1-bedroom house · NR5 8HN
To rentListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the popular NR5 area, this spacious 6 bedroom end-terraced house presents an excellent opportunity for tenants to secure a fully furnished room in a recently refurbished property.
All bills, plus a bi-weekly communal clean are included in the price.
Ideally located for the University of East Anglia, the Norfolk and Norwich University Hospital, and Norwich city centre, the house offers modern, high-quality accommodation in a convenient setting.
The property has been completely refurbished throughout with stylish décor and excellent facilities designed with housemates in mind.
Communal spaces include a brand-new modern kitchen featuring two ovens, two hobs, and three fridge freezers, plus a separate dining room, utility area with washing machine and tumble dryer, and an enclosed low-maintenance garden with outdoor seating.
Two modern shower rooms and an additional WC serve the house, while each bedroom is furnished with a bed, wardrobe, drawers, and desk.
Rooms are suitable for single occupancy only, providing a comfortable and private living environment. Please note, the bedroom images include the use of AI.
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 - 4 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. Bedroom 2 Ground floor smaller double bedroom.
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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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 advisers 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 Friends Road, Norwich, NR5
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