1-bedroom house · NR2 4JF
Let agreedListed 37 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Great Value! Newly refurbished ensuite room close to city centre in a professional house-share with good transport links. Double ensuite room available from 9 September for £600 pcm.
Amazing storage: Under the bed, tall space saving wardrobe, chest of drawers and coat rack.
Single occupancy Huge desk with space for several screens and handy sockets Acoustic double glazed windows Washer machine and tumble dryer installed in the new kitchen 1 shower room to be share with just 2 others New double bed, headboard and orthopedic mattress as a good night's sleep is important.
Storage space under the bed. The house share is walking distance to the city centre and just 30 seconds from a bus stop with frequent buses to the main city destinations, including the hospital.
A fortnightly clean of all communal areas is included in the rent. The area is safe. Broadband included with virgin full fibre optic speed 550. The rooms are double for single occupancy.
It is a detached house within walking distance of green spaces such as Marriots Way and Plantation Gardens.
There are a range of supermarkets, cool bars and restaurants on St Benedicts street, Dereham Road and the Golden Triangle all within 5 minutes away.
There are two communal areas for eating and watching TV, containing a sofa and table and chairs. The garden contains garden furniture, two bike sheds and a clothes line.
Regular maintenance checks are completed and repairs carried out by a dedicated handyman. Utility bills are around £65 pppm.
Council tax around £21 pppm The house is managed by an experienced private landlord so there is no letting fee and no agents to deal with. Parking is an optional extra for a nominal £10 pcm.
Rent £600 pcm Deposit £690
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.
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.
Area
Agent & docs
FAQ
About 12A, Old Palace Road, Norwich
Explore nearby