4-bedroom house · NR2 4BU
To rentReduced £400 (−19%) on 30 SepListed 361 days · slow let
Opportunity summary
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About
Alexander & Co are delighted to introduce an excellent student property offering four double bedrooms, multiple reception rooms, garage, and off-street parking.
The layout has flexibility of use, left to the tenant’s discretion. Close proximity from uea and nua, available September.
This student accommodation includes quality furnishings and is well presented, whilst having front and rear gardens.
Inside, an entrance hall which includes convenient storage, a spacious double bedroom which is laid with carpet and absorbs plenty of natural light.
A decorative lounge which is well furnished to accommodate a group size relevant to this accommodation.
There is a modern fitted galley style kitchen complete with an array of wall/base units with plenty of worktop space and a good size bathroom completes this level, benefiting from a shower over bath.
White good appliances include an integrated hob and oven, a washing machine, and a fridge freezer.
On the first floor, three double bedrooms which are all furnished and presented well, whilst being laid with carpet.
On this floor there is a study room which can also be swapped to create a 4th 1st floor bedroom if required.
Further benefits include an excellent rear enclosed garden with garage and off street parking, gas central heating, double glazing, and easy access to uea & nua.
Dereham road, NR2 Four double bedrooms rear enclosed garden garage off street parking easy access to uea & nua available September Holding deposit - £484 Damage deposit - £2423 Council tax band – na EPC Rating - D 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
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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
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FAQ
About 94, Dereham Road, Norwich
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