1-bedroom house · NR2 2BE
Let agreedListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE NOW! This 9 bedroom house, offers spacious shared accommodation in a convenient NR2 location with easy access to UEA, NUA and Norwich city centre.
The property provides plenty of communal space including a generous lounge creating a comfortable place to relax, socialise and unwind.
A particular advantage is the choice of 2 kitchens, both equipped with an oven, hob and fridge/freezer, helping to make day-to-day living practical when sharing with other tenants.
The house also benefits from 3 bathrooms, providing good facilities across the property, while a useful bike storage shed is ideal for those cycling to work or into the city.
Well positioned for wanting convenient access to university campuses, the city centre and local amenities. 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. DFM Double room with wardrobe and desk
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 Cambridge Street, Norwich, NR2
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