2-bedroom terraced house · NR3 1EG
To rentReduced £50 (−4.8%) on 21 OctListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular NR3 area of Norwich, this well presented two bedroom mid terraced home offers spacious accommodation, an enclosed rear garden and permit parking, all within walking distance of Norwich city centre.
The ground floor is centred around a generous open plan lounge and dining room, creating a bright and sociable living space with room for both relaxing and dining.
Windows to both the front and rear provide plenty of natural light, while a feature fireplace adds a touch of character.
Positioned to the rear, the fitted kitchen offers a good range of wall and base units with work surfaces over, together with a gas hob and oven.
There is space for a fridge/freezer, washing machine and dishwasher, while a door provides direct access to the rear garden.
Upstairs, two bedrooms are both accessed directly from the landing, providing a particularly practical layout for a traditional terraced home.
The bedrooms are served by a family bathroom fitted with a bath and shower over, WC and wash basin.
Externally, the property benefits from an enclosed courtyard garden to the front, while the fully enclosed rear garden is predominantly paved for ease of maintenance and includes established flowerbeds.
The property is conveniently positioned to the north of Norwich city centre, with an excellent range of shops, cafés, pubs and other everyday amenities within easy reach.
The city centre itself is within walking distance, while Norwich Railway Station and Riverside are also readily accessible.
Combining two double bedrooms, an open plan living space and a convenient location close to the heart of Norwich, this attractive home is expected to prove popular.
Early viewing is highly recommended. Deposit – £1210 Holding Deposit – £242 Council Tax Band – A Local Authority – Norwich EPC - D We have been advised that the property has the following services.
Mains water, private drainage, electricity and gas fired central heating. Winkworth wishes to inform prospective buyers and tenants that these particulars are a guide and act as information only.
All our details are given in good faith and believed to be correct at the time of printing but they don’t form part of an offer or contract.
No Winkworth employee has authority to make or give any representation or warranty in relation to this property.
All fixtures and fittings, whether fitted or not are deemed removable by the vendor unless stated otherwise and room sizes are measured between internal wall surfaces, including furnishings.
The services, systems and appliances have not been tested, and no guarantee as to their operability or efficiency can be given.
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 Waterloo Road, Norwich, Norfolk, NR3
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