1-bedroom house · NR3 1JZ
Sold STCReduced £10k (−7.1%) on 8 SepListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £140,000 - £150,000.
This light and spacious single storey home presents an excellent opportunity for first-time buyers, downsizers, or investors seeking a well-located property close to Norwich city centre.
The accommodation is thoughtfully arranged with an inviting open plan lounge, diner, and kitchen, creating a versatile living space perfect for both relaxing and entertaining.
The double bedroom offers generous proportions and ample natural light, while the modern bathroom is finished in a neutral style to suit a variety of tastes.
The property is offered with no onward chain, ensuring a smooth and straightforward purchase process.
Residents benefit from access to a communal garden (ideal for socialising or enjoying the outdoors without maintenance responsibilities).
Proximity to local amenities, transport links, and Norwich’s vibrant city centre further enhances the appeal, making this a desirable choice for those seeking a blend of tranquillity and urban convenience.
Lounge / Diner / Kitchen (5.04m x 6.89m) Large open plan space comprising a range of wall and base units with laminate work tops, free standing electric cooker with extractor fan over, obscure uPVC double glazed front door, three uPVC double glazed windows to the front and side aspects, laminate flooring and floor laid to carpet, two radiators, uPVC double glazed French double doors to the communal garden, wall mounted gas boiler, space for fridge - freezer, space and plumbing for washing machine, inset stainless steel sink with drainer and tiled splash back.
Inner Lobby Doors to bathroom and bedroom and floor laid to carpet.
Double Bedroom (3.14m x 2.96m) Double bedroom with a uPVC double glazed window to the side aspect, built in wardrobe, floor laid to carpet and a radiator.
Bathroom (1.84m x 2.14m) Enclosed shower with splash back and glass door, low set WC, pedestal hand wash basin with tiled splash back, laminate flooring, radiator and an obscure uPVC double glazed window to the side aspect.
Garden Private garden laid to stone shingle with side access to Shipstone Road. Disclaimer Websters is a member of Propertymark and The Property Ombudsman Service.
Neither Websters nor its representatives provide any warranty or representation regarding the property on behalf of ourselves or the seller.
These particulars are for guidance only and do not form part of any offer or contract. Leasehold details, including service charges and ground rent, should be confirmed by your legal adviser.
Measurements, plans, photographs and descriptions are approximate and for illustration only.
It should not be assumed the property has all required planning permissions, building regulation approvals or other consents.
Services, fixtures and fittings have not been tested and buyers should verify these independently.
Anti-money laundering checks are required for all buyers and sellers and are carried out by our partner Coadjute via a secure link once an offer is accepted (subject to contract).
A non-refundable fee of £45 + VAT per person applies.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 89 Shipstone Road, Norwich
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