2-bedroom house · NR3 1FD
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*hall*two ground floor bedrooms ground floor shower room first floor open plan lounge/kitchen with vaulted beam ceiling, built in oven, hob and extractor* laminate flooring*gas fired central heating*courtyard garden*no parking* Leave Norwich via Magdalen Street.
Turn right into Cowgate and the flats will be found tucked away on the left hand side. Tenants To reserve a property a holding deposit equivalent to one week's rent is payable.
This will reserve the property for you whilst reference and other pre tenancy checks are carried out.
Please note that this deposit will be withheld if the prospective tenant or any relevant person (including guarantor(s)) withdraw from the proposed tenancy, fail a right to rent check, provide false or misleading information which it was reasonable to rely on when considering the application, or fail to sign the tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or any other deadline for Agreement as mutually agreed in writing).
If successful, the holding deposit will be used towards the first months' rent.
Deposits We will require on or before the commencement of any let agreement, the equivalent of five weeks' rent together with one month's rent in advance.
As the above funds must be ‘cleared funds' before the tenancy commences, we require payment direct into our account.
Tenancy agreement All adults wishing to live at the property will be named on the tenancy agreement.
The tenancy agreement will provide for all persons under the tenancy to be joint and severally liable for the covenants contained therein.
Adults who are not named on the tenancy Agreement jointly may not live in the property. Please be aware that marketing photographs for this property may have been taken using a wide-angle lens.
If you have any specific questions about presentation of the property, configuration of accommodation or the layout of rooms, please call us before undertaking a viewing.
Tenants should be aware that they are responsible for arranging contents insurance.
We will be happy to introduce you to our insurance partner, if required and from which we may derive some commission.
The rent is exclusive of outgoings; therefore, tenants will be required to pay all utility bills generated throughout the tenancy period.
Tenants proposing to occupy the property must view the interior prior to submission of an application and satisfy themselves that the property, presentation, fixtures and fittings are as they understand.
Mills Knight accept no responsibility for any error or emission in these marketing details.
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.
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 advisors 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
FAQ
About 3, Little Bull Close, Norwich
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