3-bedroom detached house · NR2 4QG
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within easy access of the city centre, Iconic Estate Agents are delighted to offer for sale this deceptively spacious three-bedroom maisonette.
The property offers generous and versatile accommodation throughout and is ideally suited to a range of buyers.
The accommodation comprises an entrance hall with doors leading to the modern kitchen/breakfast room, cloakroom and spacious lounge, together with stairs rising to the first floor.
The modern kitchen/breakfast room offers a range of wall and base units with work surfaces over, along with an integrated electric hob, oven and extractor.
There is also a breakfast bar, providing the perfect space for a morning coffee or informal evening meal.
The spacious lounge benefits from a generous rear-facing window, a door providing access to the rear garden, an on-wall fire with back boiler and useful storage cupboard.
To the first floor, there are three bedrooms leading from the landing, with two benefiting from fitted wardrobes.
The accommodation is further complemented by a modern four-piece family bathroom comprising a bath, separate shower cubicle, wash hand basin and W/C.
Outside, the property benefits from a paved front garden with an external storage shed, while to the rear is a fully enclosed garden which is part paved and part shingled, providing a low-maintenance space in which to relax and unwind.
The property is offered with a 125-year lease from 1988 , a ground rent of £10 per annum and service charges currently in the region of £250 per annum With its generous accommodation, enclosed gardens and convenient location for the city centre, this property is sure to generate considerable interest.
Early viewings are strongly advised to avoid disappointment.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 17, Portway Place, Norwich
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