4-bedroom house · NR5 0NY
To rentListed 89 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gilson bailey are pleased to offer this four double bedroom, two bathroom architect designed executive home set out over three floors and situated in this exclusive development close to local shops, schools and within easy reach of the City centre.
The accommodation comprises of an entrance hall, downstairs cloakroom, large living room, kitchen dining room, separate utility room, master bedroom with en-suite shower room and private balcony, second double bedroom with walk in wardrobe, third double bedroom with fitted wardrobes, 28ft long 4th bedroom suite with doors to sun terrace, private hard landscaped garden, garage & private parking, Council Tax Band E, unfurnished *architect design stunnng home*private balcony to master bed *sun terrace to 4th bed* Entrance Hall: Part glazed front door to entrance hall, quality wooden flooring, storage cupboard, underfloor heating, inset spotlights.
Downstairs Cloakroom: Suite in white comprising WC and wash basin. Chrome heated towel rail, tiled floor and walls, frosted window.
Living Room - 6.20m ( 20'5'') x 3.50m ( 11'6''): Living room with glazed patio doors to garden. Quality wooden flooring, TV points, underfloor heating, opens to kitchen.
Kitchen Dining Room - 4.70m ( 15'6'') x 2.80m ( 9'3''): Kitchen dining room with ample storage and solid wooden work surface. Appliances include electric hob, double oven, cooker hood and dishwasher.
Dining area, patio doors to garden, inset spotlights, underfloor heating. Utility Room: Separate utility room with extensive fitted storage, work surface, space and plumbing for appliances.
Door to integral garage, tiled floor, inset spotlights. Bedroom 1 - 3.60m ( 11'10'') x 3.50m ( 11'6''): Master bedroom with big glazed patio sliding doors to private balcony .
Heater, TV point, door to en-suite shower room. Bedroom 1 en-suite: Bathroom suite in white comprising double sized shower cubicle with 'rainfall' shower, WC and wash basin.
Heated towel rail, illuminated mirror, tiled floor & walls, inset spotlights.
Bedroom 2 - 3.60m ( 11'10'') x 2.80m ( 9'3''): Second double bedroom, rear aspect window overlooking the garden, impressive walk in wardrobe with fitted storage. Heater.
Bedroom 3 - 3.60m ( 11'10'') x 2.80m ( 9'3''): Third double bedroom, glazed double doors to Juliet balcony, range of built in wardrobes, heater.
Bedroom 4 - 8.60m ( 28'3'') x 5.00m ( 16'5''): This room has a number of potential uses including for an additional bedroom, reception room, office/work space.
Glazed patio doors to the wrap around sun terrace. Quality wooden flooring, inset spotlights, built in cupboard.
Bathroom: Bathroom suite in white comprising bath, separate double sized shower cubicle with rainfall shower, WC and wash basin.
Chrome heated towel rail, frosted window, inset spotlights, tiled floor & walls.
Sun Terrace: Sun terrace which wraps around the house and provides an amazing additional and very private space with delightful un-spoilt views over open countryside.
Garden: Private fully enclosed garden, hard landscaped to provide a very peaceful and calming outside space with minimal upkeep required.
Garage & Parking: Single integral garage with electric up & over door, power and light. One private off street parking space. Further communal visitor parking available.
Agents Note: 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 Note: 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 Note: 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
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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 Ottaway Close, Costessey Norwich
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