2-bedroom terraced house · NR3 4TT
Under offerListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom period mid terraced property, with no onward chain, that has been renovated by the current owner to create an ideal first-time, for those looking to enter the property market, a ready to move into family home or as a business investment opportunity, in a very buoyant rental market.
Located in the very popular north of the city centre, the property enjoys easy access to the local amenities including Mousehold Heath, Norwich cathedral and the River Wensum for relaxation, recreation and dog walking.
It benefits from a strong community spirit, evident in the numerous independent retailers, cafes and restaurants as well as the infant and junior schools.
Set back from the road, where there is on-street parking, it is approached via an easy to maintain frontage.
To the rear, an enclosed tiered paved and gravelled garden provides convenient off-road parking as well as an ideal space for socialising with friends and family.
Beautifully presented throughout the main entrance leads into a bright family lounge with a feature exposed brick fireplace, decorative cornice and exposed timber flooring.
From the lounge there is a separate dining room that opens out into a cleverly extended kitchen with access to the rear garden and a bathroom.
To the first floor, two main bedrooms, one with built in storage and the other with an en-suite complete the accommodation.
The property further benefits from regular public transport; bus services connecting to various parts of the city, and Norwich Train Station, providing direct links to London and other major cities.
Norwich city centre is a vibrant place to visit, with extensive historical interest including the castle, numerous churches, Elm Street, the covered market and the Royal Arcade.
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
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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 Silver Street, Norwich, Norfolk
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