3-bedroom house · NR3 2JW
Let agreedReduced £25 (−2.3%) on 2 OctListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**EXTENDED NR3 TERRACE WITH A LOFT ROOM** Gilson Bailey Lettings are delighted to offer this TWO DOUBLE BEDROOM, EXTENDED, MID TERRACE HOUSE situated in the highly sought after NR3 area of Norwich.
Accommodation comprising entrance porch, extended lounge/diner, kitchen and bathroom to the ground floor. On the first floor there are TWO BEDROOMS OFF LANDING.
Outside there is a low maintenance front garden and a non- bisected rear garden with a large workshop with power and lighting. The house benefits from double glazing and gas heating.
Tax Band A, EPC D Accommodation Comprises Front door to: Entrance Porch (Ground Floor) Door to: Lounge/Diner (Ground Floor) 9.17m ( 30'2'') x 3.46m ( 11'5'') Two double glazed windows, two radiators, stairs to first floor.
Kitchen (Ground Floor) 2.53m ( 8'4'') x 1.87m ( 6'2'') Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, space for fridge and washing machine, double glazed window.
Bathroom (Ground Floor) 1.90m ( 6'3'') x 1.88m ( 6'3'') Panelled bath with shower over, low level WC, hand wash basin, radiator, frosted double glazed window.
First Floor Landing (First Floor) Doors to three bedrooms and a pull down ladder to loft room. Bedroom One (First Floor) 3.49m ( 11'6'') x 3.43m ( 11'4'') Double glazed window, radiator.
Bedroom Two (First Floor) 4.44m ( 14'7'') x 3.44m ( 11'4'') Double glazed window, radiator. Bedroom Three (First Floor) 2.53m ( 8'4'') x 1.90m ( 6'3'') Double glazed window, radiator.
Loft Room (First Floor) Velux window. Outside Front Low maintenanance garden with path to front door.
Outside Rear Lawned garden, mature plants and shrubs, workshop with power and lighting, enclosed by timber fencing.
Agent notes The tenants may still be in residence so these details and photos are only an indication of the property and there could be some requirement for remedial work before the start of a new tenancy.
agents notes There may be Furniture/furnishings along with white goods in the property when viewing that are not included in the tenancy . Please contact the office for further details.
agents notes Due to high demands, there may be multiple viewings at the same time and cannot guarantee a solo viewing at any one time.
Agents Notes Table and Chairs are being left, call office to discuss.
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 Berners Street, Norwich,
Explore nearby