3-bedroom detached house · NR4 7LY
Listing removedReduced £25k (−7.7%) on 10 JulListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Situated on the cusp of the uea campus this detached dwelling sits on a generous size plot and offers scope for modernisation and extension.
Offered with no onward chain internal viewing is recommended.
Description Situated in a quiet residential cul-de-sac, this detached home presents an excellent opportunity for buyers seeking a well-located home with scope for updating and modernisation.
The property offers well-proportioned accommodation and would appeal particularly to purchasers looking to add value and personalise a home to their own taste.
While the house now requires updating throughout, it provides a solid foundation and flexible layout, making it ideal for first-time buyers, investors, or those seeking a rewarding renovation project.
Externally, the home benefits from its peaceful setting within a well-established residential area known for its friendly community atmosphere.
Penryn Close is conveniently positioned for access to local shops, schools, healthcare facilities and green spaces, with straightforward transport links into Norwich city centre and the wider Norfolk area.
Offering both potential and location, this property represents an exciting opportunity for buyers looking to create a home tailored to their own requirements in a popular and well-connected part of the city.
Entrance Porch Single glazed door to front aspect, door to entrance hall; Entrance Hall Single glazed door to entrance porch, single glazed window to side aspect, radiator, doors to wc, lounge and kitchen, stairs to first floor landing.
Wc Single glazed window to side aspect, suite comprising low level wc, wash hand basin.
Lounge Single glazed window to front aspect, two radiators, open to dining room; Dining Room Single glazed french doors to rear aspect, radiator, door to kitchen; Kitchen Single glazed window to rear aspect, wall and bare units, work surfaces over, inset stainless steel sink and drainer, electric oven, electric hob, gas fired central heating boiler, door to utility room; Utility Room Single glazed window to rear aspect, single glazed door to rear aspect leading to garden, internal door to garage.
Landing Stairs leading from entrance hall to first floor landing, single glazed window to side aspect, loft access, airing cupboard, doors to all bedrooms and bathroom; Bedroom One Single glazed windows to front and side aspect, radiator.
Bedroom Two Single glazed window to rear and side aspect, fitted wardrobes, radiator. Bedroom Three Single glazed window to front aspect, fitted wardrobes, radiator.
Bathroom Single glazed window to rear aspect, suite comprising bath with mixer taps, and shower attachment over, low level wc, pedestal sink, radiator.
External The property is approached via a driveway providing parking and access to the garage. To the rear there is a large garden that leads to the rear and side.
Agents Note The term of the lease is 99 years from 01/04/1968, which means there are currently 58 years remaining. This may impact on mortgage lending requirements.
Interested parties should make further enquiries. Agents Note The sale of this property is subject to receipt of Grant of Probate.
Please obtain an update from the branch with regards to the potential timeframes involved. Directions Proceed out of Norwich via the Earlham Road.
At the ring road roundabout take your second exit onto the continuation of Earlham Road.
At the Fiveways roundabout take your first exit onto Bluebell Road and then left again into Salter Avenue before taking a right hand turn into Penryn Close where the property will be located in the cul de sac on your right hand side.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
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 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.
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FAQ
About 23, Penryn Close, Norwich
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