3-bedroom terraced house · NR3 3LT
For saleReduced £5k (−2.3%) on 21 JunListed 588 days
Opportunity summary
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About
**offered with no onward chain** Gilson Bailey are delighted to offer this extended, three bedroom, mid terrace house situated in the quiet cul-de-sac in the highly sought after NR3 area of Norwich.
Accommodation comprising entrance hall/utility area, extended lounge/diner, kitchen and WC to the ground floor. On the first floor there are three bedrooms and a shower room off landing.
Outside there is paved and shingled front garden and to the rear there is an enclosed garden with rear gate access.
The house benefits from double glazing, gas heating and is offered with no onward chain. The property would make an excellent first time purchase so be quick to book a viewing.
This Property is a Non Standard Construction Build. Location The popular NR3 area of Norwich provides a good range of local amenities to include schooling, shops, supermarkets, pubs and restaurants.
There are good public transport links to and from the City centre with ease of access to the Norwich Ring Road and ndr.
Accommodation Comprises Front door to: Entrance Hall/Utility (3.03 x 1.81 (9'11" x 5'11")) Doors to lounge/diner, kitchen, WC, space for washing machine.
Lounge/Diner (6.31 x 4.88 (20'8" x 16'0")) Sliding patio doors, radiator.
Kitchen (3.62 x 3.54 (11'10" x 11'7")) Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, space for fridge/freezer, double glazed window.
Wc Low level WC, hand wash basin. First Floor Landing Doors to three bedrooms and shower room. Bedroom One (4.90 x 2.65 (16'0" x 8'8")) Double glazed window, radiator.
Bedroom Two (3.25 x 2.52 (10'7" x 8'3")) Double glazed window, radiator, built in wardrobe. Bedroom Three (3.26 x 2.32 (10'8" x 7'7")) Double glazed window, radiator, built in wardrobe.
Shower Room (1.94 x 1.48 (6'4" x 4'10")) Walk-in shower, low level WC, hand wash basin, radiator. Outside Front Paved and shingled garden with path to front door.
Outside Rear Paved, tiered garden, enclosed by timber fencing with rear gate access. Local Authority Norwich City Council, Tax Band A. Tenure Freehold Utilities Copper broadband available.
Mains water and electric.
Value & comps
No previous sales on record.
Returns
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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 39, Millers Lane, Norwich
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