2-bedroom flat · NR5 9PR
Listing removedListed 155 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Gilson Bailey Lettings**are delighted to offer this modern, two bedroom, first floor apartment situated in the popular Three Score development close by to the University of East Anglia and Norfolk and Norwich University Hospital.
Accommodation comprising, private entrance hall with stairs to first floor, lounge/Diner, kitchen, Bathroom and two Bedrooms. Outside there is off road parking.
The apartment benefits from UPVC double glazing, gas central heating and is presented in good order throughout.
Tax Band A, Accommodation Comprises Door to private Entrance Hall with stairs to first floor Landing (First Floor) Doors to lounge/diner, two bedrooms and bathroom.
Lounge/Diner (First Floor) 4.50m ( 14'10'') x 3.51m ( 11'7'') UPVC double glazed windows, radiator, opening to Kitchen (First Floor) 2.69m ( 8'10'') x 1.87m ( 6'2'') Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, integral fridge/freezer and washing machine.
Bedroom One (First Floor) 3.14m ( 10'4'') x 2.83m ( 9'4'') UPVC double glazed window, radiator, built in wardrobe.
Bedroom Two (First Floor) 2.77m ( 9'2'') x 2.29m ( 7'7'') UPVC Double glazed window, radiator.
Bathroom (First Floor) Panelled bath with mixer shower over, low level WC, hand wash basin, radiator, frosted UPVC double glazed window. Outside Parking space, communal lawned gardens.
Agents 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.
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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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 Tolye Road, Norwich, Norfolk
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