has hardwearing, wood effect floor tiles, ample wall, and base units with granite style worktops.
An integrated ceramic hob and electric oven are included within this kitchen.
The 1st washroom is found on the ground floor, laid with stone effect floor tiles, has a storage cupboard and holds a three piece suite that includes; enclosed shower cubicle, toilet, and hand wash basin.
On the 1st floor, there are two large double bedrooms both laid with carpet and absorb plenty of natural light.
The rear aspect bedroom benefits from an en suite shower room, laid with wood laminate flooring and includes a hand wash basin, toilet, and enclosed shower cubicle.
This fantastic home further benefits from gas central heating, double glazing and an easy to maintain, rear enclosed courtyard garden.
Golden triangle two double bedrooms two bathrooms two reception rooms private courtyard garden on street parking high sepcification EPC rating – C Holding deposit - £288 Damage deposit - £1442 Council tax band - B The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments: A holding deposit (up to 1 week's rent) A tenancy deposit of 5 weeks' rent A payment of up to £50 inc VAT to alter the tenancy agreement, when requested by a tenant, or reasonable costs incurred if higher Interest at a rate of 3% above the Bank of England's base rate, for late payment of rent (which is more than 14 days overdue) A payment of £50 inc VAT for the replacement of a lost key or security device Payments associated with early termination of the tenancy when requested by the tenant Payments to service providers in respect of utilities, communication services, TV licence and council tax Other payments, permitted under appropriate legislation, including damages.
The agent is a member of The Property Redress Scheme, which is a redress scheme, and Client Money Protect, which is a client money protection scheme.
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 127, Newmarket Street, Norwich
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