5-bedroom terraced house · NR5 8JE
Listing removedReduced £10k (−3.3%) on 6 FebListed 307 days
Opportunity summary
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About
** guide price £290,000 - £310,000 - excellent investment opportunity close by to the university ** Gilson Bailey are delighted to offer this excellent opportunity to purchase this extended and well-presented five-bedroom mid-terrace house, superbly situated to the west of Norwich within close proximity to the University of East Anglia, making it an ideal buy-to-let investment or spacious family home.
The generous and versatile accommodation is arranged over two floors and includes an entrance hall, lounge and kitchen, along with two ground-floor bedrooms and a contemporary shower room, while the first floor offers three further well-proportioned bedrooms and an additional modern shower room off the landing.
The property further benefits from double glazing and gas central heating throughout, a shingled front garden and a large enclosed rear garden, providing excellent outdoor space.
Offered with no onward chain, this attractive and spacious home presents a fantastic opportunity in a popular and convenient location, and early viewing is highly recommended to avoid disappointment.
Location Wakefield Road lies west, with ease of access to both the Norfolk & Norwich University Hospital and University of East Anglia.
Conveniently located to the A47 southern bypass and A11, the main route to London and Cambridge.
Offering a good selection of local amenities including Waitrose supermarket, schooling, popular pubs and restaurants, local parks and golf course.
There are regular bus services to and from the City centre. Accommodation Comprises Front door to: Entrance Hall Doors to lounge, kitchen and stairs to first floor.
Lounge (3.93 x 3.53 (12'10" x 11'6")) Double glazed window, radiator.
Kitchen (3.82 x 3.05 (12'6" x 10'0")) Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, space for fridge/freezer and washing machine, double glazed window, radiator, door to rear.
Bedroom (3.20 x 2.89 (10'5" x 9'5")) Patio doors, radiator. Bedroom (3.33 x 2.75 (10'11" x 9'0")) Double glazed window, radiator.
Shower Room (1.68 x 1.46 (5'6" x 4'9")) Shower cubicle, low level WC, hand wash basin, radiator, frosted double glazed window. First Floor Landing Doors to three bedrooms, shower room and WC.
Bedroom (3.94 x 3.54 (12'11" x 11'7")) Double glazed window, radiator, cupboard. Bedroom (3.99 x 2.71 (13'1" x 8'10")) Double glazed window, radiator, cupboard.
Bedroom (3.07 x 2.26 (10'0" x 7'4")) Double glazed window, radiator. Shower Room (1.69 x 1.46 (5'6" x 4'9")) Shower cubicle, hand wash basin, heated towel rail, frosted double glazed window.
Wc Low level WC, frosted double glazed window. Outside Front Shingled garden with steps and path to front door. Outside Rear Patio area, large lawned garden, timber shed, enclosed by timber fencing.
Local Authority Norwich City Council, Tax Band B. Tenure Freehold Utilities Full fibre broadband available. Mains gas, water and electric.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 27, Wakefield Road, Norwich
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