1-bedroom house · NR3 2JY
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully renovated 5 bedroom shared house offers stylish furnished accommodation, generous communal spaces and bills included.
Finished to a modern standard throughout, the property features 5 bedrooms across 2 floors and 2 contemporary shower rooms.
Each bedroom offers a comfortable living space with neutral décor and soft carpeting.
Both shower rooms feature contemporary fixtures and finishes, while a washing machine and tumble dryer provide added convenience.
The modern communal kitchen features attractive fitted cabinetry, wood-effect worktops, integrated cooking appliances and ample storage.
A separate lounge/diner provides a welcoming space to relax and socialise, complete with comfortable seating, a dining table and additional workspace.
Outside, residents benefit from a low-maintenance gravelled area, generous driveway parking and unrestricted on-street parking, with no permits required.
Situated on Press Lane in Norwich's NR3 area, the property offers a convenient location for both students and working professionals seeking comfortable shared living, with easy access to Norwich city centre and its range of shops, restaurants, amenities and transport links.
Bills are included in the rent, alongside professional communal cleaning twice weekly, ensuring a clean and well-maintained living environment with minimal hassle.
HABI Rooms are suitable for single occupancy only - 1 person per room. PAYMENT TERMS: At the time of application/referencing a HOLDING DEPOSIT - 1 WEEK'S RENT will be required.
Please note that delays with your application or discrepancies with the information you supply may result in an unsuccessful application and your holding deposit being retained.
Before the tenancy starts a SECURITY DEPOSIT - 5 WEEK'S RENT will be required.
TENANT PROTECTION Habi Lettings Ltd is a member of the Propertymark Client Money Protection ( a client money protection scheme).
Also a member of The Property Ombudsman Ltd, part of the redress scheme. Bedroom 3
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 advisers 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 Press Lane, Norwich, NR3
Explore nearby